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The case for regional development intervention: Place-based versus place-neutral approaches

Author

Listed:
  • Fabrizio Barca

    (Ministry of Economy and Finance)

  • Philip McCann

    (University of Groningen)

  • Andrés Rodríguez-Pose

    (IMDEA Social Sciences Institute)

Abstract

The paper examines the debates regarding place-neutral versus place-based policies for economic development. The analysis is set in the context of how development policy thinking on the part of both scholars and international organizations has evolved over several decades. Many of the previously accepted arguments have been called into question by the impacts of globalization and a new response to these issues has emerged, a response both to these global changes and also to non-spatial development approaches. The debates are highlighted in the context of a series of major reports recently published on the topic. The cases of the developing world and of the European Union are used as examples of how in this changing context development intervention should increasingly focus on efficiency and social inclusion at the expense of an emphasis on territorial convergence and how strategies should consider economic, social, political and institutional diversity in order to maximize both the local and the aggregate potential for economic development.

Suggested Citation

  • Fabrizio Barca & Philip McCann & Andrés Rodríguez-Pose, 2011. "The case for regional development intervention: Place-based versus place-neutral approaches," Working Papers 2011-15, Instituto Madrileño de Estudios Avanzados (IMDEA) Ciencias Sociales.
  • Handle: RePEc:imd:wpaper:wp2011-15
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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    place-based; development; policy; institutions; globalization; economic geography;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • P48 - Economic Systems - - Other Economic Systems - - - Political Economy; Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies

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