Territorial Competitiveness and Economic Development Policy
There are fundamental links between academic treatments of ‘economic development’ and of the popular policydiscourse of ‘competitiveness’. Productivity-focused analyses of competitiveness are inherently related to market-centric analyses of development that have economic growth as their objective. However, a consensus is emerging onthe need for broader conceptions of economic progress, built in particular on recognition of: (i) the inconsistency ofshort-term, unconditional growth with environmental sustainability; and (ii) the complexity of relationships betweenincome, other socio-economic factors and actual well-being. This paper argues that moving ‘beyond income’ hasimplications for competitiveness discourse. Understanding the drivers of productivity will remain a key concern, asincome will remain a core component of economic development. However, there is a danger that the dominance of anarrow, market-focused competitiveness discourse will continue to skew policy. The paper argues that the verypopularity of the competitiveness concept among policy-makers in fact presents an opportunity: broaderconceptualisations may facilitate the integration into policy of wider socio-economic concerns. Analysis of the contested competitiveness concept is combined with reflection on recent advances in the measurement of economicprogress in proposing the necessary re-conceptualisation of competitiveness for today’s economic developmentchallenges.
|Date of creation:||24 Apr 2008|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: +34 943 297 327
Fax: +34 943 279 323
Web page: http://www.orkestra.deusto.es
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:ivc:wpaper:200802. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Asier Murciego)
If references are entirely missing, you can add them using this form.