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Centre for Entrepreneurship, SMEs, Regions and Cities

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Rethinking Regional Development Policy-making

This report takes stock of discussions held between academics and country practitioners during a series of seminars organised in 2017 by the OECD and the European Commission that focused on opportunities to improve the design and delivery of regional development policies. What can governments do to enhance economic development in regions and cities ? What lessons can be drawn from theory and practice to ensure public spending and investments contribute to regional development as effectively as possible ? At a time of increasing pressure on public finances it is paramount to enhance the effectiveness of regional policy governance instruments to add value to public spending and investment. Bringing together frontier economic theory and country practices regarding performance frameworks, financial instruments, policy conditionalities, contractual arrangements and behavioural insights in regional policy, this report identifies cross-cutting lessons to help policy-makers manage common trade-offs when designing public expenditure and investment programmes for the development of regions and cities.

Published on April 06, 2018

In series:OECD Multi-level Governance Studiesview more titles

TABLE OF CONTENTS

Foreword
Executive summary
Designing better economic development policies for regions and cities: Lessons from theory and practice
Using financial instruments for regional development policies
Contracts to manage the stability vs. flexibility trade-off in regional development policies
Conditionalities for effective public investment in regional development policies
Performance frameworks for regional development policies
Behavioural insights and organisational behaviour in regional development policies
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