An Introduction to Place-Based Development Economics and Policy

This book introduces the reader to local development economics and policy, with a special focus on the place-based paradigm that covers its justification, its difficulties and the types of public intervention that it suggests. The starting point for the analysis is that economic development in laggi...

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Tác giả chính: Seravalli, Gilberto
Định dạng: Sách
Ngôn ngữ:English
Được phát hành: Springer 2015
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Truy cập trực tuyến:https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/59366
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Thư viện lưu trữ: Thư viện Trường Đại học Đà Lạt
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spelling oai:scholar.dlu.edu.vn:DLU123456789-593662023-11-11T06:37:34Z An Introduction to Place-Based Development Economics and Policy Seravalli, Gilberto General Industries Economics Business This book introduces the reader to local development economics and policy, with a special focus on the place-based paradigm that covers its justification, its difficulties and the types of public intervention that it suggests. The starting point for the analysis is that economic development in lagging places is not to be expected as the result of a mechanism of automatic convergence between backward and advanced regions and that, therefore, the most appropriate development policy is not to maximize competition among all agents in all sectors and places. The failure of the Washington Consensus is examined, and the two competing positions to have emerged from this failure – spatially blind interventions and place-based policies – are contrasted. The main shortcoming of spatially blind policies, namely that immobile resources that could trigger or support a development process often remain untapped or “trapped”, is emphasized. The limitations of the “big push” state intervention and wage flexibility solutions to this trap are analyzed and the merits of place-based policies that support intervention and can deal with uncertainty, risk and conflict are discussed. 2015-12-09T08:02:44Z 2015-12-09T08:02:44Z 2015 Book 978-3-319-15377-3 978-3-319-15376-6 https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/59366 en application/pdf Springer
institution Thư viện Trường Đại học Đà Lạt
collection Thư viện số
language English
topic General
Industries
Economics
Business
spellingShingle General
Industries
Economics
Business
Seravalli, Gilberto
An Introduction to Place-Based Development Economics and Policy
description This book introduces the reader to local development economics and policy, with a special focus on the place-based paradigm that covers its justification, its difficulties and the types of public intervention that it suggests. The starting point for the analysis is that economic development in lagging places is not to be expected as the result of a mechanism of automatic convergence between backward and advanced regions and that, therefore, the most appropriate development policy is not to maximize competition among all agents in all sectors and places. The failure of the Washington Consensus is examined, and the two competing positions to have emerged from this failure – spatially blind interventions and place-based policies – are contrasted. The main shortcoming of spatially blind policies, namely that immobile resources that could trigger or support a development process often remain untapped or “trapped”, is emphasized. The limitations of the “big push” state intervention and wage flexibility solutions to this trap are analyzed and the merits of place-based policies that support intervention and can deal with uncertainty, risk and conflict are discussed.
format Book
author Seravalli, Gilberto
author_facet Seravalli, Gilberto
author_sort Seravalli, Gilberto
title An Introduction to Place-Based Development Economics and Policy
title_short An Introduction to Place-Based Development Economics and Policy
title_full An Introduction to Place-Based Development Economics and Policy
title_fullStr An Introduction to Place-Based Development Economics and Policy
title_full_unstemmed An Introduction to Place-Based Development Economics and Policy
title_sort introduction to place-based development economics and policy
publisher Springer
publishDate 2015
url https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/59366
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