OECD Regions at a Glance 2016
OECD Regions at a Glance shows how regions and cities contribute to national economic growth and well-being. This edition updates more than 40 region-by-region indicators to assess disparities within countries and their evolution over the past 15 years. The report covers all the OECD member countries and, where data are available, Brazil, People’s Republic of China, Colombia, India, Latvia, Lithuania, Peru, the Russian Federation and South Africa.
New to this edition:
- A comprehensive picture of well-being in the 391 OECD regions based on 11 aspects that shape people's lives: income, jobs, housing, education, health, environment, safety, civic engagement and governance, access to services, social connections, and life satisfaction.
- Recent trends in subnational government finances and indicators on how competencies are allocated and co-ordinated across levels of governments.
Regions and venture capital
Entrepreneurship is an important driver of job creation, competitiveness and economic growth. Countries are therefore increasingly implementing policies to attract venture capital (VC) and business angels at the regional level (OECD, 2011). To attract VC into regions with few VC firms and low levels of investment by non-local VC firms, public policies generally attempt to create a favourable environment for entrepreneurship. This focus can help to remove obstacles for a nascent start-up market, including outside established industry clusters, and facilitate the attraction of VC investments.