OECD Regional Outlook 2011
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OECD Regional Outlook 2011

Building Resilient Regions for Stronger Economies

The OECD Regional Outlook 2011 provides an overview of the main developments in performance among OECD regions and the challenges for regional policy after the crisis. The first two chapters present fresh analysis of regional growth and labour-market trends, exploring their implications for policy. This is followed by three chapters offering focused analyses of key policy issues. The first, and most immediate, concerns the state of sub-national government finances in the wake of the crisis and its implications for managing public investment, in particular, during a period of austerity. The next two chapters are concerned with the potential contribution of regions and regional policies to addressing the longer-term challenges of innovation and green growth. Part 3 of the Outlook presents a "policy forum", a wide-ranging debate on the role of regional policy today involving experts and officials from within and outside the OECD. Finally, the Outlook includes individual country pages providing detailed quantitative and qualitative information on regional performance, institutions and policy settings in OECD members.

Publication Date :
05 Dec 2011
DOI :
10.1787/9789264120983-en
 
Chapter
 

Regions Matter for Innovation You do not have access to this content

Authors:
OECD
Pages :
109–125
DOI :
10.1787/9789264120983-10-en

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Innovation is increasingly seen as the key to increasing or sustaining long-term job creation and economic growth, particularly in economies struggling with heavy debt burdens and the challenge of fiscal consolidation. While economy-wide policies are clearly important, innovation tends to be a highly place-based activity. The present chapter therefore looks at evidence on the role of regions in fostering innovation and at the ways in which regions could better support innovation-driven growth.