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Rethinking Regional Attractiveness in the New Global Environment

image of Rethinking Regional Attractiveness in the New Global Environment

The Rethinking Regional Attractiveness in the New Global Environment report highlights lessons learned from multiple regional case studies from five EU countries (Ireland, Italy, Portugal, Spain and Sweden), additional work with Latin American and Caribbean regions, and a series of webinars and one-on-one dialogues on rethinking regional attractiveness. The OECD’s innovative multidimensional approach to assessing regional attractiveness considers global engagement beyond international connections and economic factors alone. The methodology considers more than 50 indicators to develop regional attractiveness profiles covering six domains of attractiveness: economic attraction, connectedness, visitor appeal, natural environment, resident well-being, and land-use and housing.

The report helps regional and national policy makers to understand how individual regions fare in a new global environment that continues to deal with the impacts of the COVID-19 crisis, compounded by the consequences of Russia’s war of aggression against Ukraine and existing megatrends – all of which produce asymmetric impacts within and between countries and regions – and identify the policy levers available to enhance their attractiveness to the international target groups of investors, talent, and visitors. It also considers the need to co-ordinate across levels of government, across policy fields, and with private stakeholders, and highlights good practices to implement regional attractiveness policies.

English

Technical analysis

In the above table, regression analysis is conducted using different regional samples due to the lack of data available regarding train and flight accessibility when including non-European Union (EU) OECD regions. Hence, the analysis is split into three parts: i) a first study covering OECD and EU Territorial Level 2 (TL2) regions; ii) a second study on OECD regions, plus Argentina (due to their participation in the Rethinking Regional Attractiveness community of practice); and iii) a final analysis on EU countries for which the European Commission has produced an indicator of train and flight accessibility and proximity on Eurostat.

English

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