Beyond BREXIT: what future for UK regional economic policy?

Peck, Frank ORCID: https://orcid.org/0000-0003-1976-154X (2017) Beyond BREXIT: what future for UK regional economic policy? In: University of Cumbria Research & Innovation Conference: Achievement, Impact and Potential, 7 July 2017, Lancaster, UK. (Unpublished)

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Abstract

The European Union through its Cohesion Policies has been at the heart of approaches to regional development in the UK for the past 40 years. In this period, considerable funding has been expended in projects designed to develop so-called "lagging" regions and to correct the workings of markets that tend to create spatial imbalance with consequent inefficiencies arising from underused resources in some places and overheated economies in others. It is not just about funding. Despite its imperfections - not least its cumbersome bureaucracy - the EU has provided a rich source of ideas on the design and delivery of regional policy. These include hard lessons learnt about the significance of clear priorities, the role of regional institutions, the importance of policy co-ordination and the need for negotiation of an appropriate balance of local and central control over policy design and delivery. Post-BREXIT, therefore, what is the future for regional policy in the UK? This presentation debates this question with specific reference to recent developments in economic and industrial strategy in the UK. An attempt is made to review the lessons learnt from EU regional policy and to consider their implication for strategic responses to this impending policy vacuum.

Item Type:	Conference or Workshop Item (Lecture)
Departments:	Centre for Regional Economic Development (CRED)
Depositing User:	Anna Lupton
Date Deposited:	01 Jun 2018 15:52
Last Modified:	12 Jan 2024 18:01
URI:	https://insight.cumbria.ac.uk/id/eprint/3910

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