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The Winners' Choice: Sustainable Economic Strategies for Successful 21st-Century Regions

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  • Mark D. Partridge
  • M. Rose Olfert

Abstract

Throughout the second half of the 20th century, urbanization, new technologies, rapid labor-saving productivity growth in primary industries, and improved highways combined to create large-scale regions which are now functionally integrated at the rural-urban level. These forces have raised the stakes for regions in their pursuit of economic development and growth, making successful regional policy even more important. Changes to the governance structures consistent with the increased interdependence within broad rural-urban regions will improve the region's competitiveness; adopting fad-based approaches and policies aimed at "picking winners" will be less fruitful. Going forward, continuing globalization and environmental sustainability have the potential to reshape fundamentally the relative attractiveness of regions.

Suggested Citation

  • Mark D. Partridge & M. Rose Olfert, 2011. "The Winners' Choice: Sustainable Economic Strategies for Successful 21st-Century Regions," Applied Economic Perspectives and Policy, Agricultural and Applied Economics Association, vol. 33(2), pages 143-178.
    • Handle: RePEc:oup:apecpp:v:33:y:2011:i:2:p:143-178.
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    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy
    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • H0 - Public Economics - - General

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