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Regional Differences in England and the Case of Teesside

In: Three Decades of Enterprise Culture

Author

Listed:
  • Francis J. Greene
  • Kevin F. Mole
  • David J. Storey

Abstract

In any economy there are likely to be widespread differences between particular regions. In Europe, one of the countries with the greatest evident differences is the United Kingdom. Indeed, it has one of the highest variations of GDP per capita in the European Union (HM Treasury, 2001). Inner London had a purchasing power parity of 315.3 in 2002 (EU25 = 100), making it the most prosperous economic area in the EU. At the other end of the scale is Cornwall, a county in the extreme South West of England. This had a purchasing power parity of 72.6 which means that, on average, people in Cornwall had only one-quarter the purchasing power of people who lived in inner London (Source: EU, 2005).

Suggested Citation

  • Francis J. Greene & Kevin F. Mole & David J. Storey, 2008. "Regional Differences in England and the Case of Teesside," Palgrave Macmillan Books, in: Three Decades of Enterprise Culture, chapter 2, pages 15-50, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-28801-0_2
    DOI: 10.1057/9780230288010_2
    as

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