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Regional Development, Federalism and Interregional Co-operation

In: Competitive European Peripheries

Author

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  • Riccardo Cappellin

    (University of Rome Tor Vergata)

Abstract

Wide regional disparities in the economically lagging regions of the European Union persist after several decades of regional policy. This clearly indicates the need to modify the traditional policy doctrine. According to the traditional doctrine, the scarcity of capital and qualified labour as well as barriers associated with economies of scale cause the bottlenecks to development. Modern approaches to regional development, such as the endogenous development approach and the network approach, suggest a different diagnosis. The most important obstacles to development are threefold: first, low entrepreneurship and innovation capabilities, secondly scarcity of a specific know-how and thirdly, the low internationalisation of less developed regional economies.

Suggested Citation

  • Riccardo Cappellin, 1995. "Regional Development, Federalism and Interregional Co-operation," Advances in Spatial Science, in: Heikki Eskelinen & Folke Snickars (ed.), Competitive European Peripheries, chapter 0, pages 41-57, Springer.
    • Handle: RePEc:spr:adspcp:978-3-642-79955-6_3
    DOI: 10.1007/978-3-642-79955-6_3
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