The regional development trap in Europe

Diemer, Andreas ORCID: 0000-0002-5193-7739, Iammarino, Simona ORCID: 0000-0001-9450-1700, Rodríguez-Pose, Andrés ORCID: 0000-0002-8041-0856 and Storper, Michael ORCID: 0000-0002-8354-792X (2022) The regional development trap in Europe. Economic Geography, 98 (5). pp. 487-509. ISSN 0013-0095

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Abstract

The concept of regional development trap refers to regions that face significant structural challenges in retrieving past dynamism or improving prosperity for their residents. This article introduces and measures the concept of the regional development trap for regions in Europe. The concept draws inspiration from the middle-income trap in international development theory but widens it to shed light on traps in higher-income countries and at the regional scale. We propose indicators—involving the economic, productivity, and employment performance of regions relative to themselves in the immediate past, and to other regions in their respective countries and elsewhere in Europe—to identify regions either in a development trap or at significant near-term risk of falling into it. Regions facing development traps generate economic, social, and political risks at the national scale but also for Europe as a whole.

Item Type:	Article
Official URL:	https://onlinelibrary.wiley.com/journal/19448287
Additional Information:	© 2022 The Authors
Divisions:	Geography & Environment
Subjects:	H Social Sciences > HB Economic Theory H Social Sciences > HT Communities. Classes. Races J Political Science > JN Political institutions (Europe) J Political Science > JC Political theory
Date Deposited:	19 May 2022 10:03
Last Modified:	12 Dec 2024 03:01
URI:	http://eprints.lse.ac.uk/id/eprint/115149

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