Regional development

Regional development refers to a broad category of policies aimed at reducing regional disparities within an economy or across economies by devoting resources to underdeveloped areas. Regional development can be national or international in nature. Therefore, the implications and scope of regional development may vary according to the definition of a region and how the region and its boundaries are perceived internally and externally.

In the past, regional development tended to center mostly on inward investment within national economies (OECD,2020). In recent decades, however, regional development has taken on an increasingly international character. For example, organizations such as the OECD, UN, and IMF have stepped up various forms of economic assistance to less developed regions.

By country

Canada

Finland

Malaysia

  • Central Terengganu Development Authority, or Lembaga Kemajuan Terengganu Tengah (KETENGAH) – official website
  • Kedah Regional Development Authority, or Lembaga Kemajuan Wilayah Kedah (KEDA) – official website
  • South East Johore Development Authority, or Lembaga Kemajuan Johor Tenggara (KEJORA) – official website
  • South Kelantan Development Authority, or Lembaga Kemajuan Kelantan Selatan (KESEDAR) – official website

Nigeria

United Kingdom

  • Regional Development has been an explicit concern of UK policy makers since at least the 1970s.[1]

United States

Proposed region - 1985 - Franklin County, Ohio


See also

Research projects

Regional Development organizations

References

  1. ^ Trevor Fisk and Ken Jones, Regional Development (Fabian Tract, no. 417, December 1972)
  2. ^ Development Models and Logics of Socio-Economic Organization in Space; European Commission
  3. ^ URSPIC: Urban Redevelopment and Social Polarisation in the City ; European Commission

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