Reducing regional disparities in productivity in the United Kingdom:
The United Kingdom displays large regional disparities in productivity compared to most other OECD countries, with a large gap between London and most other regions. This holds back aggregate productivity and growth, and contributes to regional differences in living standards. To make the lagging re...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2018
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Schriftenreihe: | OECD Economics Department Working Papers
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Schlagworte: | |
Online-Zugang: | UBA01 UBG01 UEI01 UER01 UPA01 UBR01 UBW01 FFW01 FNU01 EUV01 FRO01 FHR01 FHN01 TUM01 FHI01 UBM01 Volltext |
Zusammenfassung: | The United Kingdom displays large regional disparities in productivity compared to most other OECD countries, with a large gap between London and most other regions. This holds back aggregate productivity and growth, and contributes to regional differences in living standards. To make the lagging regions more attractive to companies and workers, transport links between and within cities should be improved by increasing infrastructure investment outside London. Another policy priority is to improve the local business environment through more spending on innovation and increased support for investment and skills. Also, local authorities should have more freedom in setting education and training goals and the land-use planning system has to be more responsive to meet housing needs in cities. The role of subnational government is sub-par relative to the OECD average, but more devolution has recently been introduced in several city-regions. Such efforts towards more decentralization need to continue to cover larger parts of the country and involve greater transfers of powers and responsibilities at the local level |
Beschreibung: | 1 Online-Ressource (41 Seiten) |
DOI: | 10.1787/54293958-en |
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spelling | Gal, Peter Verfasser aut Reducing regional disparities in productivity in the United Kingdom Peter Gal and Jagoda Egeland Paris OECD Publishing 2018 1 Online-Ressource (41 Seiten) txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers The United Kingdom displays large regional disparities in productivity compared to most other OECD countries, with a large gap between London and most other regions. This holds back aggregate productivity and growth, and contributes to regional differences in living standards. To make the lagging regions more attractive to companies and workers, transport links between and within cities should be improved by increasing infrastructure investment outside London. Another policy priority is to improve the local business environment through more spending on innovation and increased support for investment and skills. Also, local authorities should have more freedom in setting education and training goals and the land-use planning system has to be more responsive to meet housing needs in cities. The role of subnational government is sub-par relative to the OECD average, but more devolution has recently been introduced in several city-regions. Such efforts towards more decentralization need to continue to cover larger parts of the country and involve greater transfers of powers and responsibilities at the local level Economics United Kingdom Egeland, Jagoda ctb https://doi.org/10.1787/54293958-en Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Gal, Peter Reducing regional disparities in productivity in the United Kingdom Economics United Kingdom |
title | Reducing regional disparities in productivity in the United Kingdom |
title_auth | Reducing regional disparities in productivity in the United Kingdom |
title_exact_search | Reducing regional disparities in productivity in the United Kingdom |
title_exact_search_txtP | Reducing regional disparities in productivity in the United Kingdom |
title_full | Reducing regional disparities in productivity in the United Kingdom Peter Gal and Jagoda Egeland |
title_fullStr | Reducing regional disparities in productivity in the United Kingdom Peter Gal and Jagoda Egeland |
title_full_unstemmed | Reducing regional disparities in productivity in the United Kingdom Peter Gal and Jagoda Egeland |
title_short | Reducing regional disparities in productivity in the United Kingdom |
title_sort | reducing regional disparities in productivity in the united kingdom |
topic | Economics United Kingdom |
topic_facet | Economics United Kingdom |
url | https://doi.org/10.1787/54293958-en |
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