Policies for resilient local economies:
The COVID-19 pandemic has critically tested OECD economies, with major differences in economic repercussions at the subnational level. The pandemic can be characterised as a combination of shocks to local economies: (i) a recession, (ii) a supply-side shock mirroring a natural disaster, and (iii) th...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2022
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Schriftenreihe: | OECD Local Economic and Employment Development (LEED) Papers
no.2022/09 |
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | The COVID-19 pandemic has critically tested OECD economies, with major differences in economic repercussions at the subnational level. The pandemic can be characterised as a combination of shocks to local economies: (i) a recession, (ii) a supply-side shock mirroring a natural disaster, and (iii) the economic and workplace adjustments accelerated by pre-existing megatrends (e.g. automation, green transition). This paper reviews the empirical evidence for effective policies from across the OECD to strengthen local economic resilience through support for people, firms and places. There is a strong need for effective policies in times of recessions, natural disasters and long-term structural change. Policies that strengthen economic resilience strongly overlap with policies for local productivity growth and vice-versa. Moreover, some policies aiming to increase resilience through adding redundancy in production or infrastructure can serve productivity in the long-term. |
Beschreibung: | 1 Online-Ressource (47 p.) 21 x 28cm. |
DOI: | 10.1787/872d431b-en |
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spelling | Vermeulen, Wessel VerfasserIn aut Policies for resilient local economies Wessel, Vermeulen Paris OECD Publishing 2022 1 Online-Ressource (47 p.) 21 x 28cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Local Economic and Employment Development (LEED) Papers no.2022/09 The COVID-19 pandemic has critically tested OECD economies, with major differences in economic repercussions at the subnational level. The pandemic can be characterised as a combination of shocks to local economies: (i) a recession, (ii) a supply-side shock mirroring a natural disaster, and (iii) the economic and workplace adjustments accelerated by pre-existing megatrends (e.g. automation, green transition). This paper reviews the empirical evidence for effective policies from across the OECD to strengthen local economic resilience through support for people, firms and places. There is a strong need for effective policies in times of recessions, natural disasters and long-term structural change. Policies that strengthen economic resilience strongly overlap with policies for local productivity growth and vice-versa. Moreover, some policies aiming to increase resilience through adding redundancy in production or infrastructure can serve productivity in the long-term. Urban, Rural and Regional Development Industry and Services FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/872d431b-en Volltext |
spellingShingle | Vermeulen, Wessel Policies for resilient local economies Urban, Rural and Regional Development Industry and Services |
title | Policies for resilient local economies |
title_auth | Policies for resilient local economies |
title_exact_search | Policies for resilient local economies |
title_full | Policies for resilient local economies Wessel, Vermeulen |
title_fullStr | Policies for resilient local economies Wessel, Vermeulen |
title_full_unstemmed | Policies for resilient local economies Wessel, Vermeulen |
title_short | Policies for resilient local economies |
title_sort | policies for resilient local economies |
topic | Urban, Rural and Regional Development Industry and Services |
topic_facet | Urban, Rural and Regional Development Industry and Services |
url | https://doi.org/10.1787/872d431b-en |
work_keys_str_mv | AT vermeulenwessel policiesforresilientlocaleconomies |