Local economies: Place-based approaches to policy implementation

Claire McGrath discusses the progress of economic development policies at the regional and local level in the UK, and how place-based approaches can lead to more equal, bottom-up development that builds social capital, as well as economic growth.

Place based approaches have the potential to revolutionise the way in which policy is delivered by achieving higher impact outcomes often at a lower budget. The importance of place in informing the way in which policy can be most effectively implemented has relevance throughout the diverse policy landscape, but perhaps is most relevant, and has the highest potential impact, in creating and sustaining economic development and building the capacity of civil society. Read More