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| Title: | FROM GLOBAL COMPETITION TO REGIONAL GOVERNANCE; NEW PARADIGMS FOR REGIONAL POLICY IN THE 1990S |
| Authors: | Maki, Wilbur R. |
| Issue Date: | 1994 |
| Series/Report no.: | Staff Paper P94-21 |
| Abstract: | The purpose of this paper is to present some elements of one or more paradigms for assessing a region's economic growth prospects and related infrastructure requirements. These concerns are central to a regional policy that offers guidance for individual decision makers of local governments and their resident populations. A paradigm for regional policy is a model of regional structure and activity that provides a basis for understanding and foresight about regional growth and change. It is a framework for well-targeted infrastructure investments, vigorous and sustained capacity-building, and continuing efforts in intra-regional cooperation.
Critical infrastructure for globally-competitive business enterprise includes air transportation and the accompanying distribution system that brings together all transportation modes to provide access to regional and global markets.
Capacity-building refers to the successful application and integration of the means of control and foresight - good management coupled with realistic anticipation about the future - in both private and public management.
Intra-regional cooperation starts with the public agencies engaged in infrastructure planning.
We focus on implications of a new paradigm for regional policy on investment in growth-influencing resources and facilities, and their location. We relate these decision variables to the recurring themes that apply to any region with high hopes of sustainability. |
| URI: | http://purl.umn.edu/14285 |
| Institution/Association: | University of Minnesota>Department of Applied Economics>Staff Papers |
| Total Pages: | 23 |
| Language: | English |
| Collections: | Staff Papers
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