Regional dimensions of the financial and economic crisis

S.S. Davies, Stefan Kah, C. Woods, EoRPA European Regional Policy Research Consortium (Funder)

Research output: Contribution to journalArticle

Abstract

Although all European regions have been affected by the financial crisis and recession, the most severe difficulties have been seen where there were existing vulnerabilities, due to structural economic weaknesses or sectoral specialisation. The crisis has raised questions about the functioning of the financial and economic system, but has also demonstrated the importance of the role of government and of coordinated international action. The responses of European governments illustrate the varied ways in which the regional dimensions of economic difficulty can be addressed, either through active regional policy, or through other policies that explicitly target all or selected regions, or through the indirect regional effects of sectoral or thematic policies. There remains uncertainty over the path of recovery and over the strategies that governments will need to pursue in order to facilitate a return to sustained growth and employment creation.
LanguageEnglish
Pages1113-1163
Number of pages50
JournalRivista Giuridica del Mezzogiorno
Publication statusPublished - 2009

Fingerprint

Financial crisis
Economics
Government
Economic crisis
Vulnerability
European regions
Recession
Sustained growth
Financial system
Regional policy
Role of government
Regional effects
Economic systems
Functioning
Uncertainty

Keywords

  • economic crisis
  • financial crisis
  • regional development
  • regional policy
  • europe

Cite this

Davies, S. S., Kah, S., Woods, C., & EoRPA European Regional Policy Research Consortium (Funder) (2009). Regional dimensions of the financial and economic crisis. Rivista Giuridica del Mezzogiorno, 1113-1163.
Davies, S.S. ; Kah, Stefan ; Woods, C. ; EoRPA European Regional Policy Research Consortium (Funder). / Regional dimensions of the financial and economic crisis. In: Rivista Giuridica del Mezzogiorno. 2009 ; pp. 1113-1163.
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Davies, SS, Kah, S, Woods, C & EoRPA European Regional Policy Research Consortium (Funder) 2009, 'Regional dimensions of the financial and economic crisis' Rivista Giuridica del Mezzogiorno, pp. 1113-1163.

Regional dimensions of the financial and economic crisis. / Davies, S.S.; Kah, Stefan; Woods, C.; EoRPA European Regional Policy Research Consortium (Funder).

In: Rivista Giuridica del Mezzogiorno, 2009, p. 1113-1163.

Research output: Contribution to journalArticle

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Davies SS, Kah S, Woods C, EoRPA European Regional Policy Research Consortium (Funder). Regional dimensions of the financial and economic crisis. Rivista Giuridica del Mezzogiorno. 2009;1113-1163.