Regional dimensions of the financial and economic crisis

Sara Davies, S. Kah, C. Woods

Research output: Book/ReportOther report

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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.
Original languageEnglish
PublisherEuropean Policies Research Centre, University of Strathclyde
Number of pages50
Edition70
ISBN (Print)1-871130-76-X
Publication statusPublished - 2010

Publication series

NameEuropean Policies Research Paper

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

  • financial crisis
  • world economy
  • regional economies

Cite this

Davies, S., Kah, S., & Woods, C. (2010). Regional dimensions of the financial and economic crisis. (70 ed.) (European Policies Research Paper). European Policies Research Centre, University of Strathclyde.
Davies, Sara ; Kah, S. ; Woods, C. / Regional dimensions of the financial and economic crisis. 70 ed. European Policies Research Centre, University of Strathclyde, 2010. 50 p. (European Policies Research Paper).
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Davies, S, Kah, S & Woods, C 2010, Regional dimensions of the financial and economic crisis. European Policies Research Paper, 70 edn, European Policies Research Centre, University of Strathclyde.

Regional dimensions of the financial and economic crisis. / Davies, Sara; Kah, S.; Woods, C.

70 ed. European Policies Research Centre, University of Strathclyde, 2010. 50 p. (European Policies Research Paper).

Research output: Book/ReportOther report

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AU - Woods, C.

PY - 2010

Y1 - 2010

N2 - 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.

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KW - financial crisis

KW - world economy

KW - regional economies

UR - http://www.eprc.strath.ac.uk/eprc/documents/PDF_files/EPRP_70_RegionalDimensionsoftheFinancialandEconomicCrisis.pdf

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SN - 1-871130-76-X

T3 - European Policies Research Paper

BT - Regional dimensions of the financial and economic crisis

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Davies S, Kah S, Woods C. Regional dimensions of the financial and economic crisis. 70 ed. European Policies Research Centre, University of Strathclyde, 2010. 50 p. (European Policies Research Paper).