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Greg Clark, well known academic and international consultant, has written this helpful paper for leaders in Local and Regional Government.

 

The paper offers an overview of the current economic crisis and the impact of this global downturn on the local economies worldwide. Specifically, attention will focus on the crisis’ impact on local economies and the role of regional governments in reacting to and mitigating these consequences. This will be discussed both generally and with reference to cases from Europe and the rest of the world.

 

The role of local and regional governments in dealing with the economic crisis is directly related to governance at a national level and the dynamic interplay between these two scales of governance is considered. Notably there has been the downwards shift in responsibility from a national to a local level under central governments’ anti-crisis strategies as well as the emergence of proactive leadership at the local level. Accompanying such changes is an opportunity to utilise and update local economic development approaches. Moreover, local authorities are becoming significant players in restoring economic stability and development and have an opportunity to increase their influence and importance in the EU.

 

In order to address the aforementioned issues, the following points will be considered in sequence:

 

·         The Crisis;

·         Principles for Local and Regional Leaders;

· The impact of the global economic crisis on the nations and regions worldwide;

· Central governments’ anti-crisis strategies and a shift in responsibility; and

·         Tackling the crisis on the local level – case studies from around the world.

 

Stefan Raducanu

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Renseignement : FranceWeb, Téléphone: +33(0)1 39 65 50 34Recession and Recovery Paper by Greg Clark.doc