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9781032410760

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The new frontier for regional policy makers is to understand how the recent reshaping of trade, investment flows and GVCs through pandemic and conflict will affect regional innovation capabilities. This important new book brings together key insights from the most recent research to provide tools to understand these changes. It should be essential reading for anyone interested in developing regional policies to manage the green transition and disruptive technological change in a rapidly changing world. - Peter Berkowitz, Director - Policy, Directorate General for Regional and Urban Policy, European Commission Often national policies neglect existing country interdependencies through trade and globalization. This book shows how subnational policies can go beyond insights from country by country analyses that assume that each economy is isolated from the others and that markets of products and factors are isolated from one another. It shows that once we factor in the degree of integration among countries through trade and production networks new opportunities can be identified for driving up local competitiveness and value addition using trade and FDI. It is a timely new book shares how reforms and policy change can harness GVCs, blending academic evidence with practitioner lessons. Changing the paradigm of subnational policies is a core message in this book. The policy recipes in this book can inform readers how to act upon GVC's potential-boosting growth, creating better jobs and reducing poverty. - Daria Taglioni, Research Manager, Trade and International Integration, Development Research Group, The World Bank.

"""The new frontier for regional policy makers is to understand how the recent reshaping of trade, investment flows and GVCs through pandemic and conflict will affect regional innovation capabilities. This important new book brings together key insights from the most recent research to provide tools to understand these changes. It should be essential reading for anyone interested in developing regional policies to manage the green transition and disruptive technological change in a rapidly changing world."" — Peter Berkowitz, Director - Policy, Directorate General for Regional and Urban Policy, European Commission ""Often national policies neglect existing country interdependencies through trade and globalization. This book shows how subnational policies can go beyond insights from country by country analyses that assume that each economy is isolated from the others and that markets of products and factors are isolated from one another. It shows that once we factor in the degree of integration among countries through trade and production networks new opportunities can be identified for driving up local competitiveness and value addition using trade and FDI. It is a timely new book shares how reforms and policy change can harness GVCs, blending academic evidence with practitioner lessons. Changing the paradigm of subnational policies is a core message in this book. The policy recipes in this book can inform readers how to act upon GVC’s potential—boosting growth, creating better jobs and reducing poverty."" — Daria Taglioni, Research Manager, Trade and International Integration, Development Research Group, The World Bank."

Author Information

Riccardo Crescenzi is a Professor of Economic Geography at the London School of Economics and Political Science (LSE), UK. Oliver Harman is a Cities Economist for the International Growth Centre’s (IGC) Cities that Work initiative based at the Blavatnik School of Government, University of Oxford, UK, and Associate Staff at the London School of Economics and Political Science (LSE), UK.

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