Applying the principles of Optimal Control Theory to the problem of regional allocation of investment can be a useful tool for demonstrating how the trade-off between regional equity and overall efficiency can be overcome. This book poses the following questions: are spatial inequalities harmful for overall efficiency? How is the economist to assist the policy-maker in establishing generally applicable criteria or policies when the aims include equity as well as efficiency? Alexiadis analyses the 'equity versus efficiency' dilemma in the allocation of scarce resources, expressing the argument in mathematical terms; an issue of particular importance in development planning and programming. This is invaluable reading for final year and postgraduate students of regional, development and mathematical economics, as well as researchers, policy makers and all those working in regional development institutions.

This book evaluates approaches towards regional and local socio-economic development, identifying practical instruments and solutions for shaping the local economy. It will be of interest to economics, geography, politics, and planning scholars and researchers working on regional sciences and local development.

Introduction -- The fundamental tension -- Taming the hierarchy -- Forging the political terrain -- The developing world: two examples -- The use of power -- Conclusion

Regional policy is an essential in any government’s toolkit for promoting socioeconomic prosperity. It comes in many forms and can be used to target the development of weak and stronger regions. This textbook provides comprehensive and systematic coverage of regional policy, dealing with core theories and looking at contemporary challenges in practice, addressing regional policy across the world. Structured in four parts, the book opens with an exploration of regional policy’s characterisation, aims and rationale. The second part is devoted to issues of implementation and the instruments available to policymakers for intervention. The third part addresses regional policy evaluation, as well as statistics and modelling in policymaking. Finally, the book discusses how regional policy is applied in different contexts. Each chapter contains real-life examples of a regional policy topic in action and highlights supplementary topics for advanced readers. With its broad coverage of the subject, Regional Policy: Theory and Practice will prove a valuable resource for advanced students, researchers and practitioners in regional policy, regional economics, economic geography, planning and public policy.

From the unification of North and South Yemen, to the struggle for Mahgreb unity, and the experiences of the six-member Gulf Cooperation Council, this book presents a complex portrait of the history and prospects for Arab integration.

"Fran Stewart dives into the murky waters where education and economic goals meet to confront several key issues facing policymakers and educators, including the role of public investment in human capital, the types of human capital investment that provide the greatest public return, and whether those investments should vary by region. She shows that not all high-paying jobs require STEM skills; that not all good-paying, highly skilled STEM jobs require college degrees; and that "soft skills" are important for STEM as well as other high-paying jobs." --Amazon.