Regional Disparities, Growth, and Inclusiveness.

We discuss regional disparities in economic performance and living standards. We first set out some key facts, and provide a conceptual framework to help analyze whether such disparities are efficient, or instead reflect market and/or policy failures. We examine whether policy attempts to reduce reg...

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Bibliografski detalji
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2021.
Serija:IMF Working Papers; Working Paper ; No. 2021/038
Online pristup:Full text available on IMF
Opis
Sažetak:We discuss regional disparities in economic performance and living standards. We first set out some key facts, and provide a conceptual framework to help analyze whether such disparities are efficient, or instead reflect market and/or policy failures. We examine whether policy attempts to reduce regional disparities necessarily involve a trade-off between equity and efficiency. We then investigate whether policymakers should focus on boosting the economic performance of lagging regions-or, conversely, accept the presence of regional disparities, and instead assist households in lagging regions through transfer payments, investments in education, health, and other basic services, and by facilitating out-migration.
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Opis:1 online resource (35 pages)
Format:Mode of access: Internet
ISSN:1018-5941
Pristup:Electronic access restricted to authorized BRAC University faculty, staff and students