Regional Success After Brexit : The Need for New Measures Paperback / softback
Part of the Brexit Studies Series series
Paperback / softback
The ebook edition of this title is Open Access, thanks to Knowledge UnlatchedÂ funding,Â and freely available to read online. The post-Brexit environment introduces notable challenges for regional policy; however, it also offers the opportunity to reassess regional needs and appropriate funding formulae.Â Â Regional Success After Brexit: The Need for New Measures examines the metrics currently used to evaluate regional performance within the UK and, in the wake of Brexit, suggests better alternatives.
Alongside an in-depth critique of GVA/capita, the book challenges current thinking based on nominal productivity differences and advocates measures based on real incomes, real living standards and real labour productivity. Â The book is an illuminating read for academics, researchers and policy-makers working within regional economics as it exposes the need to replace European regional funding with a new formula that takes regional prices into account and redistributes authority over the UK's revenue and spending to the regions.Â