This Centre for Cities briefing argues that:

  • Different parts of the economy – city centres, suburbs, hinterlands and rural areas – offer different things to business. And this influences the type of businesses they attract and grow.
  • Cities inherently offer businesses a greater number of benefits because of a process known as agglomeration. But some cities do this much more successfully than others, meaning a very different approach is required in different places.
  • This means that a successful industrial policy needs to do two things if it is to improve standards of living across the country – help improve the benefits that a city should offer in struggling cities, and deal with the costs of growth (e.g. congestion, expensive housing) in successful cities

Centre for Cities Why-dont-we-see-growth-up-and-down-the-country

 

The opinions presented here are the author's own and do not necessarily represent the views of the Regional Studies Association