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Regional Development

Lessons for Latvia?




                       Greg Clark June 2012   1
Regional Development
Functional       geography

Administrative   system

Development      model



                             21
Regional Development Tools
i.      National Regional Dev Systems          Poland / New Zealand
ii.     Regional business/investment climate   Switzerland
iii.    Regional Strategic Planning            Turin/Bilbao /Basel
iv.     Regional Development Agencies          Finland
v.      Regional Development Systems           Bizkaya / South Africa
vi.     Regional Financial Institutions        FinPiemonte
vii.    Regional Marketing Alliances           GWI
viii.   Regional Enterprise                    Scottish Enterprise
ix.     Regional Innovation Systems            South Ontario
x.      Regional University Networks           Emilia Romagna
xi.     Regional Investment Incentives         Western Canada
xii.    Regional Business Clusters             New Zealand
xiii.   Regional Business Leadership           Seattle Trade Alliance
xiv.    Inter regional co-operation            Oresund region
4
A Re-Balanced World With No More Core and Periphery




                                                      5
The new mobility.....not just tourism
                                     Visitors




                    Research                     Firms




         Innovators               Increasing               Events &
        Entrepreneurs                                      Festivals
                                    Mobility




                   Institutions                 Students




                                    Investors
                                                                       6
Human and Urban Development and Ecological Footprint by Country




                                                                  7
HUMAN DEVELOPMENT AND ECOLOGICAL
      FOOTPRINT BY COUNTRY




                                    WELL-
                                   DESIGNED

                               CITIE
                                 S            8
Integrated Framework For City/Region Development

                                         Global economy and
                                          Macro-economic
                                             framework

          Markets
                                                                                         Feedback effects
                                    Development and growth


                          Productivity             Use of               Population
                                                 resources



           Innovation      Industrial       Business          Human            Environ    Connectivity
Drivers    & creativity    structure     ownership & mgt      capital           mgt



    Business         Educational           Land and         Social/ cultural      Ecological     Governance
  environment       and research            physical       infrastructure &         base          structure
  & investment          base             infrastructure      quality of life
                                                                                                              9

                                              Pre-conditions
Traditional Regional Policies        New Regional Policies
              ‘Regional Planning’                  ‘Territorial Development’
              1950s to 1990s                       1980s to present



Objectives    Balance national economies by        Increase regional development
              compensating for disparities         performance

Strategies    Sectoral approach                    Integrated development programmes and
                                                   projects

Geog. focus   Political regions                    Metro regions and eco regions

Target        Lagging regions                      All regions - Metropolitan regions

Context       National economy                     International    economy        and    local
                                                   economies

Tools         Subsidies, incentives, state aids,   Assets, drivers of growth, soft and hard
              and regulations                      infrastructures, collaboration incentives,
                                                   development agencies, co-operative
                                                   governance, financial intermediation

Actors        National     governments       and Multiple levels of governments, private
              sometimes regional governments     and civic actors. Implementation agencies.
                                                                                      10
                                                 Collaborative governance
Requirements of the two models
Traditional                New
  Political Orientation      Market Orientation

  Development within         Linkages between
  regions                    regions

  Departmental approach:     Inter-Governmental
  capable National Gov       appraoches, whole of
                             Gov approach
  Technical skills and       Capable local/regional
  administration             governance
                                                      11
12
13
14
15
16
17
A basic typology
1. Regional admin/gov with City-Regions.
   Germany, Italy, France, Spain.

2. Regional admin/gov without City-Regions.
   Poland, Netherlands, Portugal, Korea.

3. Strong Federal States, encouraging City-Regions
   without Regional Gov or nation wide policy.
   USA, Canada, Australia.

4. National-Local only; limited regions, no city-regions.
   Ireland, Greece,
19
The ‘Northern Way’




                     20
Integrated Framework For City/Region Development

                                         Global economy and
                                          Macro-economic
                                             framework

          Markets
                                                                                         Feedback effects
                                    Development and growth


                          Productivity             Use of               Population
                                                 resources



           Innovation      Industrial       Business          Human            Environ    Connectivity
Drivers    & creativity    structure     ownership & mgt      capital           mgt



    Business         Educational           Land and         Social/ cultural      Ecological     Governance
  environment       and research            physical       infrastructure &         base          structure
  & investment          base             infrastructure      quality of life
                                                                                                          21

                                              Pre-conditions
Regional Development Leadership
 1.   National Gov Co-ordination and Innovation
    eg Inter-ministerial commitment and discipline
    eg Integrating National and EU Efforts
  2. Regional level
    Strategy development
    Alliance building
    Inter-regional system
  3. Local level
    Collaboration with neighbours
    Prioritisation
    Business and Investment friendliness
National Leadership
1. The biggest challenge in regional development is internal government co-
   ordination and alignment.
         Cabinet Committees?
         Super Ministries?
         Shared targets?

2. 2nd challenge: how to deliver a co-ordinated effort.
         regional co-ordination offices
         joint programmes
         joint strategies

3. The 3rd biggest challenge is integrating national and EU approaches.
         Different competences.      Gaps.
         How to avoid being led by the money?
National Gov Ministries must become active partners.                          231
Roles of Local Government

    Four roles of local government:

   1. Representation.
   2. Services.
   3. Regulation.
   4. Development and Investment.



   This 4th role is different......
           .....requires additional expertise, and new
           structures and arrangements
Local and Regional
What is really regional and local?
Capable local government, with enough
  scale and incentive to encourage
  development.
4th role of Local needs special
  arrangements.
Enough Regional Governance with
  competence and authority to lead and co-
  ordinate and achieve scale                 251
How should national governments organise to
support the regional development role of local
government?

 Imperatives...

 • Delivery national and sectoral policies in a co-ordinated
   manner..... Beware unintended consequences
 • Support convening city networks
 • Invest in data and evidence that reveal constraints and
   opportunities
 • Deliver intercity and international transport infrastructures
   and connectivity
 • Provide encouragement for metropolitan areas to be
   recognised as the predominant organising boundary unit for
   local economies
 • Foster complementary strategies that avoid competition
   between cities but increase competitiveness in international
Building the regional development system


   i) Rowing             ii) Steering




   iii) Cheering         iv) Coaching




                                        27
Regional Development Tools
i.      National Regional Dev Systems          Poland / New Zealand
ii.     Regional business/investment climate   Switzerland
iii.    Regional Strategic Planning            Turin/Bilbao /Basel
iv.     Regional Development Agencies          Finland
v.      Regional Development Systems           Bizkaya / South Africa
vi.     Regional Financial Institutions        FinPiemonte
vii.    Regional Marketing Alliances           GWI
viii.   Regional Enterprise                    Scottish Enterprise
ix.     Regional Innovation Systems            South Ontario
x.      Regional University Networks           Emilia Romagna
xi.     Regional Investment Incentives         Western Canada
xii.    Regional Business Clusters             New Zealand
xiii.   Regional Business Leadership           Seattle Trade Alliance
xiv.    Inter regional co-operation            Oresund region
1.   National Regional Development Systems

Poland        Local and regional self government
              Clear national co-ordination
              Money serves strategy
New Zealand
              Sector and spatial strategies
              Co-ordinating ministry
              Eco Dev and Infrastructure
              Regional Offices of Government



                                                   291
2.   Business and Investment Climate




Customer orientation
                                       301

Reform
3.      Regional Strategic Planning



     Definition:
     “Regional/spatial planning gives geographical expression to the economic,
     social, cultural and ecological policies of society.”
                                (European Regional / Spatial Planning Charter)


     “It is at the same time a scientific discipline, an administrative technique
     and a policy developed as an interdisciplinary and comprehensive
     approach directed towards a balanced regional development and the
     physical organisation of space according to an overall strategy."
                                (European Regional / Spatial Planning Charter)
3.   Origins of Strategic Planning

• Spanish Cities after Franco
• Australian Cities catching up with sprawl.
• EU cities in the context of EU enlargement
• Chinese cities coping with rapid urbanisation
  and metropolitanisation.
• Japanese cities confronting climate change.

Tackling Crisis and Challenge is often the
  beginning.
                                                  32
3.   Core features of Strategic Planning
Shape the future or be shaped by it!

i.      Shaping future growth management. Clear framework for market
        development and public investment. Understand the returns to
        the city and citizens form development.
ii.     Integrated Efforts, mixture of tools, cross cutting issues.
iii.    Guiding other strategies and frameworks.
iv.     Based on Vision, foresight, and evidence.
v.      Incentivising external investment. Combines internal and
        external rates of returns. Overcomes apparent tensions.
vi.     Setting standards and measurable targets.
vii.    Agreement between tiers of Government, providing decisive
        outcome. Conformity. Joint Prospectus. Agreement.
viii.   Consultation with stakeholders.
ix.     Implementation arrangements.
x.      Locate roles of different bodies.
3.          Turin metropolitan strategic plan


   City centre strategy         Strategic themes of strategy                      Specific initiatives                Strategy management


                                                                          Special Communication Project, „Luci
                          Urban renewal – rejuvenation of the city‟s      d'Artista‟, Film Commission Torino
                                                                                                                 City of Turin, Piedmont Region,
Phase 1                   public realm and accommodation with a           Piemonte, Invest in Turin and
                                                                                                                 Torino Internazionale (Agency for
(1993-1997)               focus on the city centre area and adjacent      Piedmont Agency, 1st Strategic Plan,
                                                                                                                 Strategic Plan)
                          areas.                                          Torino Convention Bureau, Atrium
                                                                          project, Winter Olympics.

                                                                                                                 City of Turin, Piedmont Region,
                                                                          Hosting of culturally significant
                                                                                                                 Torino Internazionale (Agency for
                                                                          events such as: Torino World Design
                          Internationalising the city and consolidating                                          Strategic Plan), former Banking
                                                                          Capital and XXIII World Congress of
Phase 2                   and projecting the city‟s new image and                                                Foundations, University system,
                                                                          Architecture (2008); Euroscience
(1998-2007)               identity to the world. A focus on the city                                             Italia 150 (committee for the
                                                                          Open Forum (2010); Italia 150 (2011,
                          centre but not specific to it.                                                         organization    of    the   2011
                                                                          celebrations of the Unification of
                                                                                                                 celebrations). The Urban Centre
                                                                          Italy 150th anniversary)
                                                                                                                 Metropolitano.

                                                                          Special Communication Project, „Luci
                                                                          d'Artista‟, Film Commission Torino
                                                                                                                 City of Turin, Piedmont Region,
Phase 3                                                                   Piemonte, Invest in Turin and
                          Turin as a „knowledge hub‟                                                             Torino Internazionale (Agency for
(2008-2011)                                                               Piedmont Agency, 1st Strategic Plan,
                                                                                                                 Strategic Plan)
                                                                          Torino Convention Bureau, Atrium
                                                                          project, Winter Olympics.
4.       Regional Development Agencies

                Urban          Productivity
                                                 Integrated                         Visioning and
           Development and    and Economic                      Internationalisat
Typology                                          Economic                           Partnership
            Revitalisation        Growth                          -ion Agencies
                                                  Agencies                            Agencies
               Agencies          Agencies
                               “Employment        “Place and       “Place and
                                                                                    “Place -shapers
Purpose     “Place drivers”   and productivity   productivity     productivity
                                                                                     and visioners”
                                  drivers”         leaders”       promoters”




Example
Agency
4. Value added of Development Agencies

 i.    Aggregate otherwise disparate economic development efforts
       within one body that can generate real expertise and track record
       of delivery.

 ii.   Increase the pace of the local response to investors/developers.

 iii. Enlarge the scale of the implementation that is possible, often by
      enabling delivery on multiple programmes and projects and
      simultaneously by commissioning additional resources quickly.

 iv. Enhance the reputation and credibility of local „negotiators,‟
     giving an external investor confidence in the process of decision
     taking.

 v.    Find appropriate means to share costs and risks between those
       promoting developments and investments.

 vi. Develop mechanisms for value and benefit capture, enabling some
     of the fruits of economic development to be recycled within city
     budgets and programmes.
4. Finland RDAs
                  Finnish RDAs

                  Clear national approach

                  Local Government and Business

                  Universities

                  Innovation and Business orientated

                  Advocacy in business climate and
                  infrastructure

                  RDAs with no regional government.



                                                     371
5.   Bizkaya: Regional Development System
6.        Development Banks and Financial Institutions

i.     Many regional development imperatives are neither wholly market
       fundable, nor justifying permanent subsidy.

ii.    They can be seen as ‘niches’ where the use of mixed public/private,
       cash/equity, short-term/long- term financing is involved.

iii.   To make this work ‘capable intermediaries’ are needed, special purpose
       financial institutions.

iv.    Development Banks can build these niches, utilise their balance sheet to
       manage risks and spread innovation, and leverage external investment.




                                                                                391
401
6.     Building a regional development financial
       system.
i.    National Development Bank.
ii.   Evolution of local and regional development finance system to be
      a key focus.
iii. Inter-ministerial co-ordination: national and at regional level.
iv. EU Structural Fund programme simplification.
v. Regional level finance, budgets, and programming.
vi. PPPs and Project Bonds
vii. Municipal finance.
viii. Inter-municipal collaboration
ix. Bankers co-ordination
x. Finance skills


                                                                    41
7.         The challenge for regional branding



           Brand

             Activation

                 Experience
7/4/2012                 2011 Greg Clark        42
7.         Regional marketing
Examples: Washington, Basel, Miami/South Florida,
Oresund, Puget Sound
Greater Washington Initiative: strong example of an economic development promotion
coalition. Free one-stop business consultancy that performs key market analysis as a
promotional tool. Provides advocacy in improving the quality of the region’s infrastructure
Metro Basel: cross-border think-tank since 2008; shows the critical importance of civic and
business involvement to complement the political engagement of usual government
channels; has its own comic strip, highlighting regional strengths and weaknesses.




Southern Florida; three regional counties have worked towards developing a shared
regional branding initiative; marketing brochures and DVDs promote area’s science and
technology credentials to mostly North American audience
Vancouver/Seattle – Puget Sound region - dramatically improved coordination efforts
thanks to 300 organisation public-private coalition dedicated to developing a common long-
term economic strategy.
Oresund – branding strategy since 1990s, backed by public transport infrastructure
investment. Government and business representatives co-operate in art, culture and
tourism sectors.
8. Regional Enterprise




                         441
9. Regional Innovation




                         451
10. Regional Universities




                            461
11. Regional Incentives
Tax system         Costs

Momentum

Cluster building

EU rules

                           471
48
12. Regional Clusters




                        491
13.   Regional Business Leadership


      Negotiate                               Bus                   Int best   Pay for
                  Attract &          Reg            Comms                                  X Party     Wider
      Advocate                Ent            know             CSR    practic   activitie
                  retention         collab          & media                                collab     particip
      with Gov                               how                        e         s

                           
                                                                                       

                              
                                                                                

                                 
                                                                                       
                                    

                                                           
                                                                                        
                                                              


                              
                                                                                       


                              
                                                                                         
                                                                                                     50
                              
                                                                                         
14.      Intercity networking and communication
         Intercity Networks

e.g. South African Cities Network, South Africa (est. 2002)
Mayors of SA‟s 9 largest cities, National Government Departments, NGOs,
the Private Sector and Universities.
“Review of the 2006-2011 Strategic Plan of the SACN” (2009)
• In 2006/7, City Development Strategies for all large cities.
• 6 knowledge exchange and networking events.


“Done well in keeping cities informed on
emerging urban trends and policy but its
impact on action within cities is not tangible”


“Should begin to consider performing a
lobbying and advocacy role on behalf of cities”

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Latvia 1 greg clark june 2012

  • 1. Regional Development Lessons for Latvia? Greg Clark June 2012 1
  • 2. Regional Development Functional geography Administrative system Development model 21
  • 3. Regional Development Tools i. National Regional Dev Systems Poland / New Zealand ii. Regional business/investment climate Switzerland iii. Regional Strategic Planning Turin/Bilbao /Basel iv. Regional Development Agencies Finland v. Regional Development Systems Bizkaya / South Africa vi. Regional Financial Institutions FinPiemonte vii. Regional Marketing Alliances GWI viii. Regional Enterprise Scottish Enterprise ix. Regional Innovation Systems South Ontario x. Regional University Networks Emilia Romagna xi. Regional Investment Incentives Western Canada xii. Regional Business Clusters New Zealand xiii. Regional Business Leadership Seattle Trade Alliance xiv. Inter regional co-operation Oresund region
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  • 5. A Re-Balanced World With No More Core and Periphery 5
  • 6. The new mobility.....not just tourism Visitors Research Firms Innovators Increasing Events & Entrepreneurs Festivals Mobility Institutions Students Investors 6
  • 7. Human and Urban Development and Ecological Footprint by Country 7
  • 8. HUMAN DEVELOPMENT AND ECOLOGICAL FOOTPRINT BY COUNTRY WELL- DESIGNED CITIE S 8
  • 9. Integrated Framework For City/Region Development Global economy and Macro-economic framework Markets Feedback effects Development and growth Productivity Use of Population resources Innovation Industrial Business Human Environ Connectivity Drivers & creativity structure ownership & mgt capital mgt Business Educational Land and Social/ cultural Ecological Governance environment and research physical infrastructure & base structure & investment base infrastructure quality of life 9 Pre-conditions
  • 10. Traditional Regional Policies New Regional Policies ‘Regional Planning’ ‘Territorial Development’ 1950s to 1990s 1980s to present Objectives Balance national economies by Increase regional development compensating for disparities performance Strategies Sectoral approach Integrated development programmes and projects Geog. focus Political regions Metro regions and eco regions Target Lagging regions All regions - Metropolitan regions Context National economy International economy and local economies Tools Subsidies, incentives, state aids, Assets, drivers of growth, soft and hard and regulations infrastructures, collaboration incentives, development agencies, co-operative governance, financial intermediation Actors National governments and Multiple levels of governments, private sometimes regional governments and civic actors. Implementation agencies. 10 Collaborative governance
  • 11. Requirements of the two models Traditional New Political Orientation Market Orientation Development within Linkages between regions regions Departmental approach: Inter-Governmental capable National Gov appraoches, whole of Gov approach Technical skills and Capable local/regional administration governance 11
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  • 18. A basic typology 1. Regional admin/gov with City-Regions. Germany, Italy, France, Spain. 2. Regional admin/gov without City-Regions. Poland, Netherlands, Portugal, Korea. 3. Strong Federal States, encouraging City-Regions without Regional Gov or nation wide policy. USA, Canada, Australia. 4. National-Local only; limited regions, no city-regions. Ireland, Greece,
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  • 21. Integrated Framework For City/Region Development Global economy and Macro-economic framework Markets Feedback effects Development and growth Productivity Use of Population resources Innovation Industrial Business Human Environ Connectivity Drivers & creativity structure ownership & mgt capital mgt Business Educational Land and Social/ cultural Ecological Governance environment and research physical infrastructure & base structure & investment base infrastructure quality of life 21 Pre-conditions
  • 22. Regional Development Leadership 1. National Gov Co-ordination and Innovation eg Inter-ministerial commitment and discipline eg Integrating National and EU Efforts 2. Regional level Strategy development Alliance building Inter-regional system 3. Local level Collaboration with neighbours Prioritisation Business and Investment friendliness
  • 23. National Leadership 1. The biggest challenge in regional development is internal government co- ordination and alignment. Cabinet Committees? Super Ministries? Shared targets? 2. 2nd challenge: how to deliver a co-ordinated effort. regional co-ordination offices joint programmes joint strategies 3. The 3rd biggest challenge is integrating national and EU approaches. Different competences. Gaps. How to avoid being led by the money? National Gov Ministries must become active partners. 231
  • 24. Roles of Local Government Four roles of local government: 1. Representation. 2. Services. 3. Regulation. 4. Development and Investment. This 4th role is different...... .....requires additional expertise, and new structures and arrangements
  • 25. Local and Regional What is really regional and local? Capable local government, with enough scale and incentive to encourage development. 4th role of Local needs special arrangements. Enough Regional Governance with competence and authority to lead and co- ordinate and achieve scale 251
  • 26. How should national governments organise to support the regional development role of local government? Imperatives... • Delivery national and sectoral policies in a co-ordinated manner..... Beware unintended consequences • Support convening city networks • Invest in data and evidence that reveal constraints and opportunities • Deliver intercity and international transport infrastructures and connectivity • Provide encouragement for metropolitan areas to be recognised as the predominant organising boundary unit for local economies • Foster complementary strategies that avoid competition between cities but increase competitiveness in international
  • 27. Building the regional development system i) Rowing ii) Steering iii) Cheering iv) Coaching 27
  • 28. Regional Development Tools i. National Regional Dev Systems Poland / New Zealand ii. Regional business/investment climate Switzerland iii. Regional Strategic Planning Turin/Bilbao /Basel iv. Regional Development Agencies Finland v. Regional Development Systems Bizkaya / South Africa vi. Regional Financial Institutions FinPiemonte vii. Regional Marketing Alliances GWI viii. Regional Enterprise Scottish Enterprise ix. Regional Innovation Systems South Ontario x. Regional University Networks Emilia Romagna xi. Regional Investment Incentives Western Canada xii. Regional Business Clusters New Zealand xiii. Regional Business Leadership Seattle Trade Alliance xiv. Inter regional co-operation Oresund region
  • 29. 1. National Regional Development Systems Poland Local and regional self government Clear national co-ordination Money serves strategy New Zealand Sector and spatial strategies Co-ordinating ministry Eco Dev and Infrastructure Regional Offices of Government 291
  • 30. 2. Business and Investment Climate Customer orientation 301 Reform
  • 31. 3. Regional Strategic Planning Definition: “Regional/spatial planning gives geographical expression to the economic, social, cultural and ecological policies of society.” (European Regional / Spatial Planning Charter) “It is at the same time a scientific discipline, an administrative technique and a policy developed as an interdisciplinary and comprehensive approach directed towards a balanced regional development and the physical organisation of space according to an overall strategy." (European Regional / Spatial Planning Charter)
  • 32. 3. Origins of Strategic Planning • Spanish Cities after Franco • Australian Cities catching up with sprawl. • EU cities in the context of EU enlargement • Chinese cities coping with rapid urbanisation and metropolitanisation. • Japanese cities confronting climate change. Tackling Crisis and Challenge is often the beginning. 32
  • 33. 3. Core features of Strategic Planning Shape the future or be shaped by it! i. Shaping future growth management. Clear framework for market development and public investment. Understand the returns to the city and citizens form development. ii. Integrated Efforts, mixture of tools, cross cutting issues. iii. Guiding other strategies and frameworks. iv. Based on Vision, foresight, and evidence. v. Incentivising external investment. Combines internal and external rates of returns. Overcomes apparent tensions. vi. Setting standards and measurable targets. vii. Agreement between tiers of Government, providing decisive outcome. Conformity. Joint Prospectus. Agreement. viii. Consultation with stakeholders. ix. Implementation arrangements. x. Locate roles of different bodies.
  • 34. 3. Turin metropolitan strategic plan City centre strategy Strategic themes of strategy Specific initiatives Strategy management Special Communication Project, „Luci Urban renewal – rejuvenation of the city‟s d'Artista‟, Film Commission Torino City of Turin, Piedmont Region, Phase 1 public realm and accommodation with a Piemonte, Invest in Turin and Torino Internazionale (Agency for (1993-1997) focus on the city centre area and adjacent Piedmont Agency, 1st Strategic Plan, Strategic Plan) areas. Torino Convention Bureau, Atrium project, Winter Olympics. City of Turin, Piedmont Region, Hosting of culturally significant Torino Internazionale (Agency for events such as: Torino World Design Internationalising the city and consolidating Strategic Plan), former Banking Capital and XXIII World Congress of Phase 2 and projecting the city‟s new image and Foundations, University system, Architecture (2008); Euroscience (1998-2007) identity to the world. A focus on the city Italia 150 (committee for the Open Forum (2010); Italia 150 (2011, centre but not specific to it. organization of the 2011 celebrations of the Unification of celebrations). The Urban Centre Italy 150th anniversary) Metropolitano. Special Communication Project, „Luci d'Artista‟, Film Commission Torino City of Turin, Piedmont Region, Phase 3 Piemonte, Invest in Turin and Turin as a „knowledge hub‟ Torino Internazionale (Agency for (2008-2011) Piedmont Agency, 1st Strategic Plan, Strategic Plan) Torino Convention Bureau, Atrium project, Winter Olympics.
  • 35. 4. Regional Development Agencies Urban Productivity Integrated Visioning and Development and and Economic Internationalisat Typology Economic Partnership Revitalisation Growth -ion Agencies Agencies Agencies Agencies Agencies “Employment “Place and “Place and “Place -shapers Purpose “Place drivers” and productivity productivity productivity and visioners” drivers” leaders” promoters” Example Agency
  • 36. 4. Value added of Development Agencies i. Aggregate otherwise disparate economic development efforts within one body that can generate real expertise and track record of delivery. ii. Increase the pace of the local response to investors/developers. iii. Enlarge the scale of the implementation that is possible, often by enabling delivery on multiple programmes and projects and simultaneously by commissioning additional resources quickly. iv. Enhance the reputation and credibility of local „negotiators,‟ giving an external investor confidence in the process of decision taking. v. Find appropriate means to share costs and risks between those promoting developments and investments. vi. Develop mechanisms for value and benefit capture, enabling some of the fruits of economic development to be recycled within city budgets and programmes.
  • 37. 4. Finland RDAs Finnish RDAs Clear national approach Local Government and Business Universities Innovation and Business orientated Advocacy in business climate and infrastructure RDAs with no regional government. 371
  • 38. 5. Bizkaya: Regional Development System
  • 39. 6. Development Banks and Financial Institutions i. Many regional development imperatives are neither wholly market fundable, nor justifying permanent subsidy. ii. They can be seen as ‘niches’ where the use of mixed public/private, cash/equity, short-term/long- term financing is involved. iii. To make this work ‘capable intermediaries’ are needed, special purpose financial institutions. iv. Development Banks can build these niches, utilise their balance sheet to manage risks and spread innovation, and leverage external investment. 391
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  • 41. 6. Building a regional development financial system. i. National Development Bank. ii. Evolution of local and regional development finance system to be a key focus. iii. Inter-ministerial co-ordination: national and at regional level. iv. EU Structural Fund programme simplification. v. Regional level finance, budgets, and programming. vi. PPPs and Project Bonds vii. Municipal finance. viii. Inter-municipal collaboration ix. Bankers co-ordination x. Finance skills 41
  • 42. 7. The challenge for regional branding Brand Activation Experience 7/4/2012 2011 Greg Clark 42
  • 43. 7. Regional marketing Examples: Washington, Basel, Miami/South Florida, Oresund, Puget Sound Greater Washington Initiative: strong example of an economic development promotion coalition. Free one-stop business consultancy that performs key market analysis as a promotional tool. Provides advocacy in improving the quality of the region’s infrastructure Metro Basel: cross-border think-tank since 2008; shows the critical importance of civic and business involvement to complement the political engagement of usual government channels; has its own comic strip, highlighting regional strengths and weaknesses. Southern Florida; three regional counties have worked towards developing a shared regional branding initiative; marketing brochures and DVDs promote area’s science and technology credentials to mostly North American audience Vancouver/Seattle – Puget Sound region - dramatically improved coordination efforts thanks to 300 organisation public-private coalition dedicated to developing a common long- term economic strategy. Oresund – branding strategy since 1990s, backed by public transport infrastructure investment. Government and business representatives co-operate in art, culture and tourism sectors.
  • 47. 11. Regional Incentives Tax system Costs Momentum Cluster building EU rules 471
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  • 50. 13. Regional Business Leadership Negotiate Bus Int best Pay for Attract & Reg Comms X Party Wider Advocate Ent know CSR practic activitie retention collab & media collab particip with Gov how e s                                                                     50           
  • 51. 14. Intercity networking and communication Intercity Networks e.g. South African Cities Network, South Africa (est. 2002) Mayors of SA‟s 9 largest cities, National Government Departments, NGOs, the Private Sector and Universities. “Review of the 2006-2011 Strategic Plan of the SACN” (2009) • In 2006/7, City Development Strategies for all large cities. • 6 knowledge exchange and networking events. “Done well in keeping cities informed on emerging urban trends and policy but its impact on action within cities is not tangible” “Should begin to consider performing a lobbying and advocacy role on behalf of cities”