The global crisis of 2008-09 went in hand with sharp fluctuations in capital flows. To some extent, these fluctuations may have been attributable to uncertainty-averse investors indiscriminately selling assets about which they had poor information, including those in geographically distant...

This detailed policy review examines recent developments in regional policy in France and in particular, challenges regarding competiveness policies and multilevel governance. It includes interesting statistics related to regions and makes a series of recommendations for French authorities.