Why do some regions grow faster than others, and in ways that do not always conform to economic theory? This is a central issue in today’s economic climate, when policy makers are looking for ways to stimulate new and sustainable growth. OECD work suggests that there is no one-size-fits-all...

This publication reports on current definitions and uses of functional regions in the OECD countries. It sets forth the reasons that prompt countries to formulate such entities, takes stock of responsibilities and prerogatives existing at these echelons, and tallies their financial resources.The...