Continuing divergence after the crisis: long-term regional economic development in the United Kingdom Cover Image

Continuing divergence after the crisis: long-term regional economic development in the United Kingdom
Continuing divergence after the crisis: long-term regional economic development in the United Kingdom

Author(s): Zsuzsanna Zsibók
Subject(s): Social Sciences, Economy, Geography, Regional studies
Published by: Központi Statisztikai Hivatal
Keywords: regional economic inequality;United Kingdom; global financial crisis; economic rebalancing;

Summary/Abstract: This study examines the trends of regional economic development in the United Kingdom before, during, and after the economic crisis. The United Kingdom is historically characterised by persistent and significant regional economic disparities, which further grew during the global financial crisis and seem to remain stable at higher levels. Salient features of the economic spatial structure are the well-known North-South divide and, in parallel, London’s dominance over the rest of the country (the ‘London problem’). Our research is primarily descriptive. Specifically, it combines a literature review covering the latest relevant contributions and empirical data analysis. Based on important current policy initiatives, our analyses will also address the issue of a more spatially balanced development.

  • Issue Year: 7/2017
  • Issue No: 01
  • Page Range: 017-042
  • Page Count: 26
  • Language: English