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Regional Success After Brexit
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Regional Success After Brexit

The Need for New Measures

David Hearne|Alex de Ruyter
Emerald
Emerald

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Paperback / softback
9781787567368
01 May 2019
$33.99
eBook (PDF)
9781787567351
01 May 2019
$0.00
Open Access
eBook (ePub)
9781787567375
01 May 2019
$0.00
Open Access

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  • Description
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  • About
  • Open Access
The ebook edition of this title is Open Access, thanks to Knowledge Unlatched funding, and freely available to read online.

The post-Brexit environment introduces notable challenges for regional policy; however, it also offers the opportunity to reassess regional needs and appropriate funding formulae.  
Regional Success After Brexit: The Need for New Measures examines the metrics currently used to evaluate regional performance within the UK and, in the wake of Brexit, suggests better alternatives. Alongside an in-depth critique of GVA/capita, the book challenges current thinking based on nominal productivity differences and advocates measures based on real incomes, real living standards and real labour productivity.  

The book is an illuminating read for academics, researchers and policy-makers working within regional economics as it exposes the need to replace European regional funding with a new formula that takes regional prices into account and redistributes authority over the UK's revenue and spending to the regions. 

1. Thinking Inside the Box: Defining the Problem 2. Thinking Outside the Box (Part 1): Real Living Standards  3. Thinking Outside the Box (Part 2): Real Labour Productivity 4. Policy Implications 

  • Appendix A: GDHI  Appendix B: The EKS Method  Appendix C: FISIM

Hearne and De Ruyter survey the present state of evidence on regional disparities across Britain, discuss the different measures of regional economic performance currently being used, and argue that Brexit will present an opportunity to reassess regional needs and and measuring approaches. They cover thinking inside the box: defining the problem, thinking outside the box: real living standards and real labor productivity, and policy implications.

- Annotation ©2019
David Hearne is a researcher working in the Centre for Brexit Studies at Birmingham City University. He joined the centre in 2017, having worked in an independent think tank previously. His work focuses on understanding all aspects of regional economic performance, particularly in the West Midlands. 
Alex de Ruyter is Professor and Director of the Centre for Brexit Studies at Birmingham City University, UK. He holds a wealth of research experience and academic engagement in relation to Brexit and areas of regional economic development, skills and labour market issues.