A different approach to local development

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Laurent DAVEZIES

Professor, Paris XII University Researcher, CRETEIL (centre de recherche sur l'environnement, les transports, l'économie et les institutions locales : Research Centre for the environment, transport, the economy and local institutions)

Seminar Entrepreneurs, towns and regions | Wednesday April 3, 2002

When Laurent Davezies, professor at Paris XII University, takes a different approach to the idea of regional development, traditional ideas go out of the window. The rift between Paris and the provinces is a myth. Indicators show that regional GDP is merely a smokescreen and that it is income which is relevant. Non-skilled jobs are gaining acceptance again; the productive economy is moving away from a static economy; the more developed regions are the poorest; the urbanisation of the economy is still increasing; and the traditional theory at the base of it all is returning to centre-stage. Updating the mistakes of some current approaches, especially European ones, Laurent Davezies has proof that local economies are tied to a complex, global system. Only a small part of the wealth comes from surrounding industries, since a fantastic redistribution system, devised in the time of Louis XI, creates incomes and jobs surreptitiously in places where they would not occur according to classic development theories.

The entire article was written by:

Élisa RÉVAH

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