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In order to curb rising unemployment and to upgrade low value-added activities, the competitive edge lost in low-cost labour must be earned back through education and innovation. Regional policy stands as a key tool to achieve this shift in a relatively small yet diverse country with moderate economic growth and limited public spending capacity. This report analyses how a paradigm shift in regional policy, building on the knowledge of both public and private stakeholders in specific regions (ranging from dynamic urban areas on the coast to lagging inland areas), could help Portugal fully exploit its potential for sustainable development.
Table of contents:
List of Acronyms Assessment and Recommendations Chapter 1. Why a Regional Policy in Portugal? National Growth, Regional Assets and Challenges Chapter 2. Regional Policy as a Tool to Enhance Portugal's Competitiveness Chapter 3. Reforming th Governance of Regional Policy in Portugal Bibliography