A policy, adopted by government, aimed at redressing uneven development within a country. Pritchard (2005) Geog. Res. 43, 1 argues that the neoliberal approach to regional policy ‘advances a relatively simplified conception of regional economic and social life that pays little regard to their richness, complexity and grounded realities’. Gleeson (2003) Austral. Geog. Studs 41, 3 critically analyses the European Union's regional policy framework, particularly the advocacy of ‘economic normalization’ as a leading aim. ‘While regional policy traditionally draws upon regional assets to produce competitiveness, the value of this becomes questionable in the era of globalization’ (Bathelt (2006) PHG30, 2).
Subjects: Economics — Earth Sciences and Geography.