INVESTING IN REGIONAL DEVELOPMENT – COMPETITION AND COLLABORATION PROJECT - DISCUSSION PAPER 1: DEALS WITHOUT DELUSIONS

But it begs the question – which tool is best for my regional development success? PROJECT AIM The aim of this project is to design a guide for policy makers that will address this question ‘which policy tool is best for my regional development success?’ – essentially synthesising the risks and rewards of common policy tools and providing guidance on which tool works where and why. [...] THE STATE OF PLAY IN REGIONAL DEVLEOPMENT POLICY-MAKING In April 2018 the OECD released the most comprehensive review of the state of play for regional development policy making, including the tools usedi. [...] This means traditional evaluations of regional development policy and tools which are focused purely on government efficiency and effectiveness (along with machinery of government implementation) will be inadequate to design regional development policy of the future. [...] Can you help? Can we work with you to review aspects of recent policy tool eg: What overall regional development goal did the policy hope to achieve? • Collaborative or competitive? Did it want a long term, place based outcome driven co- ownership approach or a more ‘fair and equitable’ process? Did the chosen tool reflect the goal through design and implementation? • What was the design and engag. [...] The risks and rewards of alternate policy tools Tool design and interactions A draft framework for guiding tool selection Figure 2: Draft Framework for identifying the right tool for regional development policy success Next steps Box 1.