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Jena Review
None
MACBA Collection
Betr. u.a. Werke von Paul Klee und Dieter Roth.
Jorge Yeregui
Winner of the VI international Prize for Contemporary Photography, Spanish photographer Jorge Yeregui (born 1975) documents the transformation of urban space, rapid housing growth, the waste of natural resources and various processes of gentrification in Spain.
Regional Disparities, Growth, and Inclusiveness
We discuss regional disparities in economic performance and living standards. We first set out some key facts, and provide a conceptual framework to help analyze whether such disparities are efficient, or instead reflect market and/or policy failures. We examine whether policy attempts to reduce regional disparities necessarily involve a trade-off between equity and efficiency. We then investigate whether policymakers should focus on boosting the economic performance of lagging regions—or, conversely, accept the presence of regional disparities, and instead assist households in lagging regions through transfer payments, investments in education, health, and other basic services, and by facilitating out-migration.
