Regional Policy Boosts National Growth, Reshapes Labor Landscape
The research looked at how regional policies in the UK affect the whole country. By using a special economic model, the study found that when a regional policy causes more demand in one area, it can have big effects on the entire country. Also, how the labor market is handled in different regions affects the impact of these policies. In simple terms, changing things in one place can have a ripple effect on other areas of the country.