The revised edition of this classic text contains discussions of the latest theoretical developments in regional economics and reviews recent changes in regional policy and institutions in the European Union. New case study material based on extensive academic research has been added throughout the book.

Harvey Armstrong is Professor of Economic Geography at Sheffield University. He has previously worked at Loughborough University and Lancaster University and has held a visiting appointment at the University of British Columbia. He has published extensively in the areas of regional policy, European regional disparities, local economic development policy and the economic performance of world micro-states and dependent territories.

Jim Taylor is Professor of Economics at the Lancaster University and has held visiting appointments at the Universities of Pennsylvania, British Columbia and Melbourne. His research includes work on the evaluation of regional policy and on various aspects of education economics. He has published many papers and several books on regional policy and has been the editor of Regional Studies, the journal of the Regional Studies Association.