• It seems hard to separate regions of a country from the national environment. From a macroeconomic and political perspective, the two are intertwined.  However, it is also clear that certain governors or better quality institutions in regions can lead to improved outcomes. In terms of economic development, it seems to me at a regional level, this is almost always intertwined with a few leading industries (eg IT in Bangalore).

Some of these issues were raised in my book Monitoring Business Performance-Models, Methods and Tools (Routledge, 2014)