STATE OF THE REGIONS REPORT 2002-03: REGIONAL ECONOMIC GOVERNANCE

The theme of the 2002-03 State of the Regions report is regional economic governance and along with the traditional update of the regional performance indicators, the Report focuses on governance and the linked issue of growing inequality between regions. This growing inequality is the result of the process commonly referred to as 'globalisation', but in reality represents the outcomes of the shift in economic structure towards the so-called 'knowledge based' or 'innovation' driven economy.