PublicDisclosureAuthorizedPolicyResearchWorkingPaper10734PublicDisclosureAuthorizedOvercomingLeft-BehindednessPublicDisclosureAuthorizedMovingbeyondtheEfficiencyversusEquityDebateinTerritorialDevelopmentAndrésRodríguez-PoseFedericoBartalucciNancyLozano-GraciaMaríaDávalosPublicDisclosureAuthorizedUrban,DisasterRiskManagement,ResilienceandLandGlobalPractice&PovertyandEquityGlobalPracticeMarch2024PolicyResearchWorkingPaper10734Abstractterritorialdevelopment,whichhasdriventheadoptionofwhatareincreasinglyplace-basedandplace-sensitiveTerritorialdevelopmenttheoryandpracticehavewitnessedapproachestodevelopment.Thepaperalsoemphasizesthesignificantchangeinrecenttimes.Thischangehasincreas-needforcomplementaritybetweenefficiency-drivenandinglyputthespatialdimensionatthecenterofdevelopmentequity-focusedinterventions,whilehighlightingemergingpolicies.Althoughagglomeration-focusedpoliciesderivedtopicsinregionaleconomicsresearch,includingtherolefromurbanizationandagglomerationeconomicswereofinstitutions,agency,andexternalmegatrendssuchasonceprominent,theirempiricallimitationshavebecomethegreentransition.Thepaperconcludesbyadvocatingincreasinglyapparent.Greaterterritorialpolarizationandaplace-sensitiveapproachthattailorspoliciestoregionalpervasiveleft-behindednesshaveunderscoredtheneedforchallenges,promotingeconomicpotent...
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