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Throughout the developed world governments have invested substantial sums in local and regional economic development. Many have spent heavily on local development agencies and strategies to bolster competitiveness within world markets. What has been the impact of these actions? How effective are the strategies and processes employed by development agencies? How well funded are development efforts in one nation compared to another, and how are their objectives defined?This book addresses these questions. It: . vbTab]explores the impact and functioning of economic development agencies;....