Policies to address regional inequalities should be tailored to individual communities’ needs, according to the results of a new study.
Published by CIPFA in partnership with the University of Birmingham, the study concludes that a national and centralised approach to levelling up is ineffective.
Looking at international case studies, the report found the most successful city-regions are empowered to deliver their own levelling-up policies.
Investing in Regional Equality - lessons from four cities calls on the Government to focus on local economies, effectiveness of policies, and the efficiency of delivery and equality for citizens.
Rob Whiteman, CIPFA CEO, said: 'This report shows there is no quick fix to addressing inequality. The answers are complex, but what is clear is that a long-term approach is needed coupled with sustained levels of funding. A clearly defined strategy and vision, specific to local issues, are also essential in helping level up communities.
'The international examples in this report serve as an excellent blueprint for producing innovative, targeted and effective policies – which the UK government can and should apply to its levelling up agenda.'
Jeffrey Matsu, CIPFA chief economist and report co-author, added: 'While there is no one-size-fits-all approach to reducing inequality, the research shows that access to a quality education, timely workforce development programmes and stable and well-paying jobs are the keys to a better quality of life that can benefit entire communities.'
