regional development act

E952396

A regional development act is a type of legislation designed to promote economic growth and infrastructure improvement in specific underdeveloped or disadvantaged geographic areas.

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Statements (50)

Predicate Object
instanceOf public policy instrument
type of legislation
aimsTo attract private investment
create jobs
improve quality of life in target regions
modernize infrastructure
appliesTo specific geographic regions
canInclude eligibility criteria for regions
monitoring and evaluation mechanisms
time-limited support measures
enactedBy national governments
regional governments
subnational legislatures
field economic development policy
infrastructure policy
regional development policy
hasPurpose improve infrastructure
promote economic growth
reduce regional disparities
support disadvantaged geographic areas
support underdeveloped areas
intendedEffect balanced regional development
reduction of interregional inequality
isPartOf public law
legalForm act of parliament
statute
mayEstablish development funds
regional development agencies
special economic zones
mayInclude business development programs
grants
infrastructure investment programs
land-use planning measures
subsidies
tax incentives
workforce training programs
zoning incentives
mayProvide financial incentives for businesses
infrastructure funding
technical assistance to local authorities
oftenImplements national spatial planning goals
regional development strategy
relatedTo industrial policy
rural development policy
transport policy
urban development policy
targets economically disadvantaged regions
regions with high unemployment
regions with low income levels
underdeveloped regions

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.