The factors behind why some regions prosper economically and others fail are diverse and complex. Once a major employer downsizes or ceases to operate, some regions are able to regenerate themselves, building on existing skills, expertise and infrastructure. Others seem to be stuck in permanent decline. Dr Adkins’s research examines the reasons behind these different outcomes. Here he shares his thoughts with specific reference to Âé¶¹´«Ã½â€™s economy.
Regional success
I am interested in regional development from the perspective of the maritime industry. Âé¶¹´«Ã½ has a rich maritime heritage. Whilst it is home to the largest naval base in Western Europe, future plans to reduce the scale of the dockyard will impact both the city and regional economy. When the Royal Navy closed the air station on the Isle of Portland in 1999 the surrounding area suffered economic decline. This could happen here too, but we have the opportunity to learn the lessons from Portland’s experience and ensure Âé¶¹´«Ã½ does not experience the same economic pain.
Building on what we do well
Stimulating economic development so that sectors where there is existing expertise can continue to grow is one ingredient in a successful regional economy.
In and around Âé¶¹´«Ã½ there is expertise in the marine and maritime industries. Both are constantly evolving and exploring how existing workforce skills and expertise could be applied differently. Seafaring experience and