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The audit of regional policy: 1934‐1939

Scott, P. ORCID: (2000) The audit of regional policy: 1934‐1939. Regional Studies, 34 (1). pp. 55-65. ISSN 1360-0591

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To link to this item DOI: 10.1080/00343400050005880


This paper examines the cost-effectiveness of British regional policy during the 1930s. It takes issue with Correlli Barnett, who has argued that regional policy measures introduced from 1945 were already shown to be inefficient by the failure of similar assistance during the 1930s. The evolution of the main 1930s initiatives that influenced post-war policy is discussed and their effectiveness assessed. When account is taken of savings in government welfare payments these initiatives are shown to have been very cost-effective, producing an annual return to the exchequer of around 56%, or more.

Item Type:Article
Divisions:Henley Business School > International Business and Strategy
ID Code:26481
Uncontrolled Keywords:Regional Policy, Special Areas, Industrial Estates, Industrial Finance, Factory Development

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