{"id":85,"date":"2017-01-05T17:10:21","date_gmt":"2017-01-05T17:10:21","guid":{"rendered":"http:\/\/sites.cardiff.ac.uk\/building-resilient-economies\/?page_id=85"},"modified":"2017-01-05T17:10:21","modified_gmt":"2017-01-05T17:10:21","slug":"external-support","status":"publish","type":"page","link":"http:\/\/sites.cardiff.ac.uk\/building-resilient-economies\/examples-of-policy-and-practice\/external-support\/","title":{"rendered":"External support"},"content":{"rendered":"<p>It is crucial not to overlook the importance of external support has a foundation of economic resilience. \u00a0Smaller economies are most likely to benefit from the boost that this can provide. \u00a0Whilst\u00a0\u2018local endowments and territorial characteristics have growing importance for regions in order to cope with and recover from external shocks\u2019 (EU, Territorial Agenda, p. 5) this does\u00a0not mean\u00a0that places should stand alone in the face of crisis.<\/p>\n<p>The EU recognises that regions may well \u201cneed external support to help find (and realise) their own paths of sustainable development\u201d<sup>25<\/sup>, as, in many cases, the crisis has exposed the limitations of internal capacity and resources. As the Barca report observes, \u201can exogenous intervention might be needed to trigger change\u201d<sup>26<\/sup>. It goes on to acknowledge, however, that such intervention must work with the grain of territorial assets and capacities \u2013 \u201cthe purpose is obviously not to import institutions from outside, but to provide the pre-requisites for them to develop, to tilt the balance of costs and benefits for local actors to start building up agency, trust and social capital, to change beliefs and to experiment with institutions and democratic participation\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It is crucial not to overlook the importance of external support has a foundation of economic resilience. \u00a0Smaller economies are most likely to benefit from the boost that this can provide. \u00a0Whilst\u00a0\u2018local endowments and territorial characteristics have growing importance for regions in order to cope with and recover from external shocks\u2019 (EU, Territorial Agenda, p. [&hellip;]<\/p>\n","protected":false},"author":5958,"featured_media":0,"parent":25,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-85","page","type-page","status-publish","hentry"],"meta_box":[],"_links":{"self":[{"href":"http:\/\/sites.cardiff.ac.uk\/building-resilient-economies\/wp-json\/wp\/v2\/pages\/85","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/sites.cardiff.ac.uk\/building-resilient-economies\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"http:\/\/sites.cardiff.ac.uk\/building-resilient-economies\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"http:\/\/sites.cardiff.ac.uk\/building-resilient-economies\/wp-json\/wp\/v2\/users\/5958"}],"replies":[{"embeddable":true,"href":"http:\/\/sites.cardiff.ac.uk\/building-resilient-economies\/wp-json\/wp\/v2\/comments?post=85"}],"version-history":[{"count":1,"href":"http:\/\/sites.cardiff.ac.uk\/building-resilient-economies\/wp-json\/wp\/v2\/pages\/85\/revisions"}],"predecessor-version":[{"id":86,"href":"http:\/\/sites.cardiff.ac.uk\/building-resilient-economies\/wp-json\/wp\/v2\/pages\/85\/revisions\/86"}],"up":[{"embeddable":true,"href":"http:\/\/sites.cardiff.ac.uk\/building-resilient-economies\/wp-json\/wp\/v2\/pages\/25"}],"wp:attachment":[{"href":"http:\/\/sites.cardiff.ac.uk\/building-resilient-economies\/wp-json\/wp\/v2\/media?parent=85"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}