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This book draws on the expertise of both North American and European specialists of regional economics, evaluating the impact of economic policy in certain regions and considering alternative policies to foster regional economic development and improve the employment and income of the residents of these regions. Martinez-Vazquez and Vaillancourt have gathered chapters from a renowned international pool of experts, arguing for the importance of human capital in the regional economics process. The first section of the book examines the policy tools and process relevant to regional development, presenting evidence on both the American and Irish experience. The second focuses on the empirical evidence on the impact of taxes and public spending in Canada and the USA. The third examines methodological issues, looking particularly at Spain and Poland.