1. Fostering Regional Recovery: Evidence and Insights Adrian Healy Cardiff University Creating the Regions of Tomorrow: Maximising Ireland’s Reform Opportunity

2. Evidence from ECR2 Crisis, resilience and recovery Insights from ECR2 Fostering the ability to adapt, taking a long-term perspective Consider business, people, place, community and governance Introduction 2

3. Early entry, late exit 3

4. Not resilient to the economic shock 4

5. Risk of long-term effects? 5 1990s economic downturn Number of regions have never recovered to pre- downturn peaks.

6. Differential recovery 6 GVAEmployment

7. Build for the future, whilst learning from the past Resilience is a long term capacity Actions taken now will shape future possibilities Fostering regional recovery 7

8. A diverse economic base sectors markets business models Innovation Skills Good governance Long term foundations 8

9. Attributes of: Businesses Populace Community Place Governance Strengthening capacity to adapt 9 Capacity, capability and willingness to act Shaped by actions of others and context Self-organising vs dependent Informed and aware (expectations) Availability of alternative paths Ability to learn

10. Key components 10 BusinessPeople PlaceCommunity Governance Innate characteristics Choices, behaviour and agency A shared responsibility Multilevel Multiagency Multiactor