This Policy Expo finds that place-based policies are essential in contemporary economies, providing solutions to otherwise intractable challenges such as the long-term decline of cities and regions. "Cohesion policy targets all regions and cities in the European Union in order to promote sustainable growth and job creation and improve the quality of life. It is the EU expression of a place-based policy and the most important investment policy in the EU budget. This Policy Expo examines a range of place-based policies throughout the world, emphasises the specific cities vis-à-vis spatially blind policies, and identifies the conditions for success. It is a major contribution to help policy makers and researchers in their design of programmes and policies. This book will provide benefits to all, in particular those living in the regions most affected by economic, social, environmental and demographic change." Marc Lemaître, Director-General, DG Regional and Urban Policy, European Commission. "Every place matters. Economic well-being and social and political progress depend on making the most of the potential of places. This Expo represents the ultimate guide to designing and implementing better and more incisive place-based policies for all, wherever you are in the world." Andrés Rodríguez-Pose, Professor of Economic Geography, London School of Economics.