RPI reveals future hotspots and cold zones in the
Baltic Sea Region

The Baltic Sea Region is characterised by distinctive challenges and opportunities. The seminar ‘If you can’t measure it, you can’t manage it – tools for monitoring the BSR development’, during the Strategy Forum, will present insights on how the Baltic Sea Region has developed during the last decade.

The developments are revealed by looking at the outcome of Nordregio’s extended ‘Regional Potential Index’. This index ranks and analyses the performance of all regions of the BSR.
 
We asked Julien Grunfelder and Åsa Ström Hildestrand at the Nordic Centre for Spatial Development to tell us about the index.
 
What is the Nordregio Regional Potential Index?
The purpose of Nordregio’s Regional Potential Index is:
To show the current performance of the administrative regions of the Baltic Sea Region countries.
To identify regions with high potential for future development and their common denominators.
To identify regions in need of further support and policy measures to strengthen their potential and meet existing challenges.
 
The index provides policy makers with insights on regional strengths and weaknesses. It could be used for comparative learning between regions with similar geographies but different outcomes in creating effective regional development strategies.
 
What are the hot spot regions of the Baltic Sea Region?
The hot spot regions of the Baltic Sea Region will be presented during the seminar. From previous experience, working on this index at the Nordic scale, we could see that the capital cities by far performed the strongest. However, the Baltic Sea Region is much bigger than the Nordic Region, and we expect larger variations. For example, we expect that some regions located far from the capital areas enjoy unique advantages and therefore have high regional potential.
 
What are the three main success factors to be at the top of the list?
The index is based on three main themes: demographic potential, labour market potential and economic potential. Each theme consists of sub-sets of indicators. Although the indicators within each theme are given different weight, depending on their importance, all main themes are important for a region to be placed at the top of the list.

Åsa Ström Hildestrand, Head of Communications and Outreach
Åsa Ström Hildestrand, Head of Communications and Outreach
Julien Grunfelder, Senior Cartographer/GIS Analyst
Julien Grunfelder, Senior Cartographer/GIS Analyst

Read more about the purpose of the Regional Potential Index.

Read more about the seminar.

The seminar is organised in collaboration between Nordregio, VASAB and the Swedish Agency for Economic and Regional Growth.

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