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OECD Territorial Reviews: Venice, Italy 2010

image of OECD Territorial Reviews: Venice, Italy 2010

This Review of Venice, Italy, offers a comprehensive assessment of the city-region’s economy and the extent to which its land use, labour market and environmental policies embrace a metropolitan vision. A new understanding of the provinces of Padua, Treviso and Venice as an interconnected city-region of 2.6 million people guides this study. Venice ranks as among the most dynamic and productive city-regions in the OECD, with high employment levels and growth rates. Though it has thrived on a model of small firms and industrial clusters, it is undergoing a deep economic transformation. Venice confronts growing environmental challenges as a result of rising traffic congestion and costly infrastructure pressures, exacerbated by sprawl. Demographics are also changing, due to ageing inhabitants, immigrant settlement and the rapid depopulation of the historic city of Venice.  

This report offers a comparative analysis of these issues, utilising the OECD’s metropolitan database to benchmark productivity and growth. It draws on regional economics, urban planning, transportation studies and hydrology to throw light on the changes within the city-region. In light of planned inter-city rail extensions, the Review calls for programmes to increase economic synergies between Venice and its neighbours. It evaluates key tools for promoting economic growth and metropolitan governance and proposes enhanced co-ordination of land use policies, additional business development services for small and medium-sized businesses, and the enlargement of university-linked innovation. Given frequent flooding, the report appraises the quality of metropolitan water governance and Venice’s potential to become a powerful reference for climate change adaptation.

English Also available in: Italian

Assessment and recommendations

One of the largest economies in Italy is situated in the Venice city-region, defined as the totality of the provinces of Venice, Padua and Treviso along with the Venice Lagoon and its archipelago of 117 islands. The Venice city-region ranks as among the most dynamic and productive cities in Europe. Although Venetians are richer than the average Italian, they have a per capita GDP (USD 32 941) comparable to that of Toronto or Barcelona, which rank behind the OECD average. However, the Venice city-region is catching up fast. Compared to OECD metro-regions, its economic growth rate can be compared to that of London, Stockholm or Houston, placing it among the top ten performers in Europe.

English

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