Edexcel A-Level Geography 9GE0
Tectonic Processes and Hazards
Glaciated Landscapes and ChangeLandscape
Coastal Landscapes and ChangeLandscape
Globalisation
Regenerating PlacesPlaces
Diverse PlacesPlaces
The Water Cycle and Water Insecurity
The Carbon Cycle and Energy Security
Superpowers
Health, Human Rights and InterventionConnections
Migration, Identity and SovereigntyConnections
Regenerating Places
What attracts investment, and the multiplier effect
- 3 things to know
- Paper 2
Overview
What attracts private developers and inward investment, including infrastructure, workforce skills, accessibility and competitive incentive packages, the race to the bottom between local authorities, how investment triggers multiplier effects through supply chains and local spending, and job creation, housing, environmental improvement and community facilities as regeneration priorities.
What you need to know
Answer each one before you reveal it.
Why might environmental improvement be prioritised in a regeneration strategy?
What attracts private developers to invest in regenerating areas?
Questions from this subtopic
Each one with the model answer underneath.
- 1
What attracts private developers to invest in regenerating areas?
Model answer
Private developers are attracted by incentives such as tax breaks, planning support, and the potential for profit from developing land in areas targeted for regeneration.
- 2
How does existing infrastructure affect the success of local government policies in attracting inward investment?
Model answer
Areas with good existing infrastructure (transport, utilities, communications) are more attractive to investors as they reduce setup costs and improve operational efficiency.
- 3
Why are workforce skills important for attracting inward investment?
Model answer
Investors seek locations with appropriately skilled workers to meet their operational needs; areas lacking relevant skills may struggle to attract certain types of investment.
- 4
How does accessibility influence the success of attracting inward investment?
Model answer
Good accessibility via road, rail, air, or sea connections makes areas more attractive to investors who need efficient movement of goods, services, and employees.
- 5
Why is the competitiveness of incentive packages important for attracting inward investment?
Model answer
Investors compare incentives offered by different locations; areas must offer competitive packages to win investment against rival locations offering similar or better terms.
- 6
What is meant by a 'race to the bottom' in the context of local authorities competing for inward investment?
Model answer
Local authorities may progressively offer greater concessions (tax breaks, relaxed regulations) to outbid competitors, potentially undermining local revenues and standards.
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