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Prof Leslie Budd

Emeritus Professor of Regional Economy

The Open University Business School

leslie.budd@open.ac.uk

Biography

Professional biography

Leslie Budd is Emeritus Professor of Regional Economy in the Department of Public Leadership and Social Enterprise (PuLSE) at the Open University Business School. He is an economist who is internationally known for his work on regional and urban economics in the context of global issues, the digital economy, the socioeconomic impacts of BREXIT and evaluatig the socioeconomic benefits of space exploration. He was formerly  Director of the Space Exploration and Analysis Research (SPEAR) Cluster in the Faculty of Business and Law and is presently Visiting Professor at the Centre for Brexit Studies, Birmingham City University.

Leslie has undertaken economic and financial analysis for a number of regional, national and international organisations.  These include the Corporation of London; the Small Business Service; the Capital Market Authority in Riyadh; and, the Iraq Ministry of Planning.  Between 2014 and 2016, he was Special Economic Advisor to the Committee for Enterprise, Trade and Investment Committee of the Northern Ireland Assembly, producing research and policy briefings, for example the consequences of devolved taxation and the impact of BREXIT on the Northern Ireland economy.

 He is author of a number of books on subjects including global finance; the digital economy; electronic governance;  urban studies; devolution of the UK economy; and, the political economy of BREXIT.   He has also published papers on financial crises, regional competitiveness, cohesion policy in the EU, city leadership,  and impact of Brexit, including challenges for  Northern Ireland and indutrial policy and sectors, the potential role of the space sector for Levelling Up, evaluating future urban mobilities. 

He was member of the research team that evaluated the European Commission-funded Electronic Government for You (EGOV4U) project at the University.  Other research projects include the economic growth and employment projections for the Outline Spatial Strategy for Iraq on behalf of the Danish Foreign Ministry; the  ESRC-funded eGov4All: Creating a Digital Social Economy; and, the Higher Education Innovation Fund suppported  The Economic Impact of Sport on the Milton Keynes City-Region.  Leslie was Technical Lead for Benefits of the ESA  Exploration Roadmap in Socioeconomics (BEERS) project funded by the European Space Agency. A related project undertaken with  space science colleagues evaluated the socioeconomic benefits of Spaceport Scotland,  jointly supported by Research England and the Higher Educition Innovation Fund.

 Leslie is a Fellow of the Academy of Social Sciences, former Chair and current Fellow of the Regional Studies Association. At present he is Chair of the Urban and Regional Economics Seminar Group (URESG).  

Research interests

Leslie's research interests lie in the fields of regional economic development particularly global and European Union economic governance with regard to international financial markets; eEconomy; eGovernance; and, eEntrepreneurship in relation to changing functional and territorial scales; public governance; policy and management; and,  socioeconomic benefits of space exploration. 

Teaching interests

Leslie is currently supervising a student in the Faculty of Science, Technology, Engineering and Mathematics (STEM) whose thesis evaluates the soicioeconomic impact of space exploration.

Impact and engagement

Leslie has engaged with policy makers and practitioners throughout his academic career. Part of the work of the  BEERS project team  was included in the European Space Agency Ministerial Council strategy Space 19+ in October 2019  that set out funding for the agency for the next five years. Leslie continues to build upon his knowledge exchange activities in Northern Ireland, being a member of the Knowledge Exchange Seminar Series (KESS) at the Northern Ireland Assembly.

External collaborations

The SPEAR network included external collaboration with colleagues from a number of univesities, public and policy agencies and institutions in the UK and abroad related to industrial strategy for space, Space 4.0. This is also related to the international place-based leadership network, co-ordinated through the Regonal Studies Association, of which Leslie is a leading member producing webinars, books and papers aimed at academic, policy and practice audiences.

International links

As a Fellow of the Academy of Social Sciences as well as  the Regional Studies Association, Chair of the Urban and Regional  Seminar Group and  former Director of SPEAR Leslie is at the centre of a number of international networks and connections. His work for the Outline Spatial Strategy for Iraq still forms the basis of policy for regional economic development.  He has been been and continues to be a keynote speaker at many international conferences and other public engagements.

Projects

Benefits of the ESA Exploration Roadmap in Socioeconomics

A study to determine the socioeconomic benefits of space exploration for the European Space Agency.

Publications

Book

Brexit and Northern Ireland: Bordering on Confusion? (2019)

The Political Economy of Brexit (2017)

Devolution and the UK Economy (2016)

Key Concepts in Urban Studies (2nd edition) (2016)

e-Governance: Managing or Governing? (2009)

eGovernance: Managing or Governing? (2008)

Making policy happen (2006)

Key concepts in urban studies (2005)

e-Economy: rhetoric or business reality? (2004)

Global finance and urban living: a study of metropolitan change (1992)

Book Chapter

Place leadership, policy making and politics (2021)

Irish cows don't respect borders (2019)

Has devolution delivered an economic dividend? (2019)

City Leadership and Social Regeneration: The Potential of Community Leadership and the New Roles for Public Managers and Politicians (2018)

Will Brexit stall or break the progress of the Economy of Northern Ireland? (2017)

The Political Economy of Brexit? (2017)

Economic Challenges and Opportunities of Devolved Corporate Taxation in Northern Ireland (2016)

The potential role of Regional Development Agencies in achieving the priorities of Europe 2020 in the context of the Financial Crisis (2012)

A cohesion pact for the regions: a role for industrial policy (2009)

Governance puzzles (2009)

The limits of post-Lisbon governance in the European Union (2008)

Managing governance or governance management: is it all in a digital day's work? (2008)

e-Governance and the governance of the Internet (2008)

The rise of the english regions: an introduction (2006)

Looking for the South East (2006)

London: from city-state to city region? (2006)

Measurement and its pitfalls (2006)

e-Business processes: information and operations for competitive advantage (2004)

Death of the 'New'? Re-materialising the economy (2004)

Where do we go from here? embedding the rhetoric of the e-economy in the reality of business (2004)

The Economy of virtuality and reality: an introduction (2004)

The Business environment for eCommerce (2003)

Peripherality and economic development (2000)

Globalisation and the crisis of territorial embeddedness in international markets (1999)

Global cities and finance: a troubled relationship (1998)

Introduction (1992)

An urban narrative and the imperatives of the city (1992)

Journal Article

Evaluating future mobility: back to the future in the UK policy? (2025)

Place-based industrial strategies in the context of the Northern Ireland Protocol (2024)

[Book Review] An economist’s review of A research agenda for governance, edited by B. Guy Peters, Jon Pierre, Eva Sørensen and Jacob Torfing (2023)

Space exploration as a propulsive industry in levelling up (2023)

What can city leaders do for climate change? Insights from the C40 Cities Climate Leadership Group network (2022)

Essential, complex and multi-form: the local leadership of civil society from an Anglo-Italian perspective (2021)

Sense making of Brexit for economic citizenship in Northern Ireland (2019)

Brexit and beyond: a Pandora’s Box? (2019)

Sport as a complex adaptive system for place-based leadership: Comparing five European cities with different administrative and socio-cultural traditions (2017)

A Framework for city leadership in multilevel governance settings: the comparative contexts of Italy and the UK (2016)

Commercial orientation and grassroots social innovation: insight from the sharing economy. (2015)

Into the void: a realist evaluation of the eGovernment for You (EGOV4U) project (2015)

EUROPE 2020: a strategy in search of a regional policy rationale? (2013)

Re-regulating the financial system: the return of the state or societal corporatism? (2012)

Neglected aspects of the East Asian financial crisis (2008)

A cohesion pact for the regions: a role for industrial policy (2007)

Post-bureaucracy and reanimating public governance: A discourse and practice of continuity? (2007)

Emotional labour and the regional question (2005)

Conceptual framework for regional competitiveness (2004)

Not the leading edge (Book review) (2001)

Relationships between the financial and property markets in the Asia-Pacific area (2001)

Offdigital: why money has always been virtual (2000)

Financial services and the urban system: an exploration (2000)

Territorial competition and globalisation: Scylla and Charbydis of European cities (1998)

Regional integration and convergence and the problems of fiscal and monetary systems: some speculative lessons for Eastern Europe (1997)

The rentier city in the millennium? (1997)

Confirming conforming conventions: the four world cities study (1997)

Regional government and performance in France (1997)

Globalisation, territory and strategic alliances in different financial centres (1995)

European regional distributional coalitions in a global-local environment (1994)

Other

Regional convergence in the EU: the Commission's view (2001)

Presentation / Conference

Multi-channel governance and electronic democracy (2011)

Unequal voice of BME network in regional economic development (2008)

This limits of post-Lisbon Governance in the European Union (2008)

Perverse outcomes of new transport infrastructure in cities and regions (2007)

Between the earth and the sky? The discourses of architects and engineers in 1970s' (2007)

The canard of a globalising service economy? Regional aspects of the commodity boom (2007)

Competitiveness, clusters and commodities: a global or regional brew? (2007)

Neglected aspects of the East Asian financial crisis (2006)

A cohesion pact for the regions? (2006)

Between informal organisation and space of emotion? Theorising the region (2006)

Managing the distribution of growth trajectories: China's uneven regional boom (2005)

A cohesion plan for Europe's regions' (2004)

The feasibility of benchmarking indicators of regional competitiveness (2003)

The prospect of hypothecating devolved finance (2003)

The conceptualising the benchmarking of regional competitiveness (2003)

The regulation of international transfer pricing: a theological approach (2003)

The prospect for entrepreneurial regions through social enterprise (2002)

The regulation of international transfer pricing: a theological critique (2002)

An evaluation or a framework for evaluation? The conundrum of creating a system for appraising the regional impact of EMU (2002)

Modelling the impact of training using a characteristics approach: implications for UK learning and training infrastructure (2001)

The possible role of financial markets and instruments as mechanisms of regional distribution in central and eastern European countries (2001)

Cohesive Divergence? The regional implications of the economic governance of the Euro-Area (2000)

The East Asian crisis from a regional perspective: the contribution of central place theory (2000)

A study of financial markets and real estate performance in Pacific Asia economies (2000)

The architecture of finance and space (1998)

Creating a new geography of financial production to extend the frontiers of regional development in Central and Eastern Europe (1997)

The future may be urban but will Asia's cities become global? (1997)

Extended peripheries and shifting cores in Europe's regional globalism (1996)

Report

Sport as a system of city leadership: comparing the case of Milton Keynes (UK) and Brescia (Italy) (2016)

eGovernment for You: Impact Evaluation Framework (2012)

eGovernment for You: Work Package 7: Impact Evaluation: Training and Support Materials, Schedules and Methods (2012)

Thesis

Decentralisation as a form of corporatism : the case of Nord-Pas-de-Calais (1996)