
Prof Leslie Budd
Emeritus Professor of Regional Economy
The Open University Business School
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)
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)
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)
A cohesion pact for the regions: a role for industrial policy (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)
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)
Space exploration as a propulsive industry in levelling up (2023)
Sense making of Brexit for economic citizenship in Northern Ireland (2019)
Brexit and beyond: a Pandora’s Box? (2019)
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)
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)
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)
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
Thesis
Decentralisation as a form of corporatism : the case of Nord-Pas-de-Calais (1996)