2.1 2017 economic growth policy drivers

The 2011 Derby Economic Strategy was developed in the years following the 2008-9 recession and the subsequent economic downturn. Since then, changes in the macro-economic and political environment – notably the Eurozone crisis, the modest ongoing recovery of the UK economy and the UK’s referendum decision to leave the EU – have been accompanied by significant changes in national economic growth strategy and governance.

In short, the world in which the strategy for economic growth will be delivered in Derby in the years to 2022 is continually evolving and it is quite different from 2011.

The Economic Growth Strategy for Derby to 2022 complements and adds value to wider spatial levels and is sufficiently flexible to be adapted to changing circumstances.

The vision for Derby’s economy in 2022 clearly articulates its role in the regional, national and international economies.