England's new wave of mayoral strategic authorities (MSAs) now hold more powers than ever before – across areas such as transport, skills and housing. But the devolution of power is not in itself a guarantee of economic success. The real promise lies in the effective use of these powers.
A recent Institute for Government report provides a five-step roadmap for crafting effective local economic strategies. If mayors can follow these steps, they will give themselves the best opportunity to use new powers over transport, skills, housing and more to improve their economies and the lives of their citizens.