Economic displacement
The Green Book, Central Government Guidance On Appraisal And Evaluation, Published by HM Treasury in 2020, suggests displacement: ‘…is the degree to which an increase in economic activity or social welfare that is promoted by an intervention is offset by reductions elsewhere. in the area under consideration or in similar areas close by. This occurs where existing businesses close and reopen in a fresh location or move into the target area from similar areas close by.’
The 2018 Green Book defined displacement as: ‘…the degree to which an increase in economic activity promoted by an intervention is offset by reductions in economic activity elsewhere.’
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