This book presents arguments for the following propositions: Local economic development strategies in the United States should include extensive investments in high quality early childhood programs, such as prekindergarten (pre K) education, child care, and parenting assistance. Economic development policies should also include reforms in business tax incentives. But economic development benefitsChigher earnings per capita in the local communityCcan be better achieved if business incentives are complemented by early childhood programs. Economic development benefits can play an important role in motivating a grassroots movement for investing in our kids.
The Rise of the Entrepreneurial State charts the development of state and local government initiatives to influence the market and strengthen economic development policies. This trend marked a decisive break from governments' traditionally small role in the affairs of private industry that defined the relationship between the public and private sector for the first half of the twentieth century. The turn to state and local government intervention signaled a change in subnational politics that, in many ways, transcended partisan politics, regional distinctions ,and racial alliances. Eisinger's meticulous research uncovers state and local governments' transition from supply-side to demand-side strategies of market creation. He shows that, instead of relying solely on the supply-side strategies of tax breaks and other incentives to encourage business relocation, some governments promoted innovation and the creation of new business approaches.
This completely updated and revised edition of Levy's highly regarded work examines the important changes in the economic world faced by communities since publication of the first edition in 1981. Much new material has been added to reflect the increasingly important role of state government, heightened intermunicipal competition, rising foreign investment, the diminished availability of federal development funds, and more. Like the previous edition, this is designed as a how-to book for the practitioner as well as a resource for students of public administration, planning, and development economics. The author provides a general framework for considering the pros and cons of various economic development approaches, offers an overview of the new federal role in local economic development and the rationale for national economic development policy, and presents a systematic discussion of local economic development techniques, strategy, financing and tax abatement, federal and state programs, and marketing and promotion. Following a general introduction, Levy looks at the political context of economic development, local government organizations and personnel, and recent economic changes-- including the deindustrialization issue and foreign trade-related matters. Chapters on the role of the states, reasonable expectations, and local economic development in the national context are new to this edition, as is a chapter that surveys actual practitioner experience in order to identify what does and does not work in local economic development. Subsequent discussions focus on the use of public relations, advertising and marketing in local government; assessing economic development potential; development planning and financing; and labor markets and fiscal impacts. An important addition to this edition is the inclusion of a simple, generic PC-based fiscal impact model. Indispensable for anyone involved in local economic development, this new edition offers a comprehensive look at the development situation faced by communities as we move into the 1990s.
This book offers insights into the process and the practice of local economic development. Bridging the gap between theory and practice it demonstrates the relevance of theory to inform local strategic planning in the context of widespread disparities in regional economic performance. The book summarizes the core theories of economic development, applies each of these to professional practice, and provides detailed commentary on them. This updated second edition includes more recent contributions - regional innovation, agglomeration and dynamic theories – and presents the major ideas that inform economic development strategic planning, particularly in the United States and Canada. The text offers theoretical insights that help explain why some regions thrive while others languish and why metropolitan economies often rise and fall over time. Without theory, economic developers can only do what is politically feasible. This text, however, provides them with a logical tool for thinking about development and establishing an independent basis from which to build the local consensus needed for evidence-based action undertaken in the public interest. Offering valuable perspectives on both the process and the practice of local and regional economic development, this book will be useful for both current and future economic developers to think more profoundly and confidently about their local economy.
Written by authors with years of academic, regional, and city planning experience, the classic Planning Local Economic Development has laid the foundation for practitioners and academics working in planning and policy development for generations. With deeper coverage of sustainability and resiliency, the new Sixth Edition explores the theories of local economic development while addressing the issues and opportunities faced by cities, towns, and local entities in crafting their economic destinies within the global economy. Nancey Green Leigh and Edward J. Blakely provide a thoroughly up-to-date exploration of planning processes, analytical techniques and data, and locality, business, and human resource development, as well as advanced technology and sustainable economic development strategies.
Committee Serial No. 89-46. Reviews status of programs and projects fostered by Economic Development Administration and its 8 regional offices to promote development of private industry in areas suffering from high rate of unemployment.
A comprehensive introduction to the economics of local economic development. The approach is people centered and recognizes contributions from other social sciences.
Provides a comprehensive look at local economic development and public policy, placing special emphasis on quality of life and sustainability. It draws extensively on case studies, and includes both mainstream and alternative perspectives in dealing with economic growth and development issues. The contributions of economic theories and empirical research to the policy debates, and the relationship of both to quality of life and sustainability are explored and clarified.
