Download or read book Reinventing Local and Regional Economies written by Gerald L. Gordon and published by CRC Press. This book was released on 2011-09-26 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent US economic history is rife with examples of cities and regions that have experienced significant decline. Many of those localities began to slide after decades, even generations, of feeling immune to economic disaster. Boeing and Kodak, the steel industry in Pittsburg, and the automotive industry in Detroit all expected to make it golden into the distant future. Tapping into the available body of knowledge as well as- through nearly 70 interviews—the experiences of those who lived and worked in those times in cities around the United States—to identify the most effective strategies, Reinventing Local and Regional Economies delineates the dos and don’ts to observe in order to sustain economic vitality in any community. Written by Dr. Gerald Gordon, president and chief executive officer of the Economic Development Authority in Fairfax County, Virginia, the book explores lessons learned and examines the messages communities must be mindful of in order to ensure future economic stability. Drawing on more than 30 years of experience, Gordon identifies a set of foundational lessons that, while they are not guarantees of success, certainly portend failure if ignored by local planners. Each chapter explores a different prerequisite and then applies it to several case studies of the reinvention of local and regional economies. Each of these basic components of economic growth will then be examined against the backgrounds of the many communities studied, thus permitting comparisons and contrasts to be drawn. A comparative analysis of results from one community to another across a wide range of case studies, this book puts into clear context the observations about what works not only in one locale but in communities with common features facing common issues and getting similar results. Using case studies and real world examples of successes and failures, Dr. Gordon provides the tools to develop a proactive strategy that positions your community for surviving and thriving regardless of external stresses and adverse economic conditions that may be out of your control.
Download or read book Reinventing Local and Regional Economies written by Gerald L. Gordon and published by CRC Press. This book was released on 2011-09-28 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent US economic history is rife with examples of cities and regions that have experienced significant decline. Many of those localities began to slide after decades, even generations, of feeling immune to economic disaster. Boeing and Kodak, the steel industry in Pittsburg, and the automotive industry in Detroit all expected to make it golden into the distant future. Tapping into the available body of knowledge as well as- through nearly 70 interviews—the experiences of those who lived and worked in those times in cities around the United States—to identify the most effective strategies, Reinventing Local and Regional Economies delineates the dos and don’ts to observe in order to sustain economic vitality in any community. Written by Dr. Gerald Gordon, president and chief executive officer of the Economic Development Authority in Fairfax County, Virginia, the book explores lessons learned and examines the messages communities must be mindful of in order to ensure future economic stability. Drawing on more than 30 years of experience, Gordon identifies a set of foundational lessons that, while they are not guarantees of success, certainly portend failure if ignored by local planners. Each chapter explores a different prerequisite and then applies it to several case studies of the reinvention of local and regional economies. Each of these basic components of economic growth will then be examined against the backgrounds of the many communities studied, thus permitting comparisons and contrasts to be drawn. A comparative analysis of results from one community to another across a wide range of case studies, this book puts into clear context the observations about what works not only in one locale but in communities with common features facing common issues and getting similar results. Using case studies and real world examples of successes and failures, Dr. Gordon provides the tools to develop a proactive strategy that positions your community for surviving and thriving regardless of external stresses and adverse economic conditions that may be out of your control.
Download or read book Understanding Local Economic Development written by Emil Malizia and published by Routledge. This book was released on 2020-10-05 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The New Regional Economies written by William R. Barnes and published by SAGE Publications. This book was released on 1997-09-02 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditionally, we take a nationalist view of our economy. Our politics and economics are wedded in the political economy of the nation state and the nationalist economic policies. This "nationalist paradigm" is, however, showing signs of fatigue: The role of the nation state is diminishing as the economy globalizes; our national accounting systems are less effective, technology forces change; trading blocs are emerging; there is less control of exchange rates; regional economies are restructuring; and competitive environments are changing. This book poses that political jurisdictions are not economies but polities, and explores the complex and important economic implications of this thesis. In reality, metropolitan-centered economic regions are the basic economic units and the building blocks of the U.S. economy. The linked, interdependent system of local economic regions form the U.S. Common Market, which in turn thrives within a global context of mutuality and interdependence. William R. Barnes and Larry C. LedeburÆs paradigm shift from the "nation as the economy" to the "national system of local economic regions" changes the framework in which we think about governance and policy and puts this book at the forefront of U.S. economic thought.
Download or read book The Economic Survival of America s Isolated Small Towns written by Gerald L. Gordon and published by CRC Press. This book was released on 2015-06-26 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic history of the recent decade has been volatile at best, and devastating at its worst. The effects have tended to be most severe in the small, isolated towns of America. The Economic Survival of America's Isolated Small Towns presents a detailed discussion of the economic challenges facing these small towns, looking at why some have survived, while others have not. Through 51 case studies, this book gives a voice to the real, living realities and administrative strategies of small-town America. The Economic Survival of America's Isolated Small Towns focuses on towns that have fewer than 10,000 residents and are further than 50 miles from another larger city. Based on interviews with the leaders of 51 small towns, the author shows how to plan and implement economic growth strategies, equally applicable to those communities that are trying to retain their strength as to those that are trying to rebuild following a downturn. The case studies convey, from one town leader to the other, which actions fail and which succeed. Following the case studies, the author presents concluding thoughts, looking at topics such as: Relevance of lessons learned in micropolitan cities (population 10,000–50,000) to small, isolated towns Impact of enabling technologies on small-town survival Advantages to employers in small, isolated towns Feasibility for small towns to build the required facilities and infrastructure that might attract potential employers Whether it is beneficial for the US to prop up struggling small towns artificially The Economic Survival of America's Isolated Small Towns aims to present basic lessons learned by these small-town leaders that can benefit leaders in other towns as they confront similar issues and situations. Those charged with establishing public policy—either at the federal or state levels—should find the conclusions valuable as they plan for the next generation of public economic policies.
Download or read book The Local Economy Solution written by Michael Shuman and published by Chelsea Green Publishing. This book was released on 2015-06-09 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reinventing economic development as if small business mattered In cities and towns across the nation, economic development is at a crossroads. A growing body of evidence has proven that its current cornerstone—incentives to attract and retain large, globally mobile businesses—is a dead end. Even those programs that focus on local business, through buy-local initiatives, for example, depend on ongoing support from government or philanthropy. The entire practice of economic development has become ineffective and unaffordable and is in need of a makeover. The Local Economy Solution suggests an alternative approach in which states and cities nurture a new generation of special kinds of businesses that help local businesses grow. These cutting-edge companies, which Shuman calls “pollinator businesses,” are creating jobs and the conditions for future economic growth, and doing so in self-financing ways. Pollinator businesses are especially important to communities that are struggling to lift themselves up in a period of economic austerity, when municipal budgets are being slashed. They also promote locally owned businesses that increase local self-reliance and evince high labor and environmental standards. The book includes nearly two dozen case studies of successful pollinator businesses that are creatively facilitating business and neighborhood improvements, entrepreneurship, local purchasing, local investing, and profitable business partnerships. Examples include Main Street Genome (which provides invaluable data to improve local business performance), Supportland (which is developing a powerful loyalty card for local businesses), and Fledge (a business accelerator that finances itself through royalty payments). It also shows how the right kinds of public policy can encourage the spread of pollinator businesses at virtually no cost.
Download or read book Remaking Regional Economies written by Susan Christopherson and published by Routledge. This book was released on 2020-08-18 with total page 131 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner of the 2009 Regional Studies Association Best Book Award! Since the early 1980s, the region has been central to thinking about the emerging character of the global economy. In fields as diverse as business management, industrial relations, economic geography, sociology, and planning, the regional scale has emerged as an organizing concept for interpretations of economic change. This book is both a critique of the "new regionalism" and a return to the "regional question," including all of its concerns with equity and uneven development. It will challenge researchers and students to consider the region as a central scale of action in the global economy, and at the core of the book are case studies of two industries that rely on skilled, innovative, and flexible workers - the optics and imaging industry and the film and television industry. Combined with this is a discussion of the regions that constitute their production centers. The authors’ intensive research on photonics and entertainment media firms, both large and small, leads them to question some basic assumptions behind the new regionalism and to develop an alternative framework for understanding regional economic development policy. Finally, there is a re-examination of what the regional question means for the concept of the learning region. This book draws on the rich contemporary literature on the region but also addresses theoretical questions that preceded "the new regionalism." It will contribute to teaching and research in a range of social science disciplines and this new paperback edition will also make the book more accessible to students and researchers in those disciplines, those individuals who will influence the re-structuring economies of the 21st century.
Download or read book Developing Locally written by Alaric Maude and published by . This book was released on 2003 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Throughout the developed world governments have invested substantial sums in local and regional economic development. This is the first book to provide a cross-national comparison and evaluation of regional development strategies, institutions and agencies.
Download or read book Transitions in Regional Economic Development written by Ivan Turok and published by Routledge. This book was released on 2018-10-18 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: At a time of extraordinary challenges confronting the world, this book analyses some of the profound changes occurring in the development of cities and regions. It discusses the uncertainties associated with the stalling of hyper-globalization and asks whether this creates opportunities for resurgent regional economies driven by local capabilities, resource efficiencies and domestic production. Theory and evidence on socio-economic and environmental transitions underway in many regions are brought together. Implications of the shifting balance of global power towards emerging economies in the East are explored, along with the consequences of urbanization in the global South for politics and democracy. Dilemmas surrounding migration are also discussed, including whether incomers displace local workers and depress wages, or bring benefits in the form of know-how, new technology and investment. More integrative concepts of the region and theories of regional development are analysed, recognising the role of human capital, knowledge, innovation, finance, infrastructure and institutions. This was originally published as a special issue of Regional Studies.
Download or read book The Regional World written by Michael Storper and published by Guilford Press. This book was released on 1997-10-31 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: This pioneering volume proposes a compelling new theory of how regions have sustained their economic viability in the era of multinational corporations. Unlike traditional approaches, which analyze economic systems in terms of their mechanics (inputs, outputs, prices, technology, etc.), this work views them as systems for coordinating human actions and relationships. Reconceptualizing the role of learning, technology, and local institutions in development, Storper illuminates the key role of regional economies as building blocks of the increasingly connected world. A thought-provoking and timely work, The Regional World carries resounding implications for educators, students, and policymakers in economic geography, economic sociology, and international business. It is an essential primary or supplementary text for graduate-level courses on economic, regional, or industrial development and policy and international business.
Download or read book Governing Local and Regional Economies written by Andrew Wood and published by Ashgate Publishing, Ltd.. This book was released on 2004 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past decade, the study of cities and regions has been marked by an increased concern with institutions and their relationship to economic and political change. This 'institutional turn' has been particularly prominent in studies of local and regional economic governance. This book brings together internationally renowned authors from a variety of disciplinary backgrounds to take critical stock of the field, assess the merits and limits of the 'institutional turn', and examine directions for future work. Drawing together a range of theoretical and empirical contributions, the book seeks to move forward the debate on institutions and their relationship to local and regional governance. The individual chapters examine the theoretical underpinnings of institutionalist work, the critical relationship between institutions, collaboration and local and regional economic performance, as well as questions of local and regional economic governance and its politics.
Download or read book Handbook of Local and Regional Development written by Andy Pike and published by Taylor & Francis. This book was released on 2011 with total page 642 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This indispensible Handbook is one-stop shopping for any course on regional or urban development. Those seeking to understand how regions can develop or transform their economies in an increasingly competitive global environment must read the groundbreaking analyses assembled by Pike, Rodriguez, and Tomaney." Joan Fitzgerald, Professor of Urban Policy and Directo, Law, Policy and Society Program, Northeastern University, Boston, USA. "A must read for all those wanting seriously to understand spatial patterns in development and to engage in the difficult art of modern local and regional development policy. Conceptual foundations, governance and the tools of policy delivery are revealed by cleverly bringing together theoretical advances in different fields." Fabrizio Barca, Director General, Ministry of Finance and Economy, Italy. "A comprehensive review of the theory and practice of local and regional development, emphasizing the capabilities, learning and governance, with a robustly comparative and international perspective, edited by major scholars in the field." Michael Storper, Professor of Economic Geography, London School of Economics; Professor of Economic Sociology, Sciences Po, Paris and Professor of Urban Planning, UCLA, USA. "This is a path-breaking collection of cutting-edge thinking on local and regional development written by a large number of influential scholars whose collective wisdom has clearly defined this important field of enquiry. The work sets a new benchmark for understanding scholarship and practice." Henry Yeung, Professor of Economic Geography, National University of Singapore, Singapore. The Handbook of Local and Regional Development provides a comprehensive statement and reference point for local and regional development. The scope of this Handbook's coverage and contributions engages with and reflects upon the politics and policy of how we think about and practise local and regional development, encouraging dialogue across the disciplinary barriers between notions of `Local and Regional Development' in the Global North and `Development Studies' in the Global South. This Handbook is organized into seven inter-related sections, with an introductory chapter setting out the rationale, aims and structure of the Handbook. Section I situates local and regional development in its global context. Section II establishes the key issues in understanding the principles and values that help us define what is meant by local and regional development. Section III critically reviews the current diversity and variety of conceptual and theoretical approaches to local and regional development. Section IV address questions of government and governance. Section V connects critically with the array of contemporary approaches to local and regional development policy. Section VI is an explicitly global review of perspectives on local and regional development from Africa, Asia-Pacific, Europe, Latin and North America. Section VII provides reflection and discussion of the futures for local and regional development in an international and multidisciplinary context. With over 40 contributions from leading international scholars in the field, this Handbook provides critical reviews and appraisals of current state-of-the-art conceptual and theoretical approaches and future developments in local and regional development.
Download or read book Local Economic Development written by John P. Blair and published by SAGE. This book was released on 2008-07-03 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive introduction to the economics of local economic development. The approach is people centered and recognizes contributions from other social sciences.
Download or read book Invention Reinvention written by Mary Lindenstein Walshok and published by Stanford University Press. This book was released on 2013-12-02 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: “A fascinating story of regeneration. Using a social history perspective over different periods, it offers a wonderful case study of urban reinvention.” —Shiri M. Breznitz, Economic Geography Formerly prosperous cities across the United States, struggling to keep up with an increasingly global economy and the continued decline of post-war industries like manufacturing, face the issue of how to adapt to today’s knowledge economy. In Invention and Reinvention, authors Mary Walshok and Abraham Shragge chronicle San Diego’s transformation from a small West Coast settlement to a booming military metropolis and then to a successful innovation hub. This instructive story of a second-tier city that transformed its core economic identity can serve as a rich case and a model for similar regions. Stressing the role that cultural values and social dynamics played in its transition, the authors discern five distinct, recurring factors upon which San Diego capitalized at key junctures in its economic growth. San Diego—though not always a star city—has been able to repurpose its assets and realign its economic development strategies continuously in order to sustain prosperity. Chronicling over a century of adaptation, this book offers a lively and penetrating tale of how one city reinvented itself to meet the demands of today’s economy, lighting the way for others. “This is an important, pioneering book that contributes to our unique understanding of how one place, San Diego, has achieved what most places want: the capacity to evolve and meet the challenges of a constantly changing global economic environment. Walshok and Shragge help us understand why some places thrive while others wither.” —David B. Audretsch, author of Everything in Its Place
Download or read book The Rise and Fall of Urban Economies written by Michael Storper and published by Stanford University Press. This book was released on 2015-09-02 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today, the Bay Area is home to the most successful knowledge economy in America, while Los Angeles has fallen progressively further behind its neighbor to the north and a number of other American metropolises. Yet, in 1970, experts would have predicted that L.A. would outpace San Francisco in population, income, economic power, and influence. The usual factors used to explain urban growth—luck, immigration, local economic policies, and the pool of skilled labor—do not account for the contrast between the two cities and their fates. So what does? The Rise and Fall of Urban Economies challenges many of the conventional notions about economic development and sheds new light on its workings. The authors argue that it is essential to understand the interactions of three major components—economic specialization, human capital formation, and institutional factors—to determine how well a regional economy will cope with new opportunities and challenges. Drawing on economics, sociology, political science, and geography, they argue that the economic development of metropolitan regions hinges on previously underexplored capacities for organizational change in firms, networks of people, and networks of leaders. By studying San Francisco and Los Angeles in unprecedented levels of depth, this book extracts lessons for the field of economic development studies and urban regions around the world.
Download or read book Reinventing State Capitalism written by Aldo Musacchio and published by Harvard University Press. This book was released on 2014-04-22 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: The wave of liberalization that swept world markets in the 1980s and 90s altered the ways that governments manage their economies. Reinventing State Capitalism analyzes the rise of new species of state capitalism in which governments interact with private investors either as majority or minority shareholders in publicly-traded corporations or as financial backers of purely private firms (the so-called "national champions"). Focusing on a detailed quantitative assessment of Brazil's economic performance from 1976 to 2009, Aldo Musacchio and Sergio Lazzarini examine how these models of state capitalism influence corporate investment and performance. According to one model, the state acts as a majority investor, granting the state-owned enterprise (SOE) financial autonomy and allowing professional management. This form, the authors argue, has reduced many agency problems commonly faced by state ownership. According to another hybrid model, the state uses sovereign wealth funds, holding companies, and development banks to acquire a small share of equity ownership in a corporation, thereby potentially alleviating capital constraints and leveraging latent capabilities. Both models have benefits and costs. Yet neither model has entirely eliminated the temptation of governments to intervene in the operation of natural resource industries and other large strategic enterprises. Nevertheless, the longstanding debate over whether private ownership is superior or inferior to state capitalism has become irrelevant, Musacchio and Lazzarini conclude. Private ownership is now mingled with state capital on a global scale.
Download or read book Economic Revitalization written by Joan Fitzgerald and published by SAGE Publications. This book was released on 2002-03-19 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Economic Revitalization: Cases and Strategies for City and Suburb Fitzgerald and Leigh answer the need for a text that incorporates social justice and sustainability into how we think about and practice economic development. It is one of the first to talk about how revitalization strategies are implemented in both cities and suburbs, particularly inner-ring suburbs that are experiencing decline previously associated only with inner-city neighborhoods. After setting the context with a brief history of economic development practice and its shortcomings, Fitzgerald and Leigh focus on six economic development strategies: sectoral strategies, Brownfield redevelopment, industrial retention, commercial revitalization, industrial and office property reuse, and workforce development.
