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Reinventing Local and Regional Economies

Author: Gerald L. Gordon

Publisher: CRC Press

Published: 2011-09-26

Total Pages: 395

ISBN-13: 146650871X

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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.

Book Synopsis Reinventing Local and Regional Economies by : Gerald L. Gordon

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.

Reinventing Local and Regional Economies

Author: Gerald L. Gordon

Publisher: CRC Press

Published: 2011-09-28

Total Pages: 395

ISBN-13: 1439846243

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Book Synopsis Reinventing Local and Regional Economies by : Gerald L. Gordon

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.

Understanding Local Economic Development

Author: Emil Malizia

Publisher: Routledge

Published: 2020-10-05

Total Pages: 282

ISBN-13: 1000193993

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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.

Book Synopsis Understanding Local Economic Development by : Emil Malizia

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.

The New Regional Economies

Author: William R. Barnes

Publisher: SAGE Publications

Published: 1997-09-02

Total Pages: 209

ISBN-13: 1452249946

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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.

Book Synopsis The New Regional Economies by : William R. Barnes

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.

The Economic Survival of America's Isolated Small Towns

Author: Gerald L. Gordon

Publisher: CRC Press

Published: 2015-06-26

Total Pages: 263

ISBN-13: 1482248832

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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 sur

Book Synopsis The Economic Survival of America's Isolated Small Towns by : Gerald L. Gordon

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 sur

The Local Economy Solution

Author: Michael Shuman

Publisher: Chelsea Green Publishing

Published: 2015-06-09

Total Pages: 250

ISBN-13: 1603585761

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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.

Book Synopsis The Local Economy Solution by : Michael Shuman

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.

Remaking Regional Economies

Author: Susan Christopherson

Publisher: Routledge

Published: 2020-08-18

Total Pages: 131

ISBN-13: 100015940X

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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.

Book Synopsis Remaking Regional Economies by : Susan Christopherson

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.

Developing Locally

Author: Alaric Maude

Publisher:

Published: 2003

Total Pages: 209

ISBN-13: 9781447302025

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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.

Book Synopsis Developing Locally by : Alaric Maude

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.

Transitions in Regional Economic Development

Author: Ivan Turok

Publisher: Routledge

Published: 2018-10-18

Total Pages: 379

ISBN-13: 1351387782

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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.

Book Synopsis Transitions in Regional Economic Development by : Ivan Turok

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.

The Regional World

Author: Michael Storper

Publisher: Guilford Press

Published: 1997-10-31

Total Pages: 356

ISBN-13: 9781572303157

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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.

Book Synopsis The Regional World by : Michael Storper

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.