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Book Cover
Book
Author Blakely, Edward James, 1938-, author

Title Planning local economic development : theory and practice / Nancey Green Leigh, Georgia Institute of Technology, Edward J. Blakely, The University of Sydney
Edition 6th edition
Published Los Angeles : SAGE, [2017]

Copies

Location Call no. Vol. Availability
 MELB  338.973 Bla/Ple 2017  AVAILABLE
Description xxii, 508 pages : illustrations, maps ; 23 cm
Contents Machine generated contents note: Local Economic Development Planning in the Face of Globalization -- The Influence of Outsourcing and Insourcing -- Networks -- The Geography of the New Economy -- Economic Developments 1.1: The New Economy -- People and Places Left Out of the New Economy -- Growing Income and Earnings Inequality -- Growing Racial Inequality -- Economic Developments 1.2: What Is Happening To The Middle Class? -- The Working Poor -- The Decline in Good Jobs -- The Rise of the Foreign-Born Population -- Prison Populations -- Economic Developments 1.3: Five Keys Charter School Provides Education Access To Prisoners In California -- Growing Spatial Inequality -- Increasing Metropolitan Inequality -- Increasing Rural Inequality -- Shaping Global Warming: The U.S. Economic Engine -- The Future of Local Economic Development Planning -- References and Suggested Readings -- Three Approaches to National Economic Policy -- Monetary and Tax Policy -- Trade Policy --
Contents note continued: Welfare to Workfare Policy -- Health Care Policy -- Employment Policy -- National Policy Targeting Local Economic Development -- Economic Developments 2.1: Crisis And Response: Lasting Effects Of The Great Recession -- Coordination of Local and National Development Efforts -- State Economic Development Approaches -- Phases of Economic Development -- Challenges and Opportunities Inherent in Economic Development Policy Making -- Conclusion -- Economic Developments 2.2: Natural Disasters' Impacts On Economic Development -- Appendix 2.1: Economic Development Funding by Major Federal Agencies (in millions of dollars) -- Notes -- References and Suggested Readings -- Defining Local Economic Development -- Theories of Growth and Development -- Neoclassical Economic Theory -- Economic Base Theory -- Product Cycle Theory -- Location Theories -- Central Place Theory -- Translating Theory Into Practice -- Attraction Models -- New Markets Model --
Contents note continued: Theories, Models, and Fads in Local Economic Development Planning -- The Continued Evolution of Economic Development Theory Into Local Practice -- Locality -- Business and the Economic Base -- Employment Resources -- Community Resources -- Conclusion -- Appendix 3.1: Summary of Economic Development Theories -- Notes -- References and Suggested Readings -- The Role of the Economic Development Practitioner -- The Community -- The Organization -- The Task Functions -- The Clients -- The Professional Roles -- Economic Development Careers -- Summary and Conclusion -- References and Suggested Readings -- Preliminary Tasks of Local Economic Development Planning -- Identifying the Planners -- Determining Geographic Scope -- The Six Phases of Planning -- Managing Planning Resources in the Community -- Determining the Physical Environment -- Facing the Regulatory Environment as a Planning Resource -- Preparing the Attitudinal Environment --
Contents note continued: Selecting a Local Economic Development Role -- Entrepreneur or Developer -- Coordinator -- Facilitator -- Stimulator -- Typology of Planning Approaches -- Recruitment Planning (Preactive) -- Impact Planning (Reactive) -- Contingency Planning (Interactive) -- Strategic Planning (Proactive) -- Features of Local Economic Development Planning -- Targeting Zones of Action -- Building Community-Level Institutions for Development -- Expanding Local Ownership -- Merging the Resources of the Social Welfare System -- Linking Employment and Economic Development Policies and Programs -- Building Quality Jobs -- Public-Private Venturing -- Conclusion -- Putting It All Together: Creating a Local Economic Development Strategy (Part 1) -- PLED Problem Solving 5.1: Case Study, Part 1 -- References and Suggested Readings -- Information and Analytical Requirements for Local Economic Development Planning -- Understanding an Economy's Strengths and Weaknesses --
Contents note continued: The Economic Profile -- Demographics -- Quality of Life -- Income and Wages -- Labor Force Characteristics -- Business Establishments by Industry Sector and Employment Size -- International Linkages -- Research Base and Higher Education Resources -- Transportation, Utilities, Taxes, Land/Building Availability, and Environmental Regulations -- Building on Comparisons -- Gathering Available Descriptive Data -- Local Agencies and Individuals -- Industrial Classifications -- Occupational Data -- Census of the Population -- Employer Reports -- Private Data -- Examining Analytical Techniques -- Economic Base Analysis as a Foundation for Economic Development Planning -- Location Quotients for Base Analysis -- Data Requirements for Location Quotients -- The Growing Parts of a Local Economy: Understanding Where Jobs Will Be in the Future -- Rationale for a Dynamic Analysis -- Analysis Tool: Shift-Share Analysis -- Principles of Economic Projections --
Contents note continued: How Do Changes Multiply Through the Economy? -- The Concept of Cumulative Change -- Analysis Tool: Input-Output Analysis -- Using Input-Output Analysis in Local Economic Development -- Identifying Industrial Clusters: The Most Important Parts of the Local Economy -- Local Networks of Buying and Selling -- Analysis Tool: Cluster Analysis -- Cincinnati USA Partnership Cluster Work 8 Years Later -- PLED Problem Solving 6.1: Cluster Case Study: Cincinnati, Ohio, Metropolitan Area -- Using Clusters in Local Economic Analysis -- Social Network Analysis -- Conclusion -- Putting It All Together: Creating a Local Economic Development Strategy (Part 2) -- PLED Problem Solving 6.2: Case Study, Part 2 -- Notes -- References and Suggested Readings -- The Goals of Local Economic Development -- Achieve Local Economic Stability -- Build a Diverse Economic and Employment Base -- Promote Local Sustainability -- Prerequisites for Successful Strategy Formulation --
Contents note continued: Selecting Strategic Options -- The Locality Development Strategy Option (the Built Environment Dimension) -- The Business Development Strategy Option (the Demand Side) -- The Human Resource Development Option (the Supply Side) -- Economic Development Plans Within the Context of Comprehensive Plans -- The Community-Based Employment Development Strategy Option (the Neighborhood Dimension) -- Common Traps in Strategy Formulation -- Assembling the Elements of a Strategy -- Target Characteristics -- Methods of Development -- Forms of Local Organization -- Time Frame -- Projects From Strategies -- Describing Project Outcomes -- Specifying Strategic Resources -- Plan Financing and Implementation -- Conclusion -- References and Suggested Readings -- The Link Between Economic Development and Urban Design -- Landbanking and Community Land Trusts -- Brownfield Redevelopment: A Priority of Locality Development --
Contents note continued: Physical Infrastructure Development on Industrial and Commercial Land -- Speculative Buildings -- Zoning Regulations -- Business Improvement Districts -- Regulatory Improvement Through Simplification -- Townscaping -- Shopsteading -- Housing and Neighborhood Improvement -- Household Services -- Community Services -- Economic Developments 8.1: University-Led Revitalization Strategies -- PLED Problem Solving 8.1: Community Building Through Ownership -- PLED Problem Solving 8.2: Revitalizing The Center -- PLED Problem Solving 8.3: The Portside Plan -- Conclusion -- References and Suggested Readings -- Creating a Good Business Climate -- Entrepreneur Development and Economic Gardening -- Entrepreneurial Community Program: Growing an Economic Garden -- One-Stop Business Assistance Centers -- Start-Up and Venture Financing Companies and Development Banks -- Small Business Development Centers -- Microenterprise -- Women's Enterprises --
Contents note continued: Promotion and Tourism Programs -- Research and Development -- Enterprise Zones -- Incentivizing or Subsidizing Local Economic Development? -- U.S. Versus International Perspectives -- Economic Developments 9.1: #Subsidizing Twitter -- Economic Developments 9.2: Roasted By Regulation: Starbucks Coffee's Selective Tax Advantages In The Netherlands -- Conclusion -- Economic Developments 9.3: Targeting Retail Gaps In A Low- To Moderate-Income City -- Economic Developments 9.4: Mobile Entrepreneurs: Portland Food Carts -- Economic Developments 9.5: Small-Town Ideas Spur Big-Time Manufacturing Growth -- PLED Problem Solving 9.1: Community-Based Business -- PLED Problem Solving 9.2: A Small Town Determines Its Own Destiny -- PLED Problem Solving 9.3: An Incubator As A Revitalization Tool -- Notes -- References and Suggested Readings -- Workforce Development -- Realities of an Undertrained Workforce -- Public Role in Workforce Development --
Contents note continued: Goals of Human Resource Programs -- Matching Human Resource Programs and Economic Development Objectives -- Workforce Investment Boards -- First-Source or Targeted Hiring Agreements -- Employment Maintenance -- Skill Banks -- Training Programs -- Customized Training -- Competency-Based Training -- Comprehensive Training to Meet Social Needs -- Youth Enterprise -- University-Industry Technology Transfer -- Self-Employment Initiatives -- Career Ladders -- Disabled Persons Skills Development -- Education as the Foundation of Human Resource Development -- Implementation of a Human Resource Development Strategy -- Economic Developments 10.1: Betting On Downtown Las Vegas -- Economic Developments 10.2: A Holistic Approach To Workforce Development -- Economic Developments 10.3: The Inverclyde Training Trust -- Economic Developments 10.4: The Mark Of The Maker Movement -- PLED Problem Solving 10.1: Employment Planning As Economic Development --
Contents note continued: PLED Problem Solving 10.2: Young Need A Job-Make Your Own! -- Conclusion -- References and Suggested Readings -- Economic Developments 11.1: Brownfield Redevelopment Principles To Prevent Neighborhood Gentrification -- Community Development Corporations -- Institutional Advantages of Community Development Corporations -- Challenges for Community Economic Development -- Community Reinvestment Programs -- Community Cooperatives -- Local Enterprise Agencies -- Employee/Worker Ownerships -- Employee Stock Ownership Plans -- Worker Cooperatives -- Leadership in Energy and Environmental Design for Neighborhood Development -- Targeting and Marketing Neighborhood/Community Assets -- Identification of the Community's Long-Term Goals -- Marketing of the Community -- Incentives and Community Benefits Agreements -- The Community Prospectus: A Means of Communicating the Qualities of Your Community -- Local Government's Role in Community Economic Development --
Contents note continued: Conclusion -- Economic Developments 11.2: East Gateway District: Bridging The Gap Between Community And Economic Development -- PLED Problem Solving 11.1: Workers As Owners -- PLED Problem Solving 11.2: A Community Finds A Business -- PLED Problem Solving 11.3: New Freedom House -- References and Suggested Readings -- Public-Private Partnerships -- Marketing Community -- Components of Good Community Marketing Analysis and Designing a Marketing Plan -- Community (City or Neighborhood) Marketing Plan -- Economic Developments 12.1: Marketing Tools For Communicating A Community's Assets To The Marketplace -- Project Financing -- Project Viability Assessment -- Community Viability -- Locational Viability -- Commercial Viability -- Implementation Viability -- Sustainability Assessment -- Detailed Feasibility Analysis -- Market Analysis -- Financial Analysis -- Break-Even Analysis -- Development of Financial Scenarios -- Cash Flow Analysis --
Contents note continued: The Profit and Loss Statement -- The Corporate Shift to Sustainability -- Project Sustainability -- Cash Flow Projections -- The Projected Return on Investment Ratio -- Cost-Benefit Analysis -- Organizational Design -- Using the Feasibility Study -- Business Plan Preparation -- Monitoring and Evaluation Program -- Criteria to Be Used in Evaluation -- Evaluation Techniques -- Time Schedules for Conducting the Evaluation -- Budget for Evaluation -- Organization and Staff Requirements for Evaluation -- Conclusion -- Note -- References and Suggested Readings -- Organizational Requirements for Local Development -- Public-Private Partnerships -- The Economic Development Specialist -- Institutional Approaches to Local Economic Development -- A Typology of Development Organizations -- Economic Development Agencies as Units of Local Government -- Independent Private Development Agencies -- Economic Development Corporations -- Summary of Institutional Approaches --
Contents note continued: Conclusion -- References and Suggested Readings -- Finding Solutions Through Innovation and Technology -- The Technology Development Process -- Advanced Technology Regional Choice Model -- Fostering the Advanced Technology Community -- Human Resources -- Education and Research Facilities -- Environmental Quality and Community Amenities -- Business and Support Institutions -- Enterprise or Incubator Facilities -- Advanced Manufacturing and Clean Technology -- Resiliency in Local Economic Development -- Local Economic Development Planning for Resiliency -- Economic Developments 14.1: A Path Toward More Resilient Cities -- PLED Problem Solving 14.1: Community Resilience: The Next Stage In Business Community Thinking? -- Conclusion: The Future of Local Economic Development Planning -- Four Strategies to Foster Structural Change in Local Economic Development Planning and Practice -- The Way Forward -- Notes -- References and Suggested Readings
Summary "Written by authors with years of academic, regional, and city planning experience, this classic text 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"--Publisher's website
Bibliography Includes bibliographical references and index
Subject Industrial promotion -- United States
Community development -- United States
Economic development
Author Leigh, Nancey Green, author
LC no. 2016028647
ISBN 9781506363998 (pbk. : alk. paper)