Development Corporations and Authorities


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The Rise of the Public Authority


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In the late nineteenth century, public officials throughout the United States began to experiment with new methods of managing their local economies and meeting the infrastructure needs of a newly urban, industrial nation. Stymied by legal and financial barriers, they created a new class of quasi-public agencies called public authorities. Today these entities operate at all levels of government, and range from tiny operations like the Springfield Parking Authority in Massachusetts, which runs thirteen parking lots and garages, to mammoth enterprises like the Tennessee Valley Authority, with nearly twelve billion dollars in revenues each year. In The Rise of the Public Authority, Gail Radford recounts the history of these inscrutable agencies, examining how and why they were established, the varied forms they have taken, and how these pervasive but elusive mechanisms have molded our economy and politics over the past hundred years.







Investigation of Whitewater Development Corporation and Related Matters: Whether administration officials engaged in improper conduct with respect to investigations and inquiries relating to Whitewater Development Corporation, Capital Management Services, Madison Guaranty Savings & Loan, and related matters


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Local Economic and Employment Development (LEED) Organising Local Economic Development The Role of Development Agencies and Companies


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This book identifies how development agencies and companies work, what they do and how they can collaborate and what constitutes success and value added in their efforts to achieve local economic development.




The American Experiment with Government Corporations


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Both the failures and successes of those organizations occupying a middle ground between government bureaucracy and private corporations such as Amtrak, the Tennessee Valley Authority, the U.S. Postal Service, and the Maryland Stadium Authority are analyzed. Rather than come to some definitive conclusion about the effectiveness of this type of organization, the author attempts to use the examination to explore how an American "experimental society" searches for ways to best provide goods and services. Annotation copyrighted by Book News, Inc., Portland, OR.




The Development Business


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The Commonwealth development Corporation (CDC) was launched with all-party support as one of the initiatives to build a better post-war world. After a troubled start it earned its role as Britain's development agency. The chairmanship of Lord Reith in the 1950s left a legacy of robust independence within the public sector framework. Few public sector businesses escaped privatisation by the Conservative Governments of the 1980s and 1990s, yet CDC was exempted. The first privatisation announcement of the New Labour Government in 1997 was in respect of CDC and enabling legislation has since been passed to provide for a long-term public-private partnership. The compatibility of a continuing development role with meeting the requirements of investors is still controversial as CDC adapts its operations to those of a private equity fund for emerging economies. Sir Michael McWilliam has written a study of institutional transformation that reflects changing perceptions of the role of development agencies. His membership of the CDC Board and access to its records give authority to this appraisal and to the discussion of the proposed privatisation.