Urban Economic Development


Book Description




Unlocking the Potential of Post-Industrial Cities


Book Description

How can urban leaders in Baltimore, Cleveland, Detroit, Philadelphia, Pittsburgh, and St. Louis make the smart choices that can lead their city to make a comeback? The urban centers of New York City, Seattle, and San Francisco have enjoyed tremendous economic success and population growth in recent years. At the same time, cities like Baltimore and Detroit have experienced population loss and economic decline. People living in these cities are not enjoying the American Dream of upward mobility. How can post-industrial cities struggling with crime, pollution, poverty, and economic decline make a comeback? In Unlocking the Potential of Post-Industrial Cities, Matthew E. Kahn and Mac McComas explore why some people and places thrive during a time of growing economic inequality and polarization—and some don't. They examine six underperforming cities—Baltimore, Cleveland, Detroit, Philadelphia, Pittsburgh, and St. Louis—that have struggled from 1970 to present. Drawing from the field of urban economics, Kahn and McComas ask how the public and private sectors can craft policies and make investments that create safe, green cities where young people reach their full potential. The authors analyze long-run economic and demographic trends. They also highlight recent lessons from urban economics in labor market demand and supply, neighborhood quality of life, and local governance while scrutinizing strategies to lift people out of poverty. These cities are all at a fork in the road. Depending on choices made today, they could enjoy a significant comeback—but only if local leaders are open to experimentation and innovation while being honest about failure and constructive evaluation. Unlocking the Potential of Post-Industrial Cities provides a roadmap for how urban policy makers, community members, and practitioners in the public and private sector can work together with researchers to discover how all cities can solve the most pressing modern urban challenges.




The Public Wealth of Cities


Book Description

How to leverage existing resources to meet the current and future needs of cities Crumbling streets and bridges. Poorly performing schools and inadequate social services. These are common complaints in cities, which too often struggle just to keep the lights on, much less make the long-term investments necessary for future generations. It doesn’t have to be this way. This book by two internationally recognized experts in public finance describes a new way of restoring economic vitality and financial stability to cities, using steps that already have been proven remarkably successful. The key is unlocking social, human, and economic wealth that cities already own but is out of sight—or “hidden.” A focus on existing public wealth helps to shift attention and resources from short-term spending to longer-term investments that can vastly raise the quality of life for many generations of urban residents. A crucial first step is to understand a city’s balance sheet—too few cities comprehend how valuable a working tool this can be. With this in hand, taxpayers, politicians, and investors can better recognize the long-term consequences of political decisions and make choices that mobilize real returns rather than rely on more taxes, debt, or austerity. Another hidden asset is real estate. Even poor cities own large swathes of poorly utilized land, or they control underperforming utilities and other commercial assets. Most cities could more than double their investments with smarter use of these commercial assets. Managing the city’s assets smartly through the authors’ proposed Urban Wealth Funds—at arm’s-length from short-term political influence—will enable cities to ramp up much needed infrastructure investments.




Competitive Cities


Book Description

Competitive Citites is an assessment of the way in which `partnership', a word much used by politicians, has helped to shape the economic futures of four cities on both sides of the Atlantic - Atlanta, Toronto, Birmingham and Rotterdam.




Convergence


Book Description

Policy makers across the Middle East and North Africa have for many years articulated plans to integrate their people spatially and economically. Wishing to bring communities together and narrow economic gaps, governments have made large capital investments in transport corridors and “new cities.†? Hoping to provide jobs in places with little economic activity, governments have designated new industrial zones supported by spatially targeted business incentives. Yet the results of these place-based initiatives in MENA are limited. The disparities between capital cities and lagging areas, and between richer and poorer quarters of cities, remain stark. Across much of the region, a fortunate few are connected to opportunity, while many more people are marginal to the formal economy—or live outside it, seemingly forgotten. Why have place-based spatial initiatives in MENA countries largely underdelivered, not yielding more sustainable jobs and growth? Although the challenges are many and vary across the region, this book explains that many of these place-based policies get one thing wrong: they attempt to treat inequity‘s spatial and physical symptoms, not its causes. This book presents the five roots causes of spatial inequity in institutional inefficiencies across MENA—urban regulatory frictions, credentialist education systems, centralized control over local public services, barriers to the spatial mobility of goods and people, and barriers to market entry and lopsided business environments—within cities, within countries, and across national borders







Place-making and Policies for Competitive Cities


Book Description

Urban policy makers are increasingly striving to strengthen the economic competitiveness of their cities. Currently, they do that mainly in the field of the creative knowledge economy - arts, media, entertainment, creative business services, architecture, publishing, design; and ICT, R&D, finance, and law. This book is about the policies that help to realise such objectives: policies driven by classic location theory, cluster policies, ‘creative class’ policies aimed at attracting talent, as well as policies that connect to pathways, place and personal networks. The experiences and policy strategies of 13 city-regions across Europe have been investigated: Amsterdam, Barcelona, Birmingham, Budapest, Dublin, Helsinki, Leipzig, Milan, Munich, Poznan, Riga, Sofia and Toulouse. All have different histories and roles: capital cities and secondary cities; cities with different economies and industries; port-based cities and land-locked cities. And all 13 have different cultural, political and welfare state traditions. Through this wide set of contexts, Place-making and Policies for Competitive Citiescontributes to the debate about the development of creative knowledge cities, their economic growth and competitiveness and advocates the development of context-sensitive tailored approaches. Chapter authors from the 13 European cities rigorously evaluate, reformulate and test assumptions behind old and new policies. This solidly-grounded and policy-focused study on the urban policy of place-making highlights practices for different contexts in managing knowledge-intensive cities and, by drawing on the varied experiences from across Europe, it establishes the state-of-the-art for both academic and policy debates in a fast-moving field.




Renewing Cities


Book Description

The cities of Lowell and New Bedford in Massachusetts, Jamestown in New York, and McKeesport in Pennsylvania have all undergone years of adversity and decline, their economic bases having been badly damaged by structural changes in the national economy, particularly in the manufacturing sector. In situations like these, can local development efforts make a difference? Ross Gittell answers in the affirmative. This interdisciplinary work focuses on comparative case studies of the four cities. The book reveals how public, private, and community-based local economic development initiatives affect local economic performance: what works and what does not work. City leaders and institutions can help reorganize and "reshuffle" local resources, with results that include increased investment, greater effort by local individuals and institutions, more cooperation among different development interests, and improvement in city economic positioning relative to the regional economy and local development cycles. Gittell emphasizes the possibility of shifting from a "zero-sum game" (attracting jobs from elsewhere) toward the goal of converting underutilized local resources to higher-value uses through alternative forms of economic and political organization. Originally published in 1992. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.




Accessibility, Diversity, Equity and Inclusion in the Cultural Sector


Book Description

Advocating for the immersion of ADEI practices into the heart of art organizations, this title links theory, practice and context as a way to further enrich cultural communities and wield the deeply human power of art for real human impact.