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Planning Local Economic Development: Theory and Practice

Planning Local Economic Development: Theory and Practice


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About the Book

Since the appearance of the first edition in 1990, Planning Local Economic Development has become the foundation for an entire generation of planners and academics teaching planning. Building on the success of its predecessors, the Fourth Edition continues to explore the theories of local economic development and address the dilemmas communities face. The authors investigate planning processes, analytical techniques, business and human resource development, as well as high-technology economic development strategies. Written by authors with many years of academic, regional, and city planning experience, this book will prove invaluable to professors of economic development, urban studies, and public administration. Economic development specialists in local and municipal government, as well as nonprofit organizations, will also find this an essential reference. New to the Fourth Edition: - Completely revised and updated with current research - Provides more guidance oriented to third world readers - Includes more on issues of urban sustainability such as energy and brown field development - Contains added material on the redesign of neighborhoods for sustainable purposes to include new firms and recycling techniques and technologies as new economic engines

Table of Contents:
Preface Overview Chapter 1: The Enduring Argument for Local Economic Development Planning Local Economic Development Planning in the Face of Globalization The Influence of Outsourcing and Insourcing People and Places Left Out of the New Economy The Future of Local Economic Development Planning Chapter 2: The Influence of National and State Policies Influence on Local Economic Development Three Approaches to National Economic Policy Monetary and Tax Policy Trade Policy Welfare to Workfare Policy Health Care Policy Employment Policy National Policy Targeting Local Economic Development Coordination of Local and National Development Efforts State Economic Development Approaches Challenges and Opportunities Inherent in Economic Development Policy Making Conclusion Appendix Chapter 3: Concepts and Theory of Local Economic Development Defining Local Economic Development Theories of Growth and Development Translating Theory Into Practice Theories, Models, and Fads in Local Economic Development Planning The Continued Evolution of Economic Development Theory Into Local Practice Conclusion Chapter 4: The Local Economic Development Profession and Professionals The Role of The Economic Development Practitioner The Community The Organization The Task Functions The Clients The Professional Roles Economic Development Careers Conclusion Chapter 5: The Local Economic Development Planning Process Preliminary Tasks of Local Economic Development Planning The Six Phases of Planning Managing Planning Resources in the Community Selecting a Local Economic Development Role Typology of Planning Approaches Features of Local Economic Development Planning Conclusion Putting It All Together: Creating a Local Economic Development Strategy (Part I) Chapter 6: Introduction to Analytical Methods for Local Economic Development Planning Information and Analytical Requirements for Local Economic Development Planning Understanding an Economy′s Strengths and Weaknesses The Economic Profile Building on Comparisons Gathering Available Descriptive Data Examining Analytical Techniques Principles of Economic Projections Conclusion Putting It All Together: Creating a Local Economic Development Strategy (Part II) Chapter 7: Local Economic Development Strategy The Goals of Local Economic Development Prerequisites for Successful Strategy Formulation Selecting Strategic Options Economic Development Plans Within the Context of Comprehensive Plans Common Traps in Strategy Formulation Assembling the Elements of a Strategy Projects From Strategies Plan Financing and Implementation Conclusion Chapter 8: Locality Development Landbanking and Community Land Trusts 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 Conclusion Chapter 9: Business Development Creating a Good Business Climate Entrepreuneur Development and Economic Gardening One-Stop Business Assistance Centers Start-Up Venture Financing Companies and Development Banks Small Business Development Centers Micro-Enterprise Women′s Enterprises Promotion and Tourism Programs Research and Development Enterprise Zones The Use of Financial Incentives for Business Development Conclusion Chapter 10: Human Resource Development Workforce Development Realities of an Undertrained Workforce Public Role in Workforce Development Goals of Human Resource Programs Matching Human Resource Programs and Economic Development Objectives Education as the Foundation of Human Resource Development Implementing a Human Resource Development Strategy Conclusion Chapter 11: Community Economic Development Community Development Corporations Community Cooperatives Local Enterprise Agencies Employee/Worker Ownership Targeting and Marketing Neighborhood/Community Assets Conclusion Chapter 12: Building the Implementation Plan Public-Private Partnerships Marketing Community Project Financing Assessing Project Viability Detailed Feasibility Studies Developing Cash Flow Analysis Case Study Pro Forma Project Sustainability Organizational Design Monitoring and Evaluation Conclusion Chapter 13: Institutional Approaches for Local Economic Development Organizational Requirements for Local Development Public-Private Partnerships The Economic Development Specialist Institutional Approaches to Local Economic Development A Typology of Development Organizations Conclusion Chapter 14: Local Economic Development Planning′s Response to the Flatter and Climate Challenged World Finding Solutions Through Technology and Innovation The Technology Development Process Fostering The High-Tech Base Conclusion: The Future of Local Economic Development Planning Index About the Authors

About the Author :
Dr. Edward J. Blakely is Professor of Urban Policy in the United States Study Centre at the University of Sydney, Australia. He has held academic positions in teaching, research, academic administration, and economic development policy for more than 30 years, including Dean of the Robert J. Milano Graduate School of Management and Urban Policy and Dean of the University of Southern California School of Policy, Planning, and Development. He is a leading scholar and practitioner in the fields of planning and local economic development. Dr. Blakely served as a policy adviser to the mayor of Oakland and adviser to the Los Angeles Public School District. He was appointed by President Clinton as Vice Chair of the Presidio Trust, where he played a key role in the development of the former army base into a profitable civic facility. He has served on the Board of Directors of the American Planning Association, the Nature Conservancy, and Fulbright Association. In January 2007, Dr. Blakely was appointed by the Mayor of New Orleans to head the recovery effort following the devastation of Hurricane Katrina. Nancey Green Leigh is a Professor and PhD Program Director in the School of City and Regional Planning Program at the Georgia Institute of Technology. She is a Fellow of the American lnstitute of Certified Planners and Co-Editor of the Journal of Planning Education and Research. Leigh teaches, conducts research, and publishes in the areas of local economic development planning, urban and regional development, brownfield redevelopment, and sustainable urban industrial systems.She is the author of Stemming Middle Class Decline: The Challenge to Economic Development Planning, and coauthor (with Joan Fitzgerald) of Economic Revitalization: Cases and Strategies for City and Suburb. Some of the journals she has published in are Economic Development Quarterly, Journal of Planning Education and Research, Journal of the American Planning Association, Journal of Industrial Ecology, International Regional Science Review, Journal of Resource Conservation and Recycling, Growth and Change, Journal of Urban Technology, IEDC Economic Development Journal, and the Journal of Planning Literature. She obtained her B.A. in urban studies and a master′s in regional planning from the University of North Carolina at Chapel Hill, and a master′s in economics and a Ph.D. in city and regional planning from the University of California at Berkeley. She is a former Woodrow Wilson Fellow and Regents Fellow of the University of California at Berkeley and past Vice President of the Association of The Collegiate Schools of Planning.


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Product Details
  • ISBN-13: 9781412960939
  • Publisher: SAGE Publications Inc
  • Publisher Imprint: SAGE Publications Inc
  • Edition: Revised edition
  • Language: English
  • Returnable: N
  • Weight: 570 gr
  • ISBN-10: 1412960932
  • Publisher Date: 01 Oct 2009
  • Binding: Paperback
  • Height: 228 mm
  • No of Pages: 464
  • Sub Title: Theory and Practice
  • Width: 152 mm


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