Book
Understanding Local Economic Development, Second Edition
(2020)
Abstract
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 theory 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 book, however, provides them with a logical tool for thinking about development and establishing an independent basis on which the local consensus needed for evidence-based action undertaken in the public interest can be built.
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.
Keywords
- Regional Development Theory,
- State and local economic development policy,
- Economic Geography,
- Regional Planning
Disciplines
Publication Date
2020
Publisher
Routledge
ISBN
9780367815134
DOI
https://doi-org.silk.library.umass.edu/10.4324/9780367815134
Citation Information
Emil E Malizia, Edward Feser, Henry C Renski and Joshua Drucker. Understanding Local Economic Development, Second Edition. London(2020) Available at: http://works.bepress.com/henry_renski/16/