Economic Development in Local Government
A Handbook for Public Officials and Citizens
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About the Book
Since the late 1970s, Congressional legislation has prompted officials to develop inducements to entice new businesses to their communities. These economic development incentives often include land subsidies, low interest financing, flexible zoning laws and infrastructure improvements. The 37 articles in this work, written by some of the leading experts in the field, examine all aspects of economic development, including a general introduction and information on how to staff various economic development organizations. The application of public-private partnerships is covered in depth, primarily using case studies of success stories.
About the Author(s)
Bibliographic Details
Edited by Roger L. Kemp
Format: softcover (6 x 9)
Pages: 358
Bibliographic Info: tables, notes, references, index
Copyright Date: 2007 [1995]
pISBN: 978-0-7864-3251-6
Imprint: McFarland
Table of Contents
Acknowledgments vii
Preface 1
I: Introduction
1. Raising Revenues Without Increasing Taxes 7
2. Local Roles and Responsibilities 12
3. The Need for Community Self-Evaluation 18
4. The Difference Between Economic Developers and Planners 25
II: The Structure
5. Setting Up Shop for Economic Development 37
6. Community-Based Development Organizations 45
7. Business Improvement Districts 62
8. Downtown Managers 71
9. Public-Private Cooperation 75
III: The Process
10. General Planning 91
11. Capital Planning 94
12. Strategic Planning 105
13. Building Community Partnerships 109
14. Downtown Revitalization 115
15. Using Urban Renovations Experts 125
16. Rethinking Economic Development Planning 131
IV: The Incentives
17. Business Incubators 149
18. Community Reinvestment Act 157
19. Directing Capital to Small Firms 170
20. Enterprise Zones 181
21. Leveraging Private Investment 187
22. Public-Private Partnerships 192
23. Urban Infill Development 196
24. Ways to Revitalize Your Downtown 211
V: The Application
25. Communiy-Based Economic Development 219
26. Developing the Contaminated City 232
27. Diversifying the Local Economy 239
28. Inner-Harbor Development 246
29. Main Street Projects 250
30. Negotiating Business Developments 254
31. Organizing for Economic Development 269
32. Reforming Zoning Regulations 279
33. Salvaging Neighborhood Shopping Centers 286
VI: The Future
34. Alternatives to Shaping Tomorrow’s Cities 297
35. An Industry Approach to Sustainable Development 305
36. Downtowns in the Year 2040 312
37. How Business Is Reshaping America 322
About the Contributors 339
Index 341
Book Reviews & Awards
- “a useful smorgasbord”—Choice
- “makes the case that there can be substantial economic benefits…from encouraging private development…well worth studying”—Booklist
- “provides many examples and case studies”—Government Finance Review