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Understanding Local Economic Development - Second Edition (Paperback, 2nd edition)
Loot Price: R1,187
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Understanding Local Economic Development - Second Edition (Paperback, 2nd edition)
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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 of these 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 text, however, provides
them with a logical tool for thinking about development and
establishing an independent basis from which to build the local
consensus needed for evidence-based action undertaken in the public
interest. 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.
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