Local economies are the building blocks for national ones. An
updated and expansive core text, the Second Edition of Local
Economic Development: Analysis, Practices, and Globalization
provides a comprehensive introduction to the economics of local
economic development. Delving into cutting-edge topics such as
cluster analysis, creative class orientation, competitive
advantage, social capital, business expansion and retention, and
learning regions, this clearly written interdisciplinary text
connects theories with real-life examples and offers the reader
pragmatic tools for future application, including a valuable how-to
understanding regarding important qualitative tools and their
interpretation.
Importantly, this text is uniquely accessible to students who
lack a background in the field of economics.
New to this Edition
Offers a global emphasis: Local economic development is clearly
linked to national development throughout, making the text useful
for adding an international component to traditional national
economic development courses.Features an institutionalist focus:
The text describes the ways political and the social environments
interact with and influence the local development process, giving
instructors opportunities to localize course material. It also
addresses equity issues and the importance of interregional
linkages, demonstrating the importance of an interdisciplinary
approach.Demonstrates comparative versus competitive advantages:
The author illustrates the changing perceptions of the sources of
local advantages, given the dynamic global and technological
environments. Provides valuable information on careers in the
field: Students will learn about jobs where knowledge of local
economic development is a primary or useful requirement, from
opportunities as development officials in local agencies to banking
to community development.
Intended AudienceThis is an ideal core text for undergraduate
and graduate students of economics, political science, geography,
public administration, and urban and regional planning. It is also
a valuable resource for economic development professionals, NGOs,
County Commissioner offices and others involved in the economic
aspects of local economic development.
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