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The Enterprise Culture and the Inner City (Paperback, New)
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The Enterprise Culture and the Inner City (Paperback, New)
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Throughout the 1980s and into the 1990s, policy for inner city
regeneration underwent a transformation from a reliance on central
and local government activity and the use of public funds, to a
much heavier dependence on private sector activities and private
investment. This strategy was based on a conviction on the part of
government that the "engine of enterprise" could achieve in the
inner cities what local government had failed to do. It consisted
of using relatively small amounts of public resources as incentives
to attract commerce, business and industry back to designated
sectors in or near to inner city areas. Regeneration would be
development-led; enterprise activity would burgeon in the old
wastelands; jobs would be created; the "inner city economies" would
be revitalized and a dependent population energized by the culture
of enterprise.
"The Enterprise Culture and the Inner City" evaluates the
effectiveness of this strategy in alleviating urban deprivation. By
examining four case studies--two urban development corporations,
one local government-private sector, and one purely private
development--the authors make detailed analyses of job creation,
"leverage," impact on local residents and the "trickle effect" from
enterprise down to the urban deprived.
The study is especially valuable as the fruit of independent
scholarship, rather than funded research, in which the authors are
able to offer a vigorously independent and critical investigation
of government policy. By taking into account the result of the 1992
general election and the implications of the Olympia & York
Canary Wharf project, the authors present a tenable prediction for
the future of the inner city.
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