Though local governments have long tried to shape their economies,
Congressional passage of the Urban Development Action Grant in 1977
prompted public officials to develop highly focused inducements to
entice new businesses to locate to their community. These economic
development incentives often include, but are not limited to, 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 to the field
and information on how to set up the staff economic development
organizations. An overview of the development process is next,
including a review of the incentives available. The application of
public-private partnerships is covered in depth, using primarily
case studies of successful programs. The future of economic
development programs is also examined.
General
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