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Creating an Economic Development Action Plan - A Guide for Development Professionals, 2nd Edition (Paperback, 2nd Revised edition)
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Creating an Economic Development Action Plan - A Guide for Development Professionals, 2nd Edition (Paperback, 2nd Revised edition)
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Despite strong U.S. and Canadian economies, economic development
remains an important local governmental function, partly to
alleviate the persistent poverty that plagues some areas and partly
to compete with the activities of neighboring local governments.
Those cities, metropolitan areas, rural regions, and states that do
not plan effectively lose the battle for economic survival. Local
economic development has become a complex and challenging field,
with increasing numbers of planners specifically trained for the
task. Providing a useful guide for planners and students of
planning, this revised and updated edition of Lyons and Hamlin's
1990 book offers a framework for formulating an economic
development plan for a local community and explains several
emerging strategies. Stating that economic development planning
continues to focus too narrowly on job creation at the expense of
long-term goals, the authors focus on the secondary and long-term
effects of local development activities. Job creation, they claim,
should be the end product of a well-considered, comprehensive,
rational approach to economic development. The book looks at the
objectives of economic planning, offering a broad conception of
them, and considers the information needed to plan effectively.
Following a discussion of public-private partnership tools in the
U.S., the book shows how to translate objectives and data into a
program of action, then closes the loop of the planning cycle with
a description of program evaluation.
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