Understanding Local Economic Development

by Emil E. Malizia, Edward J. Feser

Economic development encompasses a wide range of concerns. As practiced at the local level it is a technique-dominated field concerned with increasing jobs and the tax base, primarily by marketing the location to prospective and existing employers. The political culture in which most developers operate emphasizes short-term solutions. As such, the practice of economic development is strikingly similar across the United States as economic developers try to keep up with the competition.This book gives current and future economic developers and community leaders in the United States knowledge they can use to understand both the process and the practice of local economic development. The work presents an historical sketch of US development practice, as well as the fundamental definitions and concepts needed to understand economic development theory. It also discusses key theories of the local economic growth and development process.While most existing books on economic development theory are concerned with less-developed countries; the authors focus on the US from a practitioner's perspective. The book is organized to serve both as a text for in-service training or university courses and as a reference.

314 pages, Hardcover

First published August 1, 1999

Reviews

[CTEP]

Economic Development is, in many ways, what we do. This book outlines the basic theories behind much of the economic development in the US. It focuses strongly on economic theory and gives a good idea of what is going on behind a lot of economic policies. Even better, it is a critical examination of those theories and policies, which is refreshing.

Why should other corps members read/not read this book?

If you want a grounding in economic development theory, then this is a good book to start with. Alas, it is also incredibly dry and not really very entertaining.

[Ted · Rating 3 out of 5]

Definitely a dense, textbook type reading. It will be used for reference herein out.