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The City Development Company model: The implications for economic development

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  • Gulliver, Stuart

Abstract

The paper presents a description, analysis and critique of the City Development Company (CDC). It starts with the origins of the model in the 'rediscovery' of the city as an engine of regional and national growth. The paper goes on to identify the lineage of the CDC as a form of special purpose vehicle and its emergence as a policy idea. It describes the key characteristics of CDCs and seeks to identify the emerging principles of a 'new' economic development which underpins CDCs. The paper concludes by considering what needs to happen now.

Suggested Citation

  • Gulliver, Stuart, 2008. "The City Development Company model: The implications for economic development," Journal of Urban Regeneration and Renewal, Henry Stewart Publications, vol. 1(3), pages 286-296, March.
    • Handle: RePEc:aza:jurr00:y:2008:v:1:i:3:p:286-296
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    More about this item

    Keywords

    City; development; mechanism; competitiveness; intervention; delivery;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z33 - Other Special Topics - - Tourism Economics - - - Marketing and Finance

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