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Community economic development in urban and regional regeneration: unfolding potential or justifiable scepticism?

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  • Paul Lawless
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    Abstract

    In this paper I explore the scale of community economic development (CED) and the barriers impacting upon its evolution within an English region -- Yorkshire and The Humber. CED has been widely perceived by a range of policymakers as one mechanism through which to moderate the scale of economic decline in more disadvantaged localities. A number of funding sources, and in particular European Structural Funds, have increasingly allocated resources to creating and sustaining CED projects. But evidence from this region points to a very limited population of community businesses which undertake trading activities. Moreover, the sector is bedevilled by a series of constraints including those revolving around finance and partnership working. A number of policy developments could enhance the status and sustainability of CED projects, including a more structured approach towards the funding and operation of intermediary agencies. Even then, CED is likely to prove only a marginal player in economic reconversion. The scale of market failure in 'CED localities' points to the need for a more interventionist and collective approach to regeneration.

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    Bibliographic Info

    Article provided by Pion Ltd, London in its journal Environment and Planning C: Government and Policy.

    Volume (Year): 19 (2001)
    Issue (Month): 1 (February)
    Pages: 135-155

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    Handle: RePEc:pio:envirc:v:19:y:2001:i:1:p:135-155

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    Web page: http://www.pion.co.uk

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    Cited by:
    1. Massimo Florio & Silvia Vignetti, 2003. "Cost-benefit analysis of Infrastructure Projects in an Enlarged European Union: an Incentive-Oriented Approach," Development Working Papers 181, Centro Studi Luca d\'Agliano, University of Milano.
    2. Gomez, Georgina M. & Helmsing, A.H.J., 2008. "Selective Spatial Closure and Local Economic Development: What Do We Learn from the Argentine Local Currency Systems?," World Development, Elsevier, vol. 36(11), pages 2489-2511, November.

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