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Strategies for Revitalizing Shrinking Cities

Author

Listed:
  • Karina Pallagst
  • Jakob Schackmar
  • René Fleschurz

Abstract

In the past decades many cities and regions underwent structural transformations – e.g. in old industrialized ‘rust belts’ or in peripheral rural areas. Many of these shrinking cities have to face the challenges of long-term demographic and economic changes. While in the USA, shrinkage is often related to postindustrial transformations in other countries like Germany for example, the causes are related to changing demographics with declining birth rates and the effects of the German reunification. Many cities have tried to combat shrinkage and have thus developed a variety of policies and strategies like establishing substitute industries. To assess the sustainability of this approach this presentation shows the results of investigations regarding the cities Cleveland/USA and Bochum/Germany in a comparative analysis following the most similar/most different research design. The research shows new development paths for shrinking cities.

Suggested Citation

  • Karina Pallagst & Jakob Schackmar & René Fleschurz, 2021. "Strategies for Revitalizing Shrinking Cities," ERES eres2021_161, European Real Estate Society (ERES).
  • Handle: RePEc:arz:wpaper:eres2021_161
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    File URL: https://eres.architexturez.net/doc/oai-eres-id-eres2021-161
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    More about this item

    Keywords

    comparative urban development; Land Use Change; Shrinking Cities; Sustainable Urban Development;
    All these keywords.

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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