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

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  • Paul Lawless

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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  • Paul Lawless, 2001. "Community economic development in urban and regional regeneration: unfolding potential or justifiable scepticism?," Environment and Planning C: Government and Policy, Pion Ltd, London, vol. 19(1), pages 135-155, February.
  • Handle: RePEc:pio:envirc:v:19:y:2001:i:1:p:135-155
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    Cited by:

    1. 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.
    2. Massimo FLORIO & Silvia VIGNETTI, 2003. "Cost-benefit analysis of infrastructure projects in an enlarged European Union: an incentive-oriented approach," Departmental Working Papers 2003-13, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.

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