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Equity and Local Economic Development

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  • Norman Krumholz

    (Cleveland State University)

Abstract

Planning for local economic development assumes a rational systematic process in which goals are set, strategies weighed, and technical studies undertaken. But most economic development practitioners spend little time on planning, and much on sales, marketing and public relations. In the process, public planners often become arms of the private development process. There is also little empirical evidence to support the claims that local economic development subsidies fulfill their public purpose by creating jobs for city residents, net tax increases for local treasuries or revitalization for city neighborhoods. Subsidies are used, projects are built, but poverty and joblessness increase. This article concludes with suggestions for a more equitable and effective local economic development process.

Suggested Citation

  • Norman Krumholz, 1991. "Equity and Local Economic Development," Economic Development Quarterly, , vol. 5(4), pages 291-300, November.
    • Handle: RePEc:sae:ecdequ:v:5:y:1991:i:4:p:291-300
    DOI: 10.1177/089124249100500401
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    Cited by:

    1. Janet Hammer & Gary Pivo, 2017. "The Triple Bottom Line and Sustainable Economic Development Theory and Practice," Economic Development Quarterly, , vol. 31(1), pages 25-36, February.
    2. Elizabeth J. Mueller & Alex Schwartz, 1998. "Leaving Poverty through Work: A Review of Current Development Strategies," Economic Development Quarterly, , vol. 12(2), pages 166-180, May.
    3. Hyunsang Ha & In Won Lee & Richard C. Feiock, 2016. "Organizational Network Activities for Local Economic Development," Economic Development Quarterly, , vol. 30(1), pages 15-31, February.
    4. DeLysa Burnier, 1998. "Economic Development and the Politics of Place, Empowerment, and Social Justice: A Review Essay," Economic Development Quarterly, , vol. 12(4), pages 385-391, November.
    5. Michael B. Teitz, 1997. "American Planning in the 1990s: Part II, The Dilemma of the Cities," Urban Studies, Urban Studies Journal Limited, vol. 34(5-6), pages 775-795, May.

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