Local Economic Development Policies
This chapter seeks to provide useful advice for local government policy towards economic development programs. The chapter: reviews the size and scope of local economic development programs in the United States; critically analyzes the various rationales offered for these programs; makes recommendations for what local policy should do about business attraction and incentives, business retention, new business development, high technology development, brownfield development, distressed neighborhoods, and downtowns; and discusses how local economic development programs should be organized, managed, and evaluated.
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|Date of creation:||Jan 2003|
|Date of revision:|
|Note:||A revised version of this paper appears as "Economic Development" in J. Richard Aronson and Eli Schwartz, eds. 2004. Management Policies in Local Government Finance (5th Ed.). Washington, DC: International City/County Management Association, pp. 355-390.|
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