Globalization, Planning and Local Economic Development

Andrew Beer is Dean, Research and Innovation at the University of South Australia Business School. He previously worked at the University of Adelaide and the Flinders University of South Australia, and holds a Bachelor of Arts from the University of Adelaide and a PhD from the Australian National University.Terry L. Clower is the North Virginia Chair and Professor of Public Policy at George Mason University’s Schar School of Policy and Government. He is also Director of GMU’s Center for Regional Analysis, the most widely recognized university-based regional economic research unit in the National Capital Region. Previously he was the Director of the Center for Economic Development and Research at the University of North Texas.

• List of figuresList of tablesList of boxesPrefaceAcknowledgmentsList of abbreviationsCHAPTER 1 Introduction1.1 Planning for economic development1.2 New models of thinking about local economic development1.3 Generating more prosperous communities1.4 ConclusionKey messagesCHAPTER 2 The challenge of local economic development2.1 San Diego2.2 Washington, DC 2.3 Chattanooga 2.4 Concordia, Kansas 2.5 Conclusion Key messages CHAPTER 3 Why places grow 3.1 Understanding the drivers of growth 3.2 The analysis of current growth patterns 3.3 Regional competitiveness 3.4 Conclusion 46Key messages 47CHAPTER 4 The components of local growth in the 21st century 4.1 Connectivity and the global economy 4.2 Innovation and the knowledge economy 4.3 Agglomeration economies – does size matter in the 21st century?4.4 Population processes and human capital4.5 Institutions and institutional dynamics4.6 Conclusion Key messages CHAPTER 5 Exogenous development: fast-tracking growth5.1 Exogenous or endogenous development? 5.2 Industrial recruitment and retention 5.3 Foreign direct investment 5.4 Assessing externally led growth 5.5 Conclusion Key messages CHAPTER 6 Endogenous development: building the economy from the ground up 6.1 Encouraging endogenous development 6.2 Conclusion Key messages CHAPTER 7 Amenity, branding and economic growth 7.1 Conclusion Key messages CHAPTER 8 Assessing the region and data-driven strategic economic development planning8.1 Data-driven economic development planning8.2 Data for economic development planning8.3 Methods of data analysis 8.4 Target industry analysis 8.5 Program evaluation 8.6 Conclusion Key messages CHAPTER 9 Planning and coordinating economic development 9.1 Strategic planning 9.2 Working with government agencies 9.3 Mobilizing community resources 9.4 Conclusion Key messages CHAPTER 10 Land use planning and economic development 10.1 Historical perspective 10.2 The mechanisms of land use regulation 10.3 Impacts of land use regulation on economic development 10.4 New urban designs and economic development 10.5 Summarizing the impacts of land use regulation on economic development 10.6 Conclusion Key messages CHAPTER 11 The profession of economic development 11.1 Economic development in global perspective 11.2 Professional associations 11.3 Employment opportunities 11.4 Conclusion Key messages CHAPTER 12 Future challenges and strategies in economic development 12.1 A future economy, the future of economic development practice 12.2 The e-economy and economic development 12.3 Conclusion Key messages Index

'Place matters! This red thread through this textbook written by two recognized scholars calls for active care and smart governance for cities and regions. This fine opus offers practical and pedagogical guidelines for professionals and students in urban and regional planning. Both the local and the global arena of competitiveness and of endogenous and external forces are systematically and comprehensively mapped out. This book is a great source of new insights in place-based policy strategies.' – Peter Nijkamp, Universiteit Jheronimus Academy of Data Science (JADS), The Netherlands'This book is highly recommended in understanding what is happening locally and globally in planning and economic development. It will be a hugely helpful source of information and insight for those going into – or already working in – careers in economic development, urban planning, transport planning, spatial data analysis and applied economic analysis, and indeed the wider world of public policy. Clear, well written, great coverage and with many interesting examples – a must-read.' – David Bailey, Aston Business School, Aston University, UK‘I strongly recommend this book to all those interested in better understanding economic development at the local, community or regional scales, as well as in accessing an updated and comprehensive toolkit of economic development knowledge, techniques and strategies.’ — Eduardo Medeiros, Instituto Universitário de Lisboa, Portugal, Regional Studies (2020)