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Planning Local Economic Development

Planning Local Economic Development
Theory and Practice

Sixth Edition
  • Nancey Green Leigh - Georgia Institute of Technology, USA
  • Edward J. Blakely - The University of Sydney, Australia, University of Southern California, USA, New School University, New York, USA, University of California, Berkeley, USA

December 2016 | 536 pages | SAGE Publications, Inc
Written by authors with years of academic, regional, and city planning experience, this classic text has laid the foundation for practitioners and academics working in planning and policy development for generations. With deeper coverage of sustainability and resiliency, the new Sixth Edition explores the theories of local economic development while addressing the issues and opportunities faced by cities, towns, and local entities in crafting their economic destinies within the global economy. Nancey Green Leigh and Edward J. Blakely provide a thoroughly up-to-date exploration of planning processes, analytical techniques and data, and locality, business, and human resource development, as well as advanced technology and sustainable economic development strategies.

Chapter 1 The Enduring Argument for Local Economic Development Planning
Local Economic Development Planning in the Face of Globalization  
The Influence of Outsourcing and Insourcing  
People and Places Left Out of the New Economy  
The Future of Local Economic Development Planning  
References and Suggested Readings  
Chapter 2 The Influence of National and State Policies on Local Economic Development
Three Approaches to National Economic Policy  
Monetary and Tax Policy  
Trade Policy  
Welfare to Workfare Policy  
Health Care Policy  
Employment Policy  
National Policy Targeting Local Economic Development  
Coordination of Local and National Development Efforts  
State Economic Development Approaches  
Challenges and Opportunities Inherent in Economic Development Policy Making  
References and Suggested Readings  
Chapter 3 Concepts and Theory of Local Economic Development
Defining Local Economic Development  
Theories of Growth and Development  
Translating Theory Into Practice  
Theories, Models, and Fads In Local Economic Development Planning  
The Continued Evolution of Economic Development Theory Into Local Practice  
References and Suggested Readings  
Chapter 4 The Local Economic Development Profession and Professionals
The Role of the Economic Development Practitioner  
The Task Functions  
The Clients  
The Professional Roles  
Economic Development Careers  
Summary and Conclusion  
References and Suggested Readings  
Chapter 5 The Local Economic Development Planning Process
Preliminary Tasks of Local Economic Development Planning  
The Six Phases of Planning  
Managing Planning Resources in the Community  
Selecting a Local Economic Development Role  
Typology of Planning Approaches  
Features of Local Economic Development Planning  
Putting It All Together: Creating a Local Economic Development Strategy (Part I)  
References and Suggested Readings  
Chapter 6 Introduction to Analytical Methods for Local Economic Development Planning
Information and Analytical Requirements for Local Economic Development Planning  
Understanding an Economy’s Strengths and Weaknesses  
The Economic Profile  
Building On Comparisons  
Gathering Available Descriptive Data  
Occupational Data  
Employer Reports  
Examining Analytical Techniques  
Principles of Economic Projections  
How Do Changes Multiply Through the Economy?  
Identifying Industrial Clusters: The Most Important Parts of the Local Economy  
Putting It All Together: Creating a Local Economic Development Strategy (Part II)  
References and Suggested Readings  
Chapter 7 Local Economic Development Strategy
The Goals of Local Economic Development  
Prerequisites for Successful Strategy Formulation  
Selecting Strategic Options  
Economic Development Plans Within the Context of Comprehensive Plans  
Common Traps In Strategy Formulation  
Assembling the Elements of a Strategy  
Projects from Strategies  
Plan Financing and Implementation  
References and Suggested Readings  
Chapter 8 Locality Development
The Link Between Economic Development and Urban Design  
Landbanking and Community Land Trusts  
Physical Infrastructure Development on Industrial and Commercial Land  
Speculative Buildings  
Zoning Regulations  
Business Improvement Districts  
Regulatory Improvement Through Simplification  
Housing and Neighborhood Improvement  
Household Services  
Community Services  
References and Suggested Readings  
Chapter 9 Business Development
Creating a Good Business Climate  
Entrepreneur Development and Economic Gardening  
One-Stop Business Assistance Centers  
Start-Up and Venture Financing Companies and Development Banks  
Small Business Development Centers  
Women’s Enterprises  
Promotion and Tourism Programs  
Research and Development  
Enterprise Zones  
Incentivizing or Subsidizing Local Economic Development?  
References and Suggested Readings  
Chapter 10 Human Resource Development
Workforce Development  
Realities of an Undertrained Workforce  
Public Role in Workforce Development  
Goals of Human Resource Programs  
Matching Human Resource Programs and Economic Development Objectives  
Education as the Foundation of Human Resource Development  
Implementation of a Human Resource Development Strategy  
References and Suggested Readings  
Chapter 11 Community Economic Development
Community Development Corporations  
Community Cooperatives  
Local Enterprise Agencies  
Employee/Worker Ownership  
Leadership in Energy and Environmental Design for Neighborhood Development  
Targeting and Marketing Neighborhood/Community Assets  
References and Suggested Readings  
Chapter 12 Building the Implementation Plan
Public–Private Partnerships  
Marketing Community  
Project Financing  
Assessing Project Viability  
Sustainability Analysis  
Detailed Feasibility Analysis  
Cash Flow Analysis  
Project Sustainability  
Organizational Design  
Monitoring And Evaluation Program  
References And Suggested Readings  
Chapter 13 Institutional Approaches to Local Economic Development
Organizational Requirements For Local Development  
Public–Private Partnerships  
The Economic Development Specialist  
Institutional Approaches To Local Economic Development  
A Typology Of Development Organizations  
References And Suggested Readings  
Chapter 14 Local Economic Development Planning’s Response to A Global Economy and Climate-Challenged Planet
Finding Solutions Through Innovation and Technology  
The Technology Development Process  
Fostering The Advanced-Technology Community  
Advanced Manufacturing and Clean Technology  
Resiliency in Local Economic Development  
Local Economic Development Planning for Resiliency  
Conclusion: The Future of Local Economic Development Planning  
References and Suggested Readings  

“Leigh and Blakely’s Planning Local Economic Development is the gold standard for texts in local economic development.  The book provides excellent breadth and depth of conceptual and analytical frameworks in the field of economic development while also integrating applied case materials.  My students appreciate the accessible writing style and the applied nature of the book, which generates class discussion of key concepts.”

Russell Mills
Bowling Green State University

Planning Local Economic Development: Theory and Practice is the authoritative and comprehensive text for students of economic development planning and policy. The authors, leading scholars of the urban planning field, present an engaging and lively introduction to the field. The book strikes a perfect balance between theory and practice. Highly recommended.”

Thomas Vicino
Northeastern University

Planning Local Economic Development: Theory and Practice is one of the most functional textbooks on the market. The key issues are covered in easy to read chapters. There is enough information to inform the students without overwhelming them. Students and faculty will both want to make this part of their permanent library.”

Michael Collins
Liberty University

“Nancey Green Leigh and Edward Blakely’s Planning Local Economic Development: Theory and Practice is an engaging text.  I’ve used this book over the years both as a student and as a professor.  Each edition gets stronger and adds additional value to understanding a topic as complex as local economic development.”

Marcus Mauldin
The University of Tennessee at Chattanooga

Planning Local Economic Development: Theory and Practice provides readers with a hands-on approach to learning economic development.  In as much as it provides the theoretical basis for working in the field, it also presents the challenges associated with the everyday economic, social, and political realities of planning local economic development.” 

Brent Hales
University of Minnesota - Twin Cities
Key features
  • New section in the chapter on Business Development on “Incentivizing or Subsidizing Economic Development?”
  • Increased focus on practice of local economic development outside the U.S.
  • New and revised case studies, now named “Economic Developments” and “PLED Problem Solving,” which broaden the geographic and topical focus of local economic development planning.
  • Updated statistics and discussion of economic development challenges for marginalized groups and regions, including new educational and employment opportunities for formerly incarcerated populations.
  • Updated discussion on national policies that affect local economies, such as health care mandates and federal expenditures on local economic development.
  • National and international examples of regulations on financial subsidies used primarily for business attraction and expansion.
  • Examples of techniques to maintain or recover large- or small-scale local manufacturing.
  • Addresses the challenges to and next steps for local economic development planning since the weak and uneven recovery following the Great Recession.
  • Focuses on sustainability and resiliency tactics for local economic development success such as inner city revitalization, LEED neighborhood design, as well as innovative planning strategies for climate change adaptation.
  • Emphasizes bridging the gap between community and economic development through data-driven needs assessments, public-private partnerships, and community engagement.
  • Expands on training intermediaries as a catalytic force for local economic development.
  • Explores inner-city revitalization strategies that may lead to gentrification and displacement of existing residents.

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