Summary
Contents
Subject index
In Economic Revitalization: Cases and Strategies for City and Suburb Fitzgerald and Leigh answer the need for a text that incorporates social justice and sustainability into how we think about and practice economic development. It is one of the first to talk about how revitalization strategies are implemented in both cities and suburbs, particularly inner-ring suburbs that are experiencing decline previously associated only with inner-city neighborhoods. After setting the context with a brief history of economic development practice and its shortcomings, Fitzgerald and Leigh focus on six economic development strategies: sectoral strategies, Brownfield redevelopment, industrial retention, commercial revitalization, industrial and office property reuse, and workforce development.
Sectoral Strategies for Local Economic Development
Sectoral Strategies for Local Economic Development
Sectoral strategies identify industries or occupations that are a significant source of employment in a local economy and create an environment in which they can grow. The strength of this approach is it focuses economic development efforts on stable or growth industries, allowing economic development practitioners to consider all aspects of an industry's health such as land and facilities, technology adoption, financing, workforce development, marketing, infrastructure, and transportation. As an approach that increases standards of living by creating well-paying jobs, sectoral strategies are receiving considerable attention in both economic and workforce development circles. Indeed, in a field where practice is defined as “Shoot anything that flies, claim anything that falls” (Rubin, 1988), strategies focused ...
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