Urban Economic Development: A New Battleground

In: Dissent: a journal devoted to radical ideas and the values of socialism and democracy, Band 36, S. 15-17

Abstract

Traditional urban economic development policies are oriented toward economic growth. These policies assume that growth of private investment & employment is the only goal of development policy. A few cities are implementing economic development policy based on a "social return" model, ie, one that targets unmet social needs & looks for a social return on public investment. Examples include linkage of downtown development with low-income housing & setting aside jobs for minority residents on city-based construction projects. AA