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Delaware Valley Regional Planning Commission;
The Greater Philadelphia Economic Development Framework (Framework) was developed to satisfy provisions for a Comprehensive Economic Development Strategy (CEDS) for the Greater Philadelphia Region, encompassing portions of Pennsylvania, New Jersey, and Delaware. This document was developed according to provisions outlined in 13 CFR 303.7(c), Consideration of non- EDA funded CEDS, and was authored cooperatively with Select Greater Philadelphia and Ben Franklin Technology Partners. This Framework provides an overview of economic development in Greater Philadelphia, and includes a regional profile (including an historical overview, economic and demographic characteristics, the identification of 'distressed' communities as per EDA definition, and projected trends); a review of regional economic development organizations, programs, and resources; and summaries of key economic development documents, including numerous studies, reports, and analyses that have been developed over the last few years that provide insight into challenges and opportunities for economic growth in Greater Philadelphia. The report identifies regional economic development goals, objectives, and performance measures and includes a list of key economic development projects identified by the region's economic development and planning professionals as most likely to contribute towards meeting the identified goals and objectives.
Rural Sociological Society;
Community development and economic development in rural areas increasingly go hand in hand. Today, counterpoint to purely free market approaches to economic development -- in which large multinationals are the primary engines of change -- calls for more local decision-making and more locally based economic ventures. At the center of this new approach is strong community commitment to provide resources and information, overcome collective action problems, and improve the functioning of local labor markets. Enhancing community agency, or the capacity for collective action, therefore plays a significant role in effective community and economic development. Communities must focus on development both in communities (job creation, infrastructure improvement) and of communities (enhancing local problem-solving capacities). Kenneth Pigg and Ted Bradshaw, in their chapter in "Challenges for Rural America in the Twenty-First Century", outline a new model of community development, assembled from a collection of approaches. In this new "catalytic development" model, the emphasis is on mobilizing local talent and leveraging local resources and networks to find local solutions, and ultimately foster development in and of communities. This issue brief is a joint product of the Rural Sociological Society and the National Coalition for Rural Entrepreneurship, a collaboration of four Regional Rural Development Centers: The Northeast Regional Center for Rural Development, the Southern Rural Development Center, the North Central Regional Center for Rural Development, and the Western Rural Development Center. Funding was also made available from the Ford Foundation. This brief is part of a policy brief series by the Rural Sociological Society and the Regional Rural Development Centers that stresses the importance of community collective action and developing the capacity of people and organizations to meet the community's needs The Rural Sociological Society and the Regional Rural Development Centers creates new Public Policy Issue Brief series based on its recent book, "Challenges for Rural America in the Twenty-First Century". The briefs synthesize the context and substance of important issues raised in the book and address alternative policy options, with the goal of bringing important research to the policy community.
The United States is shifting to an information economy. Productive capability is no longer completely dependent on capital and equipment; information and knowledge assets are increasingly important. The result is a new challenge to the practice of local economic development. In this information economy, success comes from harnessing the information and knowledge assets of a community and from helping local businesses succeed in the new environment. Knowledge Management (KM) can provide the tools to help economic development practitioners accomplish that task. KM is a set of techniques and tools to uncover and utilize information and knowledge assets -- especially tacit knowledge. Economic development organizations can use KM tools to enhance external communications of local companies including marketing and to promote internal communications within local businesses and help companies capture tacit knowledge. More importantly, they can use those tools to uncover and develop local intellectual assets, including helping develop information products, and helping identify entrepreneurial and business opportunities. KM tools are also useful in developing local economic clusters. Finally, these tools can be used to enhance external knowledge sharing among the economic development community and to capture and share tacit knowledge within an economic development organization.
Public Policy Institute of California;
Analyzes the correlation between broadband expansion and economic growth in 1999-2006 by industry and area and its impact on wage, employment, and population growth. Explores the digital divide's causes and implications for economic development policy.
Delaware Valley Regional Planning Commission;
The development of the US economy has been fundamentally shaped by the availability of abundant, low-cost energy. There is growing consensus, however, that a major change in the global energy regime will impact the economy shortly. The question is not if, but rather how soon and how much. Efforts will be needed to create alternative energy sources, to increase energy efficiency, and to redesign major urban systems. Economic globalization may also be radically redirected as a new 'post-global' paradigm emerges which includes elements of both globalization and localization. To harness the economic potential of these changes, this report recommends that economic development entities in the Delaware Valley begin retooling their efforts. As part of a comprehensive economic development strategy for the region, this report also recommends making smarter transportation investments, coupling these investments with more sustainable land-use patterns, fostering clusters in emerging eco-industries, and maximizing the value of these initiatives by eco-branding the region as a sustainability center.
National Research University Higher School of Economics;
In the 1960s Mancur Olson and Samuel Huntington suggested that the positive correlation between per capita income and the level of sociopolitical destabilization that they detected for low and middle income countries might be partly accounted for by the growth of the inequality associated with the economic and technological development in these countries. The empirical tests we perform generally support this hypothesis, but they also identify certain limits for such an explanation. Our tests reveal for low and middle income countries a statistically significant correlation between GDP per capita and the economic inequality levels, butthis correlation is not particularly strong. Earlier we found for the same countries significantlystronger positive correlations between GDP per capita and some important components of sociopolitical destabilization, such as the intensity of political assassinations, general strikes and anti-government demonstrations. It is quite clear that the strong association betweenthe increase in the intensity of these components of sociopolitical destabilization and GDP per capita growth, can be explained by a much weaker tendency toward the growth of economicin equality only partly. In addition, our empirical tests suggest the presence of a certain threshold level of about 40 points on the Gini scale, after crossing which one can expect a radical increase in levels of sociopolitical destabilization in general, and the intensity of terrorist acts / guerrilla warfare and anti-government demonstrations in particular. According to the World Bank, the value of the Gini coefficient for Russia is now just in this zone, whichsuggests that the further growth of inequality in Russia could lead to an abrupt increase inpolitical destabilization.
Delaware Valley Regional Planning Commission;
The overall goal of this project is to foster communication, coordination and consistency between the goals and policies of the regional land use and transportation plans and economic development strategies among economic development and planning agency staff in southeastern Pennsylvania and southern New Jersey. (Bucks, Chester, Delaware, Montgomery, Philadelphia, Berks, Mercer, Camden, Burlington and Gloucester counties). The counties and municipalities of southeastern Pennsylvania and southern New Jersey have prepared comprehensive plans and adopted zoning ordinances to guide land use and development in their communities, including the need for expanded or improved sewer and water facilities and multi-modal transportation projects and services. Countywide economic development plans and action strategies have also been developed by various agencies, reflecting goals and policies to attract jobs and generate tax base growth, building upon current educational levels, worker skills and physical assets. A key context for this study is the requirement in the new Surface Transportation Act (SAFETEA-LU) calling for strengthened linkages between metropolitan planning organization land use and transportation plans and local economic development planning. The study includes an assessment of the context, participants and essential information for economic decision-making in the region. It informs planners about the organizations and structural relationships in place in the region where economic development planning occurs, and where that planning already interfaces with land use and transportation planning activities and programs. It also provides information about the economic development professionals in the region and their land use and transportation priorities. Priorities which have been incorporated into a set of key transportation investments and economic development and infrastructure projects that would help the region be a competitive player in the national and global marketplace in coming years. A key approach to help guide this assessment and the overall study was the establishment of a Land Use, Transportation and Economic Development (LUTED) data analysis, information-sharing and policy coordination forum and process. A process that supports a more integrated decision-making and information-sharing approach could serve as a coordinated planning template for pertinent state and local agencies in response to proposed economic development projects. LUTED will be an ongoing, outcome based effort in aligning DVPRC's planning and implementation activities and it will guide the region's investment strategy to achieve the vision and goals set forth by Connections 2035.
The report includes ten case studies of community finance initiatives in the US and the EU. These highlight the different features of community finance organisations, their target group and their core activities in order to identify what aspects of their operation are integral to creating successful interventions in deprived communities. The objective of these case studies is to highlight particular aspects of their activities and operating environment that are instructive for CDF in the UK.
Woodstock Institute provided case studies of US CDFIs.