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Planning Local Economic Development: Theory and Practice 6ed

by Nancey Leigh and Edward Blakely SAGE Publications, Inc
Pub Date:
Pbk 536 pages
AU$175.00 NZ$180.00

SAGE Student Price: AU$155.00

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Since the appearance of the first edition in 1990, has been the foundation for an entire generation of practitioners and academics working in planning and policy development. Written by authors with years of academic, regional, and city planning experience, the book has been used widely in graduate economic development, urban studies, nonprofit management, and public administration courses. Now thoroughly updated for the challenges of the 21st century with deeper coverage of sustainability and resiliency, the 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.

Authors 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.

Key Features

• Includes new "Economic Developments" feature and "Planning Local Economic Development Problem Solving" feature

• Addresses the challenges to local economic development planning posed by the weak recovery to the Great Recession

• Introduces social network analysis

• Covers the importance of urban design for local economic development success and the potential of LEED neighborhood design

• Expands the focus on public-private partnerships and community marketing for implementing economic development plans

• Includes numerous case studies and illustrations

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

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.” 
Nancey Green Leigh - Georgia Institute of Technology

Edward J. Blakely - The University of Sydney, Australia, University of Southern California, New School University, New York, USA, University of California, Berkeley