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Financing economic development

By: Material type: TextTextPublication details: London; Sage Publication; 1990Description: 315pISBN:
  • 803935722
Subject(s): DDC classification:
  • 332 FIN
Summary: The recession and concerns over industrial competitiveness in the 1980s generated public concern about job retention and creation, leading to state and local programs designed to stimulate local economic development. As a new, rapidly growing field, local economic development literature proliferated but has not provided a comprehensive source for the field. Several questions are of particular concern: What are the major financing mechanisms for economic development? How do they actually work? How does one evaluate their effectiveness? Financing Economic Development is a comprehensive resource which describes the major mechanisms available for financing economic development. The chapters describe financing tools or programs in some detail; provide one or more examples of how they work; classify the tool according to various approaches; and come to an evaluative conclusion about the utility and effectiveness of the mechanisms for economic development. A documentation of institutional innovation by state and local government, this volume shows how governments-across the United States are working with private sector financiers, thereby allowing private intermediaries to invest in new enterprises.
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The recession and concerns over industrial competitiveness in the 1980s generated public concern about job retention and creation, leading to state and local programs designed to stimulate local economic development. As a new, rapidly growing field, local economic development literature proliferated but has not provided a comprehensive source for the field. Several questions are of particular concern: What are the major financing mechanisms for economic development? How do they actually work? How does one evaluate their effectiveness?

Financing Economic Development is a comprehensive resource which describes the major mechanisms available for financing economic development. The chapters describe financing tools or programs in some detail; provide one or more examples of how they work; classify the tool according to various approaches; and come to an evaluative conclusion about the utility and effectiveness of the mechanisms for economic development.

A documentation of institutional innovation by state and local government, this volume shows how governments-across the United States are working with private sector financiers, thereby allowing private intermediaries to invest in new enterprises.

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