The conversation is turning now to how certain cities responded to economic development initiatives. International Economic Development Council (IEDC) President and CEO just gave Philadelphia some recognition for being one of the best cities at putting instruments in place to carry out an urban economic development agenda. (Go Philly!)
Click "Continue Reading" to learn how other cities dealt with their challenges.
Mr. D. Kenneth Patton, an urban pioneer from New York is challenging that contention about Philly by giving a long list of ways in which that city responded to the difficulties facing cities in the 1960s and 70s. That list includes opening a film office to encourage movie making in the city and setting up an economic development office in city hall.
A representative from Detroit, Mr. Kenneth Dobson, described that city's use of the "Philadelphia model" to bring together public and private (government and corporate) to supplement federal economic development dollars to try and deal with Detroit's challenges. His point seems to be that while many things continued to decline in Detroit, the response at the time (1970s) - to create these links between the major employers in the city and the city's government - succeeded in, for example, keeping GM's world headquarters in Detroit.
Mr. Patton, from New York, added that during his time working on economic development in that city, they're motto was "things should happen faster because there's a government, not in spite of the government." Essentially, the government takes a lot of the risk and puts in the early money, removing some of that risk from the developers who can then step in and use their money to transform formerly-industrial land into usable commercial and residential space. I think that NTI was intended to do this in Philadelphia but failed because government didn't quite remove itself as an obstacle to development.
Comments (6)
I loved the post! really enjoyed it, If you need a hand with your SEO just let me know
Posted by seo link building | November 13, 2011 10:19 AM
Great post really enjoyed it mate :) If you ever need some help with SEO let me know
Posted by the power of edu backlinks | November 23, 2011 9:24 AM
I loved the post! really enjoyed it, If you need a hand with your SEO just let me know
Posted by lil wyane new song | November 27, 2011 11:43 AM
I loved the post! really enjoyed it, If you need a hand with your SEO just let me know
Posted by lil wyane new song | November 27, 2011 11:59 AM
This paragraph is related to website programming is in fact fastidious in favor of me as I am website developer. Thanks for sharing keep it up.
Posted by best carinsurance | January 18, 2012 2:06 PM
Hi to all, I am also actually eager of learning PHP programming, however I am new one, I every time used to examine posts related to PHP programming.
Posted by cheap carinsurance | January 19, 2012 7:48 AM