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Global Economic Crisis and Local Economic Development : International cases and policy responses
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This innovative book offers a collaborative investigation of how to maintain economic development for local communities in the context of a global economic threat of the kind which erupted in 2008.
The book asks whether ‘localised’ models of economic development can still be regarded as commensurate with the broader trajectories of global capitalism, and whether alternatives still meaningfully exist. The volume brings together a range of international experts drawn from diverse disciplinary backgrounds; from economics, geography, history, management, politics and sociology. Conceptual overviews are combined with region specific case studies and policy appraisals in order to take the reader through the issues facing local economic development in the wake of the financial crisis, whether at the level of national regions, sub-regions, cities, or micro-communities. Faced with the difficult realities, and accepting that there is no ‘single best way’ which all regions or localities should follow, alternative pathways for a positive response are carefully considered. Particular features of this book are its sensitivity to the importance of environmental impacts when gauging the long term sustainability of alternate economic strategies, and the role which policies specifically organised around ‘greening’ can play in local economies.