Changes in Economic Development Theory and Practice

Michael B. Teitz
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Michael B. Teitz: Department of City and Regional Planning, University of California, Berkeley, California 94720 USA

International Regional Science Review, 1993, vol. 16, issue 1-2, 101-106

Abstract: The theory and practice of local economic development has undergone a transformation in the United States over the past ten years. Instead of an emphasis on attracting outside investment in manufacturing, the new theory concentrates on enhancing a local community's ability to create and retain employment from within. Whether the new theory has indeed replaced the old, and whether it is effective in practice are questions that still remain.

Date: 1993
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Persistent link: https://EconPapers.repec.org/RePEc:sae:inrsre:v:16:y:1993:i:1-2:p:101-106

DOI: 10.1177/016001769401600105

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