Market Strategies as Policy Tools: The Search for Alternative Approaches to Urban Revitalization*

Richard C. Hula

Journal of Public Policy, 1984, vol. 4, issue 3, 181-207

Abstract: This paper explores a broad range of programs which claim to use market forces to generate urban development. It begins with a typology of program types based on a set of programmatic assumptions as to how markets can be manipulated. A series of alternative theoretical positions are then introduced which represent different visions of the market, urban development, and appropriate intervention techniques. It is asserted that each of the program types falls crudely into one of the theoretical perspectives. The paper concludes with the suggestion that program evaluation is relevant to issues other than whether the program ‘worked’. Evaluation can also serve as a test of internal assumptions on which the program is based. Finally, evaluation of concrete programs can be used to assess the relative power of alternative conceptualizations of development and of the market itself.

Date: 1984
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