Plant Closings: New Roles for Policymakers

John Portz
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John Portz: Northeastern University

Economic Development Quarterly, 1989, vol. 3, issue 1, 70-80

Abstract: Industrial plant closings pose significant policy concerns for state and local government officials. In response, policymakers have recently pursued a variety of proactive and interventionist strategies either to prevent a closing or to minimize negative consequences on a community. This article reviews various writings that describe two general strategies: a "hardball" approach in which policymakers use legal tools, such as closing notification laws and lawsuits, to alter a business's closing plans, and a "partnership" approach in which policy-makers work with a business firm, through financial or other forms of assistance, to prevent a closing or minimize negative consequences on the community.

Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:sae:ecdequ:v:3:y:1989:i:1:p:70-80

DOI: 10.1177/089124248900300108

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