Progressive Economic Development Policies

A Square PED in a Round Hole

Dados Bibliográficos

ID6404785
AutoresLaura A Reese (0000-0003-4217-970X, University of Waterloo, Waterloo, ON, Canada, autor correspondente), Pierre Filion (0000-0002-7538-6441, University of Waterloo), Gary Sands (Wayne State University, Detroit, MI, USA)
Ano2021
Volume57
Fascículo5
Páginas1410-1441
Data de publicação2021-09-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoUrban Affairs Review (JOURNAL)
Identificadores do periódicoISSN: 1078-0874 • E-ISSN: 1552-8332
EditoraSAGE Publications Inc (PUBLISHER)
DOI10.1177/1078087419886362
OpenAlexW2985299557
IdiomaEN
Citações recebidas8
Referências citadas81

It has become increasingly difficult to define progressive municipalities and progressive economic development. Conceptions of “local economic development” tied to neoliberal agendas are often narrow, focusing on efforts to offset perceived disadvantages of a location. Many traditional incentive policies result in a transfer of wealth from the public to the private sector. In this article, we consider whether the introduction of progressive economic development policies into the present neoliberal context might result in improved outcomes in terms of increased equity and democratic empowerment. However, progressive policies in one sector of intervention can yield nonprogressive outcomes in another. We conclude that progressive economic development policies are likely an oxymoron and recommend a complete reconceptualization of what “economic development” means

Context (archaeology · Development economics · Economic growth · Economics · Empowerment · Incentive · Market economy · Oxymoron · Private sector · Cultural Industries and Urban Development · Fiscal Policy and Economic Growth · Regional Economics and Spatial Analysis