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Reconsidering Private Sector Engagement in Subnational Economic Governance

Bibliographic Data

ID4139892
AuthorsStephen Syrett (0000-0003-1965-6256, Middlesex University, corresponding author), Marcello Bertotti (0000-0003-3356-7129, Institute for Health and Human Development, University of East London, Water Lane, London E15 4LZ, England, corresponding author)
Year2012
Volume44
Issue10
Pages2310-2326
Publication date2012-10-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueEnvironment and Planning A Economy and Space (JOURNAL)
Journal identifiersISSN: 0308-518X • E-ISSN: 1472-3409
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1068/a44675
OpenAlexW2134935890
LanguageEN
Citations received4
References cited39

One consequence of the economic downturn and pressure for public sector reform is a renewed focus upon private sector engagement (PSE) within subnational economic governance. Yet past attempts to promote PSE within urban and regional development policy and governance have been routinely characterised by the partial and uneven involvement of business interests. Adopting a strategic-relational approach, and building upon insights from the developing literature on business-society relations, this paper critically examines how PSE unfolded in a specific spatial and temporal context, through empirical investigation of the evolution of the City Growth Strategy as realised within two areas in London. This analysis explores the difference between policy script and business performance and identifies key dimensions of material self-interest, nonmarket-based rationales, and divergent private/public discourses as critical to the selective nature of emergent PSE strategies and tactics. Critically, these issues remain largely unaddressed within current moves to put in place a private sector led subnational agenda, with clear consequences for understanding its likely impact across differentially constituted urban and regional contexts

Business sector · Corporate governance · Economic growth · Economics · Empirical evidence · Geography · Management · Political science · Private sector · Public sector · Community Development and Social Impact · Public Policy and Administration Research · Public-Private Partnership Projects

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Unique citing works4
Citations per year0,33
Citation span2014 - 2021 (8)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 4

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