Local Economic Development

What is Proposed, What is Done, and What Difference Does it Make

Bibliographic Data

ID4833010
AuthorsPeter B Meyer (0000-0003-3599-1177, Institute of Economic Development, corresponding author)
Year1991
Volume10
Issue2-3
Pages172-180
Publication date1991-03-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueReview of Policy Research (JOURNAL)
Journal identifiersISSN: 1541-132X • E-ISSN: 1541-1338
PublisherWiley (PUBLISHER • GB)
DOI10.1111/j.1541-1338.1991.tb00105.x
OpenAlexW2032660395
LanguageEN
Citations received5
References cited9

This paper assesses the comparative policy insights gained from the articles in the symposium in terms of three dimensions: policies proposed, actions taken, and impacts scored. Local economic development interventions are classified in terms of a five-way categorization in terms of geographic breadth of action and reliance on complementary private action as a prerequisite to lasting impact. The nine symposium cases are then examined for their evidence on development efforts' accountability to the public and lessons about efficient use of public funds. The paper concludes that the cases demonstrate that most development efforts have wasted public funds, offering at best the limited success resulting from efforts to beggar neighboring local economics with which competition for development continues

Accountability · Categorization · Economics · Local Development · Political science · Public economics · Public fund · Regional science · Sociology · Computer Science · Fiscal Policies and Political Economy · Fiscal Policy and Economic Growth · Local Government Finance and Decentralization

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