Local Economic Development Strategies

Local Economic Development Strategies
Author: United States. Congress. Joint Economic Committee. Subcommittee on Trade, Productivity, and Economic Growth
Publisher:
Total Pages: 84
Release: 1982
Genre: Government publications
ISBN:

Jumpstarting the Motor City: With new ideas, new relationships and new technologies for Detroit Enpowerment Zone

Jumpstarting the Motor City: With new ideas, new relationships and new technologies for Detroit Enpowerment Zone
Author:
Publisher:
Total Pages: 484
Release: 1994
Genre: Community development, Urban
ISBN:

Plan is a response to the invitation from the President's Community Enterprise Board to designate an 18.35 square mile area in Detroit as a federally designated Empowerment Zone. Document embodies four key principles for the area: economic opportunity ; sustainable community development ; community-based partnerships ; and strategic vision for change. The three distinctive community clusters that make up the Empowerment Zone are: the Eastside, the Woodward Corridor and Southwest Detroit.

Detroit

Detroit
Author: Lewis D. Solomon
Publisher: Transaction Publishers
Total Pages: 173
Release: 2014
Genre: Political Science
ISBN: 1412851963

As America's most dysfunctional big city, Detroit faces urban decay, population losses, fractured neighborhoods with impoverished households, an uneducated, unskilled workforce, too few jobs, a shrinking tax base, budgetary shortfalls, and inadequate public schools. Looking to the city's future, Lewis D. Solomon focuses on pathways to revitalizing Detroit, while offering a cautiously optimistic viewpoint. Solomon urges an economic development strategy, one anchored in Detroit balancing its municipal and public school district's budgets, improving the academic performance of its public schools, rebuilding its tax base, and looking to the private sector to create jobs. He advocates an overlapping, tripartite political economy, one that builds on the foundation of an appropriately sized public sector and a for-profit private sector, with the latter fueling economic growth. Although he acknowledges that Detroit faces a long road to implementation, Solomon sketches a vision of a revitalized economic sector based on two key assets: vacant land and an unskilled labor force. The book is divided into four distinct parts. The first provides background and context, with a brief overview of the city's numerous challenges. The second examines Detroit's immediate efforts to overcome its fiscal crisis. It proposes ways Detroit can be put on the path to financial stability and sustainability. The third considers how Detroit can implement a new approach to job creation, one focused on the for-profit private sector, not the public sector. In the fourth and final part, Solomon argues that residents should pursue a strategy based on the actions of individuals and community groups rather than looking to large-scale projects.