The Recession and Beyond: Local and Regional Responses to the Downturn: 48 (Regions and Cities) - Hardcover

Hardcover

ISBN 10: 0415590345 ISBN 13: 9780415590341

Publisher: Routledge, 2011

Synopsis

How has the recession impacted on firms, people and places? How have local and regional authorities responded? This book aims to answer these questions by offering an overview of the impacts of the recession on people and places and how it has affected local authorities in the UK and other OECD countries. Being ‘close to the ground’, local authorities are usually at the forefront of dealing with the impacts of recession on people and places. During recessions, they face important challenges: on the one hand they have to cope with increasing demand for services and on the other hand they may face a decrease in their income due to the slowdown in the economy. And with the shift from local government to local governance in the last 10 years, they also have an increasing role in terms of coordinating various organisations in the delivery of local services.

This book begins by looking at the potential impacts of downturns and economic shocks on firms, workers, communities and places, both in the short and long term (Part I). Part II then looks at interventions and responses that local authorities can put in place on their own or in partnership with other local, regional and/or national actors to try to deal with these differential impacts. Building on these insights, part III offers international perspectives, outlining the role of local authorities during the recession in France, Canada and Australia. These examples and cases highlight some key variations in the availability of resources at the local level across countries and shed light on the way particular economic situations and governance contexts influence local authorities’ responses. This section also includes work by the OECD LEED Programme which surveys cities worldwide and which looks at the application of the ‘Barcelona Principles’.

Overall, the volume makes a fresh contribution to understanding local economic development and governance by providing a unique perspective and original data on the way local authorities have dealt with the recent economic shock across countries. Looking ahead, the book also raises some important issues in relation to local and regional governance and policies to foster long term, sustainable economic recovery. This edited volume will be accessible to and suitable for students and researchers studying economic change, the recession, planning, public policy and industrial policy interventions, and political science.

About this title

Review:

"In the context of economic crisis and state austerity, this collection makes a telling contribution to our understanding of the potential and pitfalls of local institutional agency. Drawing together the work of key voices, the international reach and practical engagement here will prove of enduring value for policy learning and collective action." – Andy Pike, Newcastle University, UK

"The recent UK recession was not only severe but different to any of the others of the past few decades and as such merits detailed analysis of its causes, symptoms and remedies. This book is therefore a timely contribution to the debate about what interventions are merited to support local economies, demonstrating just how effective certain interventions can be." – Keith Burge, Institute of Economic Development, UK

About the Author:

David Bailey is Professor of International Business and Economic Development at Coventry University Business School, UK. 

Caroline Chapain is a Lecturer at the Centre for Urban and Regional Studies at the Birmingham Business School, UK.

About this edition

• Publisher: Routledge
• Publication date: 2011
• ISBN 10: 0415590345
• ISBN 13: 9780415590341
• Binding: Hardcover
• Edition number: 1
• Number of pages: 380
• Editor: Bailey David, Chapain Caroline