A new policy paper argues that real economic development reaches all levels of the economy—not just the top.
Amy Liu lays out the challenge for leaders in cities and regions to "remake" economic development, citing the lesson delivered by the lackluster U.S. economy: "Top-line growth doesn’t ensure bottom-line prosperity."
Along those lines, Liu has created a paper for the Brookings Institution titled "Remaking Economic Development: The Markets and Civics of Continuous Growth and Prosperity." Liu provides an abstract of sorts for the paper on the Brookings Institution website, where she lays out five action principles that put the ideas in the paper into practice:
- Set the right goals
- Grow from within
- Boost trade
- Invest in people and skills
- Connect place
Liu's work caught the attention of Joe Cortright, who provides a lengthy (but concise) summary of the new paper.
FULL STORY: Remaking Economic Development
Depopulation Patterns Get Weird
A recent ranking of “declining” cities heavily features some of the most expensive cities in the country — including New York City and a half-dozen in the San Francisco Bay Area.
California Exodus: Population Drops Below 39 Million
Never mind the 40 million that demographers predicted the Golden State would reach by 2018. The state's population dipped below 39 million to 38.965 million last July, according to Census data released in March, the lowest since 2015.
Chicago to Turn High-Rise Offices into Housing
Four commercial buildings in the Chicago Loop have been approved for redevelopment into housing in a bid to revitalize the city’s downtown post-pandemic.
New Park Opens in the Santa Clarita Valley
The City of Santa Clarita just celebrated the grand opening of its 38th park, the 10.5-acre Skyline Ranch Park.
U.S. Supreme Court: California's Impact Fees May Violate Takings Clause
A California property owner took El Dorado County to state court after paying a traffic impact fee he felt was exorbitant. He lost in trial court, appellate court, and the California Supreme Court denied review. Then the U.S. Supreme Court acted.
How Urban Form Impacts Housing Affordability
The way we design cities affects housing costs differently than you might think.
City of Costa Mesa
Licking County
Barrett Planning Group LLC
HUD's Office of Policy Development and Research
Mpact Transit + Community
HUD's Office of Policy Development and Research
City of Universal City TX
ULI Northwest Arkansas
Town of Zionsville
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.