Description
Book SynopsisCoping with Adversity addresses the question of why some metropolitan-area regional economies are resilient in the face of economic shocks and chronic distress while others are not. It is particularly concerned with what public policies make a difference in whether a region is resilient. The authors employ a wide range of techniques to examine the experience of all metropolitan area economies from 19782014. They then look closely at six American metropolitan areas to determine what strategies were employed, which of these contributed to regional economic resilience, and which did not. Charlotte, North Carolina, Seattle, Washington, and Grand Forks, North Dakota, are cases of economic resilience, while Cleveland, Ohio, Hartford, Connecticut, and Detroit, Michigan, are cases of economic nonresilience. The six case studies include hard data on employment, production, and demographics, as well as material on public policies and actions.
The authors conclude that there is l
Trade Review
These excellent academic researchers from George Washington, New York, and Ohio State Univ. and the Univ. of Illinois at Chicago explore the critical question of why some metropolitan areas deal with economic adversity better than others.
* Choice *
One of this year's most important books on economic development.... Coping with Adversity offers an opportunity for economic developers to assess the factors affecting the resiliency of their region's economy. In a world where we are continuously captivated by the next big thing and quick to celebrate the groundbreaking of stadiums or factories as transformational, the findings of this book are humbling.
* State Science and Technology Institute *
These findings should provoke thought, but the case studies serve to debunk (although the authors do not put it this way) many economic development cliches.
* Planning Magazine *
An ambitious and sophisticated application of the concept of resilience to regional economic development.
* Journal of Urban Affairs *
Table of ContentsAcknowledgments
Introduction
1. Shocks and Regional Economic Resilience
2. Chronic Distress and Regional Economic Resilience
3. Regions That Lacked Resilience
4. Resilient Regions
5. Assessing the Effect of Resilience Policies Directed toward Business and Individuals
6. Assessing the Effect of Reslience Policies Directed toward Public Goods, Institutions, and Leadership
Conclusion
Appendices
Notes
References
Index
