Description
Book SynopsisHealing the economic and social wounds inflicted by the COVID-19 pandemic will take time, but the long road to recovery presents a unique opportunity to build back better. To catalyze change and succeed in the post-pandemic era, economic development policy and practice must see the crisis as an opportunity to rethink and redesign regional economic systems. This will involve creating a shared understanding of – and policies to address – the differential impacts of the pandemic across occupations, industries, and socioeconomic groups.
Rethinking how existing economic development tools, frameworks, and practices can be optimized has never been more compelling. Special attention must be given to interventions capable of accelerating desirable trends that will shape the next normal in our contemporary discussions on the COVID-19 pandemic. This book explores the challenges and opportunities heralded by the virus in the broadest sense and presents case studies on equitable and inclusive economic recoveries.
Regional Economic Systems after COVID-19 offers actionable insights for regional policymakers, business leaders, investment and trade promotion agencies, site selectors, students, scholars, researchers, and organizations involved in tourism, foreign direct investment, and economic development.
Table of ContentsContents: PART I THE ECONOMIC REDESIGN IMPERATIVE 1 Introduction: the economic redesign imperative 2 Fred Olayele PART II OCCUPATIONAL IDENTITY, REGIONAL RESPONSES, AND POPULATION DENSITY 2 Striving despite disruption: young people’s occupational identity and economic opportunity during COVID-19 10 Jaclyn Kelly and Anindya Kundu 3 COVID-19 in New Zealand: consequences, policies, and regional responses 41 David Wilson, Patrick McVeigh and Harvey Brookes 4 The overblown role of population density in the COVID-19 pandemic in New York City 67 Yu Zhong and Bertrand Teirlinck PART III EQUITABLE AND INCLUSIVE ECONOMIC RECOVERIES AND CASE STUDIES 5 Gender equality as an economic imperative in a post-pandemic era 94 Bernadette Maria Antão Fernandes and Herb Emery 6 The imperative of childcare provision as critical infrastructure 112 Melissa Pumphrey and Poorvi Goel 7 The future of work and inclusion: case studies and takeaways for economic developers 133 Swati Ghosh and Louise Anderson PART IV FACTOR REALLOCATION AND REGIONAL INNOVATION ECOSYSTEMS 8 Modeling decreased labor access after the COVID-19 pandemic: economic, social, and demographic implications 149 Jeffrey Dykes, Billy Leung and Fred Olayele 9 Neighborhood vulnerability in critical infrastructure and services 168 Kyle Marks and Joyce Jauer 10 Clusters and regional transformation: establishing actionable forward agendas 186 Ifor Ffowcs-Williams 11 The global visitor economy and resilience challenge: Mallorca’s destination resurgence in perspective 203 Fergus T. Maclaren and Bartomeu Deya Canals 12 FDI, innovation superclusters, and value creation in Canada’s ocean sector 225 Fred Olayele Index 236
