Coping 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 1978-2014. 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 little that can done in the short term to counter economic shocks; most regions simply rebound naturally after a relatively short period of time. However, they do find that many regions have successfully emerged from periods of prolonged economic distress and that there are policies that can be applied to help them do so. Coping with Adversity will be important reading for all those concerned with local and regional economic development, including public officials, urban planners, and economic developers.
By:
Harold Wolman,
Howard Wial,
Travis St. Clair,
Edward Hill
Imprint: Cornell University Press
Country of Publication: United States [Currently unable to ship to USA: see Shipping Info]
Dimensions:
Height: 229mm,
Width: 152mm,
Spine: 25mm
Weight: 907g
ISBN: 9780801451690
ISBN 10: 0801451698
Pages: 277
Publication Date: 15 November 2017
Recommended Age: From 18 years
Audience:
General/trade
,
ELT Advanced
Format: Hardback
Publisher's Status: Active
Acknowledgments 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
Harold Wolman is Professor Emeritus of Political Science and Research Professor, George Washington Institute of Public Policy, The George Washington University. He is the author of The Politics of Housing and coauthor of Urban Politics and Policy. Howard Wial is the former Director of the Center for Urban Economic Development at the University of Illinois at Chicago. He is coauthor of New Rules for a New Economy, also from Cornell, and coeditor of Urban and Regional Policy and Its Effects. Travis St. Clair is assistant professor at New York University's Wagner School of Public Service. Edward Hill is Professor of Public Affairs and City and Regional Planning at The Ohio State University. He was editor of Economic Development Quarterly and Chair of the Advisory Board of the Manufacturing Extension Partnership of the National Institute of Standards and Technology.
Reviews for Coping with Adversity: Regional Economic Resilience and Public Policy
Coping with Adversity is the first truly rigorous effort I have seen to actually define regional economic resilience. As a result of its novelty and importance in the current moment, it will attract a great deal of interest. --Manuel Pastor, coeditor of Unsettled Americans The authors of Coping with Adversity are among the top researchers in the field of economic development, and the question they address is an important one: Why are some regions resistant to national and industrial shocks while others are not? --George A. Erickcek, coeditor of Economic Development Quarterly