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Analysts argue that former military bases can be successfully redeveloped and that local economies can recover. Community leaders, however, remain unconvinced and continue to resist base closures. This article considers whether the argument for the economic feasibility of base reuse can be made...
Contemporary local economic development often requires that development professionals act as catalysts for orchestrating other governmental and nongovernmental actors in the pursuit of effective development policy strategies. Collaboration and cooperation across multiple actors, organizations,...
In this study, perceptual mapping was used to identify the collective and individual positions of 10 competing southern states. The perceived position of the ideal state also was captured by the study’s findings. Industrial real estate executives who were surveyed indicated that some states...
This article responds to earlier discussions of federal economic development policy by Dick Thornburgh and Edward Hill, based on the authors’ experience at the U.S. Economic Development Administration (EDA). Both authors generally support continuing federal involvement in economic development....
Government intervention in financial markets seeks to alter capital availability patterns that disadvantage minorities and low-income people. The desire to increase access to credit for these underserved groups motivated President Clinton to launch the Community Development Financial Institution...
This article commends Professor Bates’s analysis of the Minority Enterprise Small Business Investment Company (MESBIC) program, acknowledging its important object lessons: that size, excellent management talent, and effective cost and risk containment are critical to MESBIC success. I...
Major changes in ports and marine shipping in the United States since 1960 resulted from (a) containerization, intermodalism, and increasing scale; (b) reduced rail and over-the-road freight shipping costs; (c) advances in freight logistics and information technology; and (d) the integration of...
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