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Financial services industries have been an important source of central-city employment, including new jobs. Although decentralization occurred in the 1970s and 1980s, widespread national growth in the sector generally resulted in central-city employment gains. In the 1990s, despite continuing...
Georgia’s principal state-level economic development tax incentive program has been a set of income tax credits known as Georgia’s BEST program. Shortly after taking office in January 1999, Governor Barnes requested a study of BEST that would serve as the basis for recommending changes to it....
Microcredit has gained increasing attention over the past decade as a tool for spurring grassroots entrepreneurship in the United States. Although some prominent microcredit programs have reportedly demonstrated positive economic effects on microloan recipients, many others have suffered from...
This comment on Nelson’s article, “Prosperity or Blight? A Question of Major League Stadia Locations,” which appears in this issue of Economic Development Quarterly, looks at the possible economic contribution of professional sports to a metropolitan area by summarizing earlier critiques of...
The authors examined a geographically and economically diverse group of 34 small- and medium-size communities that experienced long periods of economic prosperity built around a major industry or company and that then suffered economic declines when those industries substantially reduced their...
Although enterprise zones have been a popular economic development tool for several years, there is still a lack of evidence on both zone effectiveness and how to improve existing zone programs. This article discusses several evaluation criteria that should be given more attention. First, the...
Literature challenges the economic wisdom of major league sports stadia, especially when subsidized, but they continue to be constructed. If officials decide that a new stadium will be built, does it matter where it goes? This article theorizes that when major league stadia locate in the central...
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