2010
DOI: 10.1080/00343400802378768
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Conceptualizing Local and Regional Economic Development in the USA

Abstract: Valler D. and Wood A. Conceptualizing local and regional economic development in the USA, Regional Studies. Contemporary literature on local and regional economic development (LRED) in the USA is predominantly empirical and pragmatic, focusing on the conduct and efficacy of economic development policy. While this work is valuable in evaluating the detailed operation of local and regional economic development activity, the broader conceptual foundations that underlay economic development practice have been unde… Show more

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Cited by 19 publications
(13 citation statements)
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“…It is generally agreed that the practice of LED started in cities of the global North during the late 1960s and early 1970s in an environment of global economic restructuring and advancing decentralisation (Blakely, 1989;Harvey, 1989;Valler & Wood, 2010). Rodriguez-Pose (2001 emphasises that the developmental challenges posed by globalisation precipitated a serious rethinking of the validity of former approaches to development planning and correspondingly spurred the rise and strengthening of LED approaches.…”
Section: Local Economic Development: Meaning Context and Practicementioning
confidence: 99%
See 1 more Smart Citation
“…It is generally agreed that the practice of LED started in cities of the global North during the late 1960s and early 1970s in an environment of global economic restructuring and advancing decentralisation (Blakely, 1989;Harvey, 1989;Valler & Wood, 2010). Rodriguez-Pose (2001 emphasises that the developmental challenges posed by globalisation precipitated a serious rethinking of the validity of former approaches to development planning and correspondingly spurred the rise and strengthening of LED approaches.…”
Section: Local Economic Development: Meaning Context and Practicementioning
confidence: 99%
“…The first unpacks the meaning and significance of LED in the context of a globalised world. Although in much of sub-Saharan Africa concepts and ideas about LED are relatively recent, a long-established conceptual understanding exists of LED in the global North (Pike et al, 2006) and especially in the USA (Valler & Wood, 2010). The discussion provides an overview of the emergence of LED and of changing LED practice.…”
Section: Introductionmentioning
confidence: 99%
“…Globalisation exposes even the most remote areas on the continent to the rest of the world. In line with this, Valler and Wood [79] argue that, Local authorities are increasingly regarded as pivotal sites of competitiveness in a new global economy. Furthermore, LED planning is more community-based and pro-poor in its approach [80].…”
Section: Economic Resilience Of Urban Communitiesmentioning
confidence: 85%
“…Thus regional systems competitive abilities is considered fists as condition to decrease influence of risks and threads of involvement into mainstream, regulated by globalization [17]. The authors grounded the positioning of competitive abilities as result of localization of regional systems spatial development, that has got different scenario, variants and forms of global and local approaches combination [18].…”
Section: Localization Of Regional Resources Within the Strategy Formimentioning
confidence: 99%