Local and Regional Development

Actors and institutions in localities and regions across the world are seeking prosperity and well-being amidst tumultuous and disruptive shifts and transitions generated by: an increasingly globalised, knowledge-intensive capitalism; global financial instability, volatility and crisis; concerns about economic, social and ecological sustainability, climate change and resource shortages; new multi-actor and multi-level systems of government and governance and a re-ordering of the international political economy; state austerity and retrenchment; and, new and reformed approaches to intervention, policy and institutions for local and regional development. Local and Regional Development provides an accessible, critical and integrated examination of local and regional development theory, institutions and policy in this changing context. Amidst its rising importance, the book addresses the fundamental issues of ‘what kind of local and regional development and for whom?’, its purposes, principles and values, frameworks of understanding, approaches and interventions, and integrated approaches to local and regional development throughout the world. The approach provides a theoretically informed, critical analysis of contemporary local and regional development in an international and multi-disciplinary context, grounded in concrete empirical analysis from experiences in the global North and South. It concludes by identifying what might constitute holistic, inclusive, progressive and sustainable local and regional development, and reflecting upon its limits and political renewal.

Preface to the Second Edition Part I – Introduction 1. Introduction: local and regional development 2. What kind of local and regional development and for whom? Part II – Frameworks of understanding 3. Concepts and theories of local and regional development 4. Institutions, government and governance Part III – Interventions: rationales, strategies, policies and instruments 5. Rationales for intervention, strategy and policy development 6. Mobilising indigenous potential 7. Attracting and embedding exogenous resources Part IV – Integrated approaches 8. Local and regional development in practice 9. Conclusions References Index

Andy Pike is Henry Daysh Professor of Regional Development Studies and Director of the Centre for Urban and Regional Development Studies (CURDS), Newcastle University, UK. Andrés Rodríguez-Pose is Professor of Economic Geography in the Department of Geography and Environment, London School of Economics, UK. John Tomaney is Professor of Urban and Regional Planning in the Bartlett School of Planning, University College London, UK.