Title
The Future Of Local Economic Development
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This book looks at the future role of local economic development. Once New Labour came to power in 1997, they sought a third way between the new right agenda of Thatcherism with its attempts to reduce the role of the local state and foster a free market and the lefts attempts to take more control over the local economy in the interest of workers. In July 2007, Gordon Browns government published the 'Review of Subnational Economic Development and Regeneration'.This book argues that competitiveness and neoliberalism, or increased market domination over an ever wider range of social relations, have in reality dominated New Labours policies. Yet a number of contradictions remain as New Labour continues to seek a reduction in poverty and regional and local disparities. The book analyses the changes that will result from further market domination under the Subnational Review but also the opportunities that will arise for local economic development agents, particularly those with a concern for social justice. It looks specifically at regional and subregional strategy making; partnership, networking and building institutional capacity; local labour market policy and policy towards cities. An additional feature of the book is that several authors draw on international comparisons.This book was published as a special issue of Local Economy.
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