Regime transition and economic development: the question of “who's on first?”

Regime transition and economic development: the question of “who's on first?”

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Article ID: iaor20052431
Country: United States
Volume: 16
Issue: 3
Start Page Number: 424
End Page Number: 453
Publication Date: Jan 2004
Journal: Journal of Public Budgeting, Accounting and Financial Management
Authors: ,
Keywords: management, economics, government
Abstract:

Local governments have long been concerned with economic growth and development. Some local governments take an aggressive, proactive stance on economic development, while others take a more incremental, reactionary approach. When economic development opportunities arise, the frequently asked question is “Who's on first?” Is it the responsibility of local government to take the lead in promoting economic development opportunities, or should local government remain in the background leaving development activities to private developers? This article uses community power theory to examine the evolution of economic development in Wichita, Kansas and the roles played by the public and private sectors and their impact on the course of development activities. In order for a booster regime to be successful, the lead government must establish the legitimacy of the development effort with other potential members of the coalition. The lead government must establish a hospitable business climate and establish a commitment to support the infrastructure and service needs of developers. Coalition members must view the undertaking as a positive-sum gain.

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