Big city governments increasingly make policy strategies to deal with the combined challenges of global competition and the restructuring of regional economies. In the USA, Britain, and the Netherlands, politicians have advocated freer markets and public-private partnerships as alternatives to old-style state intervention. However, there exist deeply rooted and culturally defined social processes that influence the shape of the political structures and interrelationships that develop. This chapter therefore concentrates upon some fundamental changes in the wider social and economic environment influencing public policy and their implications for organisational hierarchies and modern governance. The policy domain of economic development and urban regeneration (see Introduction) is affected by these changes, and this chapter provides the context within which economic development issues are dealt with by governments and private corporations.
KeywordsLocal Government Urban Regeneration Business Group City Council Local Economic Development
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