scholarly journals Urban Policy and Property Development: The Institutional Relations of Real-Estate Development in an Old Industrial Region

1994 ◽  
Vol 26 (2) ◽  
pp. 177-198 ◽  
Author(s):  
P Healey
Keyword(s):  
Public Policy ◽  
Urban Policy ◽  
Local Property ◽  
Local Economy ◽  
Urban Region ◽  
Property Development ◽  
Private Sector Development ◽  
North East ◽  
Development Capacity ◽  
The Impact

The impact of public policy on the opportunities available for property development in an urban region and the effect of such policy on the institutional organisation of the property-development sector are examined. Also explored are the problems of generating autonomous private-sector development capacity in a fragile local economy (Tyne and Wear in North East England) experiencing decline in its traditional industrial base, within which active property markets may only exist with respect to certain types of properties and locations. The tension between a financial orientation and a production orientation towards property development is highlighted. During the 1980s, planning and urban policy in Britain promoted the former orientation, but the needs and opportunities of the local economy emphasised the latter. The importance of understanding the specificities of local property-development organisation and relations for the design and evaluation of public policy directed at the property sector is stressed.

Property-Led Urban Regeneration: Panacea or Placebo?

1992 ◽  
Vol 24 (3) ◽  
pp. 361-379 ◽  
Author(s):  
I Turok
Keyword(s):  
Urban Policy ◽  
Economic Restructuring ◽  
Holistic Approach ◽  
Local Economy ◽  
Economic Effects ◽  
Related Activity ◽  
Property Development ◽  
Popular Opinion ◽  
Employment Effects

In recent years urban policy has come to rely increasingly on private-sector property development to provide the driving force. Popular opinion is sharply divided about the value of this approach. In this paper, an examination is made of five ways in which property could contribute to urban economic regeneration: through the direct employment effects of construction-related activity; by accommodating the expansion of indigenous firms; by attracting inward investment; by revitalising run-down neighbourhoods; and by initiating area-wide economic restructuring. Appropriate property development can have positive economic effects but it has to be part of a more holistic approach that embodies concerns for people living in deprived areas and for the underlying condition of the local economy. Unrestrained market-led development may have detrimental consequences for the economic fabric of cities and for the quality of life of their residents.

scholarly journals Can Depopulation Create Urban Sustainability in Postindustrial Regions? A Case from Poland

2018 ◽  
Vol 10 (12) ◽  
pp. 4633 ◽  
Author(s):  
Anna Runge ◽  
Iwona Kantor-Pietraga ◽  
Jerzy Runge ◽  
Robert Krzysztofik ◽  
Weronika Dragan
Keyword(s):  
Sustainable Development ◽  
Urban Policy ◽  
Residential Buildings ◽  
Heat Supply System ◽  
Local Economy ◽  
Urban Region ◽  
Main Concern ◽  
Pollution Levels ◽  
Shrinkage Process ◽  
New Vision

Many towns and cities in the world experience the process of urban shrinkage. This may be observed in localities of different types and of all sizes, including a large group of post-industrial towns and cities of Central and Eastern Europe. One of the districts affected by the urban shrinkage process is the Katowice conurbation in Poland, which may serve as a good example to consider the potential for introducing the idea of sustainable development. In this perspective, sustainability is considered as a specific challenge within the progress of regional transformation, but also a target concept for a large urban region to be followed throughout the evolution and at particular stages of the change. In the discussed region it is all the more important because it is followed by phenomena related to post(industrialism), relatively high pollution levels compared with the European average and a polycentric system of settlement. This paper states that the current urban policy implemented in the Katowice conurbation does not seem to have any palpable effect reversing the trend of depopulation in the region, which seems to stem from the fact that numerous initiatives undertaken in the area are ‘illusory’ and often unnecessary and unjustified. This also applies to activities embracing and fostering the idea of sustainability. With regard to the latter issue, the main concern refers to overinvestment and wasting the measures to reduce low emissions and to make savings in the heat supply system for residential buildings. The Authors proposed a new vision for the transformation of the region. It will respond to the current and expected needs of the residents, while making allowances for multidimensional sustainable development, particularly in terms of housing policy and spatial development. This concept primarily focuses on a new balance between the areas covered by low-rise and high-rise buildings and the reorganisation of the structure of the local economy.

scholarly journals Tourism and Its Impact on the Local Economy of Nagarkot

2013 ◽  
Vol 2 (1) ◽  
pp. 155-159
Author(s):  
Sumita Rai
Keyword(s):  
Tourism Industry ◽  
Local Economy ◽  
Capital City ◽  
Eastern Himalayas ◽  
Development Review ◽  
North East ◽  
The Status ◽  
Field Notes ◽  
The Impact ◽  
The City

Nagarkot is a popular holiday destination 32 km north-east from the capital city, Kathmandu. It is situated at the altitude of 7, 200 feet. The place is known specifically for its dawn time, for a beautiful view of sunrise over the Eastern Himalayas. The best time to visit Nagarkot would be between October and March. Monsoon clouds obstruct wonderful views between June and September. Nagarkot is very much a resort village, where people come to escape the sweltering heat of the city and stay overnight. Very few visitors stay longer. This article, using field-notes, briefly describes the status of tourism at Nagarkot. The study takes the case of four major aspects of tourism industry – accommodations, restaurants, tourists and outlets – to examine the impact of tourism in the local economy. DOI: http://dx.doi.org/10.3126/ntdr.v2i1.7385 Nepal Tourism and Development Review Vol.2(1) 2012 155-159

The Impact of a Potential Public/Private Initiative on a Defined Region of the South Suburban Chicago Metropolitan Area

2019 ◽  
pp. 14-32
Keyword(s):  
Supply Chain ◽  
Economic Impact ◽  
Impact Analysis ◽  
Census Data ◽  
Economic Benefits ◽  
Local Economy ◽  
Market Area ◽  
State And Local ◽  
The University ◽  
The Impact

The university is considered one of the engines of growth in a local economy or its market area, since its direct contributions consist of 1) employment of faculty and staff, 2) services to students, and supply chain links vendors, all of which define the University’s Market area. Indirect contributions consist of those agents associated with the university in terms of community and civic events. Each of these activities represent economic benefits to their host communities and can be classified as the economic impact a university has on its local economy and whose spatial market area includes each of the above agents. In addition are the critical links to the University, which can be considered part of its Demand and Supply chain. This paper contributes to the field of Public/Private Impact Analysis, which is used to substantiate the social and economic benefits of cooperating for economic resources. We use Census data on Output of Goods and Services, Labor Income on Salaries, Wages and Benefits, Indirect State and Local Taxes, Property Tax Revenue, Population, and Inter-Industry to measure economic impact (Implan, 2016).

The impact of self-reported oral health on the quality of life of teenage students with or without orthodontic treatment from North-East of Romania

2016 ◽  
Author(s):  
GEORGETA ZEGAN ◽  
◽  
CRISTINA GENA DASCĂLU ◽  
RADU EDUARD CERNEI ◽  
RADU BOGDAN MAVRU ◽  
...  
Keyword(s):  
Quality Of Life ◽  
Oral Health ◽  
Orthodontic Treatment ◽  
North East ◽  
The Impact

Social and Economic Public Policy Goals and Their Impact on Defense Acquisition—A 2019 Update

2019 ◽  
Vol 26 (3) ◽  
pp. 208-228
Author(s):  
Moshe Schwartz
Keyword(s):  
Public Policy ◽  
Defense Acquisition ◽  
Procurement Process ◽  
Defense Procurement ◽  
Policy Goals ◽  
The Impact

This article explores the evolution of social and economic public policy goals and programs embedded in the defense procurement process and explores the impact of these policies on acquisition.

Global Algorithmic Capital Markets

2018 ◽  
Keyword(s):  
Public Policy ◽  
Capital Markets ◽  
Systemic Risk ◽  
High Frequency ◽  
Investor Protection ◽  
High Frequency Trading ◽  
Market Making ◽  
Market Governance ◽  
Policy Objectives ◽  
The Impact

This book illustrates and assesses the dramatic recent transformations in capital markets worldwide and the impact of those transformations. ‘Market making’ by humans in centralized markets has been replaced by supercomputers and algorithmic high frequency trading operating in often highly fragmented markets. How do recent market changes impact on core public policy objectives such as investor protection, reduction of systemic risk, fairness, efficiency, and transparency in markets? The operation and health of capital markets affect all of us and have profound implications for equality and justice in society. This unique set of chapters by leading scholars, industry insiders, and regulators sheds light on these and related questions and discusses ways to strengthen market governance for the benefit of society at large.

scholarly journals Market buoyancy, information transparency and pricing strategy in the Scottish housing market

Urban Studies ◽  
2021 ◽  
pp. 004209802199178
Author(s):  
Nan Liu
Keyword(s):  
Pricing Strategy ◽  
Selling Price ◽  
Trade Off ◽  
Information Transparency ◽  
North East ◽  
Sealed Bid ◽  
Strategy Changes ◽  
The Impact ◽  
Role Of Information

In housing markets there is a trade-off between selling time and selling price, with pricing strategy being the balancing act between the two. Motivated by the Home Report scheme in Scotland, this paper investigates the role of information symmetry played in such a trade-off. Empirically, this study tests if sellers’ pricing strategy changes when more information becomes available and whether this, in turn, affects the trade-off between the selling price and selling time. Using housing transaction data of North-East Scotland between 1998Q2 and 2018Q2, the findings show that asking price has converged to the predicted price of the property since the introduction of the Home Report. While information transparency reduces the effect of ‘overpricing’ on selling time, there is little evidence to show that it reduces the impact of pricing strategy on the final selling price in the sealed-bid context.

scholarly journals Modeling regional impacts and resilience to water service disruptions in urban economies

2021 ◽  
pp. 239980832199870
Author(s):  
Sheree A Pagsuyoin ◽  
Joost R Santos
Keyword(s):  
Case Studies ◽  
Large Scale ◽  
Urban Region ◽  
Economic Losses ◽  
Drought Severity ◽  
Severe Drought ◽  
Time Varying ◽  
National Capital Region ◽  
Economic Sectors ◽  
The Impact

Water is a critical natural resource that sustains the productivity of many economic sectors, whether directly or indirectly. Climate change alongside rapid growth and development are a threat to water sustainability and regional productivity. In this paper, we develop an extension to the economic input-output model to assess the impact of water supply disruptions to regional economies. The model utilizes the inoperability variable, which measures the extent to which an infrastructure system or economic sector is unable to deliver its intended output. While the inoperability concept has been utilized in previous applications, this paper offers extensions that capture the time-varying nature of inoperability as the sectors recover from a disruptive event, such as drought. The model extension is capable of inserting inoperability adjustments within the drought timeline to capture time-varying likelihoods and severities, as well as the dependencies of various economic sectors on water. The model was applied to case studies of severe drought in two regions: (1) the state of Massachusetts (MA) and (2) the US National Capital Region (NCR). These regions were selected to contrast drought resilience between a mixed urban–rural region (MA) and a highly urban region (NCR). These regions also have comparable overall gross domestic products despite significant differences in the distribution and share of the economic sectors comprising each region. The results of the case studies indicate that in both regions, the utility and real estate sectors suffer the largest economic loss; nonetheless, results also identify region-specific sectors that incur significant losses. For the NCR, three sectors in the top 10 ranking of highest economic losses are government-related, whereas in the MA, four sectors in the top 10 are manufacturing sectors. Furthermore, the accommodation sector has also been included in the NCR case intuitively because of the high concentration of museums and famous landmarks. In contrast, the Wholesale Trade sector was among the sectors with the highest economic losses in the MA case study because of its large geographic size conducive for warehouses used as nodes for large-scale supply chain networks. Future modeling extensions could potentially include analysis of water demand and supply management strategies that can enhance regional resilience against droughts. Other regional case studies can also be pursued in future efforts to analyze various categories of drought severity beyond the case studies featured in this paper.

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