Unlocking the economic potential of core (and other) cities Presentation to IED National Conference Name David Marlow Third Life Economics Date 19 November 2014 Introductions and agenda An interactive session...please! What do we think we mean by (core) cities? What is their (unrealised) potential? How far does the current ‘system’ help and hinder city growth? How might we improve the system 2015-20, and beyond? Me... Is there an urban hierarchy in UK/England? London World City/Mega-City region Core (+ DA capital) city regions/metros ‘Key Cities’ Top 64 ‘PUAs’ Urban areas more generally... What do we think we mean by ‘city’? Lines on a map... A local authority or collection of city region LAs... A functional economic geography... A socio-cultural identity A broadly-based leadership team which engenders broadlybased followership... Something else... The hypotheses of unrealised potential... The underperformance hypotheses The opportunity hypotheses General challenges (including London) ‘Secondary City’/’northern’ challenges Agglomeration Global competitiveness Centralisation and devolution hypotheses The dead-hand of Whitehall Place-making and leadership The city ambiguities and complexity of subnational ‘systems’ 2014 New partnerships – LEPs, LTBs, LNPs etc., and local authorities New leadership and governance – CAs, Mayors, Joint Statutory Committees, non-statutory mechanisms New policies – NPPF and planning reforms (CIL, NHB etc), EZs, etc., New funding instruments – RGF, GPF, LGRR, TIF, LGF, ESIF etc.,... New sub-regional instruments – city deals, wave one, two; SEPs, local growth deals; New local instruments – community and neighbourhood budgets Renationalised E&I functions New devolution commitments post Scotland referendum ...with particular challenges for core cities... 1st/2nd among un-equals as a group... Some more equal than others...as individual cities/city regions New members and new devolution agendas A mixed bag of deals, LEPs, CAs and now metro-mayors... Devolution orthodoxies, 2015-20, and issues to resolve... Common prescriptions... Increasing transport, skills and employment powers and resources Increasing national-local codesign/commissioning Multi-annual financial settlements Single and/or pooled budgetary pot(s) with flexible borrowing and forward-funding Strengthened city region leadership and governance Asymmetrical progress – led by London and GMCA... Major areas to address... Leading and speaking for real cities and/or administrative fixes? Are any of the governance models ‘fit for purpose’? Proving the metro-growth dividend and/or zero-sum displacement? The role of revenue-raising? The implications for the rest of the ‘system’ Don’t we really need a better national ‘project’ and spatial strategy? Delivering change effectively... Huge existing agendas for core and other cities... Huge development agendas 2015-20... City deals, SEPs/growth deals, ESIF, RGF/GPF, EZs/UEZs, growth hubs, other local projects and programmes CAs, other leadership and governance developments New 2015-20 devolution agreements/settlements PSR/Transformation under enduring fiscal austerity Thinking through distinctive place-based 2030/2050 city visions, that tackle the big ticket global challenges Developing new ways of delivering city leadership and globally-competitive growth The role of IED and the development economist... Thought leadership... Strategic innovation... Evidence, analysis and intelligence... Openness and collaboration... Across geographies and administrations With other disciplines and approaches Thank you DavidMarlow@thirdlifeeconomics.co.uk