Regional and local economics Lecture 9b The Renaissance of local economic regeneration in the UK – Main themes and activities Aims Examine local economic regeneration & look at generic initiatives and programmes Examine competitive bidding and the role of physical regeneration Examine the issues of employment education and training and how these impact on regeneration Outcomes Have a good idea of the scope of local economic development Be conversant with the principles of competitive bidding Be aware of how local regeneration impacts on real economic issues Regional and Local Economics (RALE) Lecture slides – Lecture 9b Slide 1 Regional and local economics Economic Analysis Social Analysis Environmental Analysis Structure, employment, income, output, linkages Stress, deprivation, skills, facilities, minorities Physical quality, resources, waste, congestion, design Inputs External drivers of change Macro trends, European policy, competitor cities Application to the urban area City wide analysis, neighbourhood characteristics, existing plans, specific goals, future requirements Internal drivers of change Existing strategies, availability of resources, preference of residents, leaders & champions Outputs Physical improvements Neighbourhood strategies Community action, inner area renewal, social facilities Training & Education Skills enhancement, community training, enhanced R&D City centre, estates, housing, design & quality heritage Economic Development Environmental action Support new & existing firms, improved infrastructure, innovation, diversification Waste management, energy efficiency, urban greening, company based action Regional and Local Economics (RALE) Lecture slides – Lecture 9b Slide 2 Regional and local economics Urban Regeneration: A Handbook (2001) Retention of spending demand-side – – – Manufacturing Services Exports Improving efficiency supply-side – – – – Infrastructure Innovation Entrepreneurship Education and training Why urban areas have declined – Structuralist – Counter-urbanisation – Marxist – Sectoral or planning – External ownership – Product cycle Regional and Local Economics (RALE) Lecture slides – Lecture 9b Slide 3 Regional and local economics Phases of Urban Policy Mid 60s to 1977 Culture of poverty thesis 1977- early 80s Land and Premises Early 80s – 1988 Private sector “Flagships” Post 1988 Variable problems, local ownership Regional and Local Economics (RALE) Lecture slides – Lecture 9b Slide 4 Regional and local economics Generic Initiatives/Programmes Grant support Relaxation of Regulation Enterprise zones Urban Development Agencies Land grant – Urban development grants – Urban regeneration grants UDC – English partnerships Integrated approaches CATs, Task Forces Regional and Local Economics (RALE) Lecture slides – Lecture 9b Slide 5 Regional and local economics Competitive Bidding and Funding Picking winners City Challenge Single Regeneration Budget Future Broad range of partners Needs of locals Effect sectoral changes Demonstrate innovation Tangible benefits Replicate Regional and Local Economics (RALE) Lecture slides – Lecture 9b Slide 6 Regional and local economics Physical regeneration Role of Physical Regeneration Removing constraints Leading the change Building on opportunities Supply-side investments Integrated renewal Avoiding conflict Sustainable development Economic Technical Political Regional and Local Economics (RALE) Lecture slides – Lecture 9b Slide 7 Regional and local economics Social and Community Issues Characteristics of communities – – – – – – – Personal attributes Beliefs Economic position Skills Relationship to local services Place Togetherness Features Needs and provision, Special needs, Representation, Empowerment To make a partnership work Co-ordination Effective management structures Link into different programmes Vision that is shared Regional and Local Economics (RALE) Lecture slides – Lecture 9b Slide 8 Regional and local economics Capacity Building Ingredients Operation Skills Programme Bending Acquiring knowledge Community Linking The availability of resources Mainstream Ability to influence Localist Regional and Local Economics (RALE) Lecture slides – Lecture 9b Slide 9 Regional and local economics Employment, Education and Training Causes of urban employment problems • • • • • Congestion High land values Under investment High security costs Few skilled people Unemployment harder to crack • • • • Unemployable Impersonal nature Disadvantaged groups concentrated Language problems Regional and Local Economics (RALE) Lecture slides – Lecture 9b Slide 10 Regional and local economics Labour Market Policy Demand-side Supply-side Attracting inward investment Information Creating micro business Basic education Temporary jobs public funding Develop vocational skills Enhance motivation Expand public sector Increase incentives Reduce Labour costs Avoiding DDS export; support long-term growth; meet skill demand Regional and Local Economics (RALE) Lecture slides – Lecture 9b Slide 11 Regional and local economics Education, training & future Business contribution Management Examples and equipment Work experience Mentoring Key actors Local authorities LSC ES Business Link Voluntary sector Future Occupational change Flexible Social back-up Small high-tech Strengths Education Health Culture, sport and heritage Regional and Local Economics (RALE) Lecture slides – Lecture 9b Slide 12 Regional and local economics Conclusions Urban areas have faced economic decline for the last 50 years, structuralist, counter-urbanisation etc. Current phase of policy began in 1988 Range of strategies employed Significant role for physical regeneration Social and community issues increasingly important focus on capacity building. Severe under and unemployment - actions needed on the demand and supply sides of the labour market Business have key contribution in education and training in partnership with others More challenges to come Regional and Local Economics (RALE) Lecture slides – Lecture 9b Slide 13