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Economic Development in a Local Context
I'm taking this local politics class. It has recently occurred to me how fascinating this shit really is. Any other aspiring TA economists or politicians around here? I am by no means an expert, but thankfully I've paid great attention in both this class and another I'm also taking to the point that I can get a good feel for what to expect from a municipal government establishment.
So now I ask the question...what would you suggest (to, say, an audience that works in the municipal government) in terms of actions/prerogatives/initiatives should be done in order to stimulate economic development in a local community? That right there is one of my final exam essay questions that I have to write.
I've already written the paper, so I'm not looking for you c0r browsers to do my homework for me, but rather add a little input to make me sound a little better.
Essentially, I said that both the pavement of new roads in unused areas of the city as well as a comprehensive downtown development revitalization plan would both do well in attracting new businesses while not cut-throating the already existing businesses into submission. I recommended that building a different shopping center on the other side of town would prevent direct competition, which would allow for all the businesses to prosper.
Somebody add something, am I right or should I consider something else?
[due to the length and necessary thought required for this post, I am expecting close to 0 replies, but I thought I'd toss this out there for a little discussion]
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