Upjohn Institute Press

Pages: 215
Year Published: 
2007
$40.00 cloth
ISBN: 978-0-88099-296-1
$18.00 paper
ISBN: 978-0-88099-295-4

Reining in the Competition for Capital

Ann Markusen, Editor

This book explores the causes, character, and potential remedies for the growing spatial competition for capital. Its diverse group of contributors present a broad set of workable reforms including: regulation of site consultants; mandated transparency in negotiations, bids, and deals; better structured deals; performance requirements and clawbacks for subsidized firms; and adoption of united economic development budgets.

"I found [this] book very valuable indeed and recommend it highly to a wide range of policymakers, policy analysts, and teachers. Markusen and Upjohn have done a notable service. Some essays, especially the ones by Peter Fisher and Timothy Bartik, would be useful in a course where students are asked to evaluate a proposed incentive package to attract new business." –Growth and Change

"This is a must read for those in local and regional planning who want to understand how they can compete effectively. The book is of tremendous value not only for U.S. economic-development planners, but also for those in Europe and other countries with decentralized fiscal systems. I highly recommend it." –Karen R. Polenske, Massachusetts Institute of Technology

"Ann Markusen has done it again. [This book] is a provocative, comprehensive collection from an impressive range of experts only Markusen could have assembled. It is ideal for a course in economic development policy and well worth reading for practitioners and political leaders. I know of no other source that provides so much information and perspective on this contentious policy issue." –Andrew M. Isserman, University of Illinois

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