Economic Development for Everyone: Creating Jobs, Growing Businesses, and Building Resilience in LowIncome Communities

How do we create employment, grow businesses, and build greater economic resilience in our lowincome communities? How do we create economic development for everyone, everywhere including rural towns, innercity neighborhoods, aging suburbs, and regions such as Appalachia, American Indian reservations, the Mexican border, and the Mississippi Delta and not just in elite communities?Economic Development for Everyone collects, organizes, and reviews much of the current research available on creating economic development in lowincome communities. Part I offers an overview of the harsh realities facing lowincome communities in the US today; their many economic and social challenges; debates on whether to try reviving local economies vs. relocating residents; and current trends in economic development that emphasize hightech industry and high levels of human capital. Part II organizes the sprawling literature of applied economic development research into a practical framework of five dynamic dimensions: empower your residents: begin with basic education; enhance your community: build on existing assets; encourage your entrepreneurs; diversify your economy; and sustain your development.This book, assembled and presented in a unified framework, will be invaluable for students and new researchers of economic development in lowincome communities, and will offer new perspectives for established researchers, professional economic developers and planners, and public officials. Development practitioners and community leaders will also find new ideas and opportunities, along with a broad view on how the many complex parts of economic development interconnect.