Cities house the majority of the world’s population and are the dynamic centres of 21st century life, at the heart of economic, social and environmental change. They are still beset by difficult problems but often demonstrate resilience in the face of regional and national economic decline. Faced by the combined threats of globalisation and world recession, cities and their metropolitan regions have had to fight hard to maintain their global competitiveness and protect the quality of life of urban residents Transforming Urban Economies: Policy Lessons from European and Asian Cities, the first in an ongoing series of research volumes by LSE Cities, provides insights in how cities can respond positively to these challenges. The fine-grained and authoritative analysis of how Barcelona, Turin, Munich and Seoul have been transformed in the last 20 years examines comparative patterns of decline, adaptation and recovery of cities that have successfully managed to transform their economies in the face of economic hardship. This in-depth and practical analysis is aimed at urban leaders, designers, planners, policymakers and scholars who want to understand the dynamics of economic resilience while cities are still suffering from the aftershocks of the 2008 recession. The book highlights the importance of aligned and multi-level governance, the need for strategic public investments and the role of the private sector, universities and foundations in leading and guiding complex processes of urban recovery in an increasingly uncertain age.

Cities house the majority of the world's population and are the dynamic centres of 21st century life, at the heart of economic, social and environmental change. They are still beset by difficult problems but often demonstrate resilience in the face of regional and national economic decline. Faced by the combined threats of globalisation and world recession, cities and their metropolitan regions have had to fight hard to maintain their global competitiveness and protect the quality of life of urban residents Transforming Urban Economies: Policy Lessons from European and Asian Cities, the first in an ongoing series of research volumes by LSE Cities, provides insights in how cities can respond positively to these challenges. The fine-grained and authoritative analysis of how Barcelona, Turin, Munich and Seoul have been transformed in the last 20 years examines comparative patterns of decline, adaptation and recovery of cities that have successfully managed to transform their economies in the face of economic hardship. This in-depth and practical analysis is aimed at urban leaders, designers, planners, policymakers and scholars who want to understand the dynamics of economic resilience while cities are still suffering from the aftershocks of the 2008 recession. The book highlights the importance of aligned and multi-level governance, the need for strategic public investments and the role of the private sector, universities and foundations in leading and guiding complex processes of urban recovery in an increasingly uncertain age.

Today, the Bay Area is home to the most successful knowledge economy in America, while Los Angeles has fallen progressively further behind its neighbor to the north and a number of other American metropolises. Yet, in 1970, experts would have predicted that L.A. would outpace San Francisco in population, income, economic power, and influence. The usual factors used to explain urban growth—luck, immigration, local economic policies, and the pool of skilled labor—do not account for the contrast between the two cities and their fates. So what does? The Rise and Fall of Urban Economies challenges many of the conventional notions about economic development and sheds new light on its workings. The authors argue that it is essential to understand the interactions of three major components—economic specialization, human capital formation, and institutional factors—to determine how well a regional economy will cope with new opportunities and challenges. Drawing on economics, sociology, political science, and geography, they argue that the economic development of metropolitan regions hinges on previously underexplored capacities for organizational change in firms, networks of people, and networks of leaders. By studying San Francisco and Los Angeles in unprecedented levels of depth, this book extracts lessons for the field of economic development studies and urban regions around the world.

The process of rural-urban transformation presents both opportunities and challenges for development. If managed effectively, it can result in growth that benefits everyone; if managed poorly, it can lead to stark welfare disparities and entire regions cut off from the advantages of agglomeration economies. The importance of rural-urban transition has been confirmed by two consecutive World Development Reports: WDR 2008 Agriculture for Development; and WDR 2009 Reshaping Economic Geography. Focusing on Sub-Saharan Africa and South Asia, this book picks up where the WDRs left off, investigating the influence of country conditions and policies on the pace, pattern, and consequences of rural-urban transition and suggesting strategies to ensure that its benefits results in shared improvements in well-being. The book uncovers vast inequalities, whether between two regions of one country, between rural and urban areas, or within cities themselves. The authors find little evidence to suggest that these inequalities will automatically diminish as countries develop: empirical and qualitative analysis suggests that spatial divides are mainly a function of country conditions, policies and institutions. By implication, policymakers must take active steps to ensure that rural-urban transition results in shared growth. Spatially unbiased provision of health and education services is crucial to ensuring that the benefits of transition are shared by all. But connective infrastructure and targeted interventions also emerge as important considerations, even in countries with severely constrained fiscal and administrative capacity. The authors suggest steps for navigating the tricky political economy of land reforms. And they alert readers to potential spillover effects that mean that policies designed for one space can have unintended consequences on another. Policymakers and development experts, as well as anyone concerned with the impact of rural-urban transition on growth and equity, will find this book a thought-provoking and informative read.

Over the past decade, cities have come into closer contact and conflict with new technologies. From reactive policymaking in response to platform economy firms to proactive policymaking in an effort to develop into smart cities, urban governance is transforming at an unprecedented speed and scale. Innovative technologies promise a brave new world of convenience and cost effectiveness – powered by cameras that monitor our movements, sensors that line our streets, and algorithms that determine our resource allocation – but at what cost? Exploring the relationship between technology and cities, this book brings together an outstanding group of authors in the field to provide a critical and necessary examination of the disruption that is under way. They look at how cities should understand and regulate novel technologies, what can be learned from proposed and failed smart city projects, and how innovative economies change the structure of cities themselves. Contributors dig deeply into these and similar subjects, contributing their voices to an important dialogue on the future of urban policy and governance. The first collection of its kind, this groundbreaking volume brings together social, economic, and cultural insights to enhance our understanding of the ongoing technological upheaval in cities around the world.

A rich and nuanced analysis of the interplay of social, political, and economic factors in thirteen Canadian city-regions, large and small, this collection integrates research focusing on innovation, creativity and talent-retention, and governance in order to understand the distinctive experience of each region.

Two of the most celebrated black neighborhoods in the United States—Harlem in New York City and Bronzeville in Chicago—were once plagued by crime, drugs, and abject poverty. But now both have transformed into increasingly trendy and desirable neighborhoods with old buildings being rehabbed, new luxury condos being built, and banks opening branches in areas that were once redlined. In The New Urban Renewal, Derek S. Hyra offers an illuminating exploration of the complicated web of factors—local, national, and global—driving the remarkable revitalization of these two iconic black communities. How did these formerly notorious ghettos become dotted with expensive restaurants, health spas, and chic boutiques? And, given that urban renewal in the past often meant displacing African Americans, how have both neighborhoods remained black enclaves? Hyra combines his personal experiences as a resident of both communities with deft historical analysis to investigate who has won and who has lost in the new urban renewal. He discovers that today’s redevelopment affects African Americans differentially: the middle class benefits while lower-income residents are priced out. Federal policies affecting this process also come under scrutiny, and Hyra breaks new ground with his penetrating investigation into the ways that economic globalization interacts with local political forces to massively reshape metropolitan areas. As public housing is torn down and money floods back into cities across the United States, countless neighborhoods are being monumentally altered. The New Urban Renewal is a compelling study of the shifting dynamics of class and race at work in the contemporary urban landscape.