‘Beyond GDP’ in cities: Assessing alternative approaches to urban economic development.

CRISP, Richard, WAITE, David, GREEN, Anne, HUGHES, Ceri, LUPTON, Ruth, MACKINNON, Danny and PIKE, Andy (2023). ‘Beyond GDP’ in cities: Assessing alternative approaches to urban economic development. Urban Studies.

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Abstract

Crises spur reflection and re-evaluation of what matters and what is valued. The impacts of the 2008 global financial crisis, COVID-19 pandemic and climate emergency are reigniting debates about the nature of economic development approaches and what they aim to achieve in urban settings. Addressing a substantive gap in contemporary debates by helping to navigate a burgeoning and diverse field, this paper provides a critical and comparative assessment of five leading agendas that have been positioned as alternative and progressive policy responses to urban economic change: inclusive growth; the wellbeing economy; community wealth building; doughnut economics; and the foundational economy. Taking an international perspective, the paper provides a comparative review of their stated visions, mechanisms for change, and the spatial scales through which they are led and implemented. Our argument is that these alternative approaches to urban economic development are shaping creative, innovative and progressive responses to longstanding urban problems within policy and practice communities but require on-going scrutiny and evaluation to realise their potential to meaningfully achieve transformative change.

Plain Text Summary

Compares and contrasts five frameworks that have been positioned as alternative and progressive approaches to economic development: inclusive growth; the wellbeing economy; community wealth building; doughnut economics; and the foundational economy.

Item Type:	Article
Uncontrolled Keywords:	community wealth building; inclusive growth; governance; local government; policy; 1205 Urban and Regional Planning; 1402 Applied Economics; 1604 Human Geography; Urban & Regional Planning; 3304 Urban and regional planning; 4406 Human geography; 4407 Policy and administration
Identification Number:	https://doi.org/10.1177/00420980231187884
SWORD Depositor:	Symplectic Elements
Depositing User:	Symplectic Elements
Date Deposited:	11 Sep 2023 13:22
Last Modified:	11 Sep 2023 13:22
URI:	https://shura.shu.ac.uk/id/eprint/32353

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