Metropolitan Resilience in a Time of Economic Turmoil

Metropolitan Resilience in a Time of Economic Turmoil
Author :
Publisher : University of Illinois Press
Total Pages : 201
Release :
ISBN-10 : 9780252096013
ISBN-13 : 0252096010
Rating : 4/5 (13 Downloads)

Synopsis Metropolitan Resilience in a Time of Economic Turmoil by : Michael A. Pagano

Cities, counties, school districts and other local governments have suffered a long-lasting period of fiscal challenges since the beginning of the Great Recession. Metropolitan governments continue to adjust to the "new normal" of sharply lower property values, consumer sales, and personal income. Contributors to this volume include elected officials, academics, key people in city administrations, and other nationally recognized experts who discuss solutions to the urban problems created by the Great Recession. Metropolitan Resilience in a Time of Economic Turmoil looks at the capacity of local governments to mobilize resources efficiently and effectively, as well as the overall effects of the long-term economic downturn on quality of life. Introducing the reader to the fiscal effects of the Great Recession on cities, the book examines the initial fraying and subsequent mending of the social safety net, the opportunities for pursuing economic development strategies, the challenges of inter-jurisdictional cooperation, and the legacy costs of pension liabilities and infrastructure decay. Contributors are Phil Ashton, Raphael Bostic, Richard Feiock, Rachel A. Gordon, Rebecca Hendrick, Geoffrey J.D. Hewings, David Merriman, Richard Nathan, Michael A. Pagano, Breeze Richardson, Annette Steinacker, Nik Theodore, Rachel Weber, and Margaret Weir.

Urban and Regional Policy and its Effects

Urban and Regional Policy and its Effects
Author :
Publisher : Brookings Institution Press
Total Pages : 354
Release :
ISBN-10 : 9780815722854
ISBN-13 : 0815722850
Rating : 4/5 (54 Downloads)

Synopsis Urban and Regional Policy and its Effects by : Margaret Weir

The mission of the Urban and Regional Policy and Its Effects series is to inform policymakers, practitioners, and scholars about the effectiveness of select policy approaches, reforms, and experiments in addressing the key social and economic problems facing today's cities, suburbs, and metropolitan areas. Volume four of the series introduces and examines thoroughly the concept of regional resilience, explaining how resilience can be promoted—or impeded—by regional characteristics and public policies. The authors illuminate how the walls that now segment metropolitan regions across political jurisdictions and across institutions—and the gaps that separate federal laws from regional realities—have to be bridged in order for regions to cultivate resilience. Contributors: Patricia Atkins, George Washington University; Pamela Blumenthal, U.S. Department of Housing and Urban Development; Sarah Ficenec, George Washington University; Alec Friedhoff, Brookings Institution; Kathryn Foster, University at Buffalo, SUNY; Juliet Gainsborough, Bentley University; Edward Hill, Cleveland State University; Kate Lowe, Cornell University; John Mollenkopf, Graduate Center, City University of New York; Mai Nguyen, University of North Carolina, Chapel Hill; Manuel Pastor, University of Southern California; Rolf Pendall, Urban Institute; Nancy Pindus, Urban Institute; Sarah Reckhow, Michigan State University; Travis St. Clair, George Washington University; Todd Swanstrom, University of Missouri, St. Louis; Margaret Weir, University of California, Berkeley; Howard Wial, Brookings Institution; Harold Wolman, George Washington University

Technology and the Resilience of Metropolitan Regions

Technology and the Resilience of Metropolitan Regions
Author :
Publisher : University of Illinois Press
Total Pages : 177
Release :
ISBN-10 : 9780252097140
ISBN-13 : 0252097149
Rating : 4/5 (40 Downloads)

Synopsis Technology and the Resilience of Metropolitan Regions by : Michael A. Pagano

Can today's city govern well if its citizens lack modern technology? How important is access to computers for lowering unemployment? What infrastructure does a city have to build in order to attract new business? In this new collection, Michael A. Pagano curates engagement with such questions by public intellectuals, stakeholders, academics, policy analysts, and citizens. Each essay explores issues related to the impact and opportunities technology provides in government and citizenship, health care, workforce development, service delivery to citizens, and metropolitan growth. As the authors show, rapidly emerging technologies and access to such technologies shape the ways people and institutions interact in the public sphere and private marketplace. The direction of metropolitan growth and development, in turn, depends on access to appropriate technology scaled and informed by the individual, household, and community needs of the region. Contributors include Randy Blankenhorn, Bénédicte Callan, Jane Fountain, Sandee Kastrul, Karen Mossberger, Dan O'Neil, Michelle Russell, Alfred Tatum, Stephanie Truchan, Darrel West, and Howard Wial.

Coping with Adversity

Coping with Adversity
Author :
Publisher : Cornell University Press
Total Pages : 419
Release :
ISBN-10 : 9781501712135
ISBN-13 : 1501712136
Rating : 4/5 (35 Downloads)

Synopsis Coping with Adversity by : Harold Wolman

Coping with Adversity addresses the question of why some metropolitan-area regional economies are resilient in the face of economic shocks and chronic distress while others are not. It is particularly concerned with what public policies make a difference in whether a region is resilient. The authors employ a wide range of techniques to examine the experience of all metropolitan area economies from 1978–2014. They then look closely at six American metropolitan areas to determine what strategies were employed, which of these contributed to regional economic resilience, and which did not. Charlotte, North Carolina, Seattle, Washington, and Grand Forks, North Dakota, are cases of economic resilience, while Cleveland, Ohio, Hartford, Connecticut, and Detroit, Michigan, are cases of economic nonresilience. The six case studies include hard data on employment, production, and demographics, as well as material on public policies and actions. The authors conclude that there is little that can done in the short term to counter economic shocks; most regions simply rebound naturally after a relatively short period of time. However, they do find that many regions have successfully emerged from periods of prolonged economic distress and that there are policies that can be applied to help them do so. Coping with Adversity will be important reading for all those concerned with local and regional economic development, including public officials, urban planners, and economic developers.

Cities and Crisis

Cities and Crisis
Author :
Publisher :
Total Pages : 291
Release :
ISBN-10 : 1784992909
ISBN-13 : 9781784992903
Rating : 4/5 (09 Downloads)

Synopsis Cities and Crisis by : Josef W. Konvitz

Cities have been missing from analyses of the global economic crisis and debates about how to generate a sustainable recovery. Cities and crisis provides a fresh assessment of what has changed since 1990 and what has not, of policy assumptions about urban economies, and of lessons of experience. A city-centred strategy to lift urban productivity must reduce deficits of urban innovation and of infrastructure investment: the new limits to growth. The outlook of more frequent and more costly crises to come - environmental, health, and even economic - makes these deficits more alarming. Yet governments seem incapable of setting out a vision for the future of cities. Things may get worse before they get better. We may need radical reforms to get practical solutions to improve urban economic performance and to reduce the impact of urban disasters and crises: our major challenges. Putting cities at the centre of policy will challenge how governments, structured by sectors and levels, work. Paradigm shifts in economic governance have been undertaken successfully in the past; we are just out of practice. Drawing on dozens of reports from the OECD to illuminate recent trends, emerging risks and initiatives to improve decision-making, Cities and crisis is about the future, starting where we are. This book is essential for anyone interested in the lessons of the 2008 crisis for the future of cities in the twenty-first century, and is suitable for classroom use in politics, urban studies, development and business.

Complexity and Resilience

Complexity and Resilience
Author :
Publisher : CRC Press
Total Pages : 147
Release :
ISBN-10 : 9781000797008
ISBN-13 : 1000797007
Rating : 4/5 (08 Downloads)

Synopsis Complexity and Resilience by : Samaneh Sadat Nickain

Processes driving urban growth are inherently related to multiple socio-economic factors, making the analysis of urban form and functions a challenging and complicated endeavour. Several fundamental factors and contextual indicators contribute to identify the main determinants of urban growth, that include economic and demographic variables, the socio-spatial structure, territorial patterns, institutional, religious and cultural attributes. Understanding spatio-temporal patterns of economic resilience can support the adoption of explicit developmental policies addressing specificities and local weaknesses of regional contexts.Thirty years after the seminal work entitled 'The Mediterranean City in Transition' by Lila Leontidou, the present contribution re-formulates a narrative framework interpreting the medium-term evolution of Southern European cities and generalises this frame to the analysis of other metropolitan areas with similar morphological and functional characteristics worldwide. Going beyond traditional Mediterranean discourses grounded on economic backwardness, social secularism, and demographic mix, an original interpretation of Mediterranean urbanities is proposed related to the local governance, real estate bubbles, land-use mix, and deregulation in urban expansion. Focusing on socioeconomic development processes in the Northern Mediterranean, the lost opportunity to reduce regional disparities and to give value to scenic and cultural values of the cities and the surrounding countryside are additional issues considered in this vision. Basing on a narrative analysis of ecologically fragile and socially fragmented Mediterranean contexts, the pervasiveness of a structural crisis - affecting regional and country economic systems, while infiltrating in the institutions, local governance systems, and the society, is finally debated as a contribution to a better understanding of complex urbanities worldwide.

The Financial Crisis Inquiry Report

The Financial Crisis Inquiry Report
Author :
Publisher : Cosimo, Inc.
Total Pages : 692
Release :
ISBN-10 : 9781616405410
ISBN-13 : 1616405414
Rating : 4/5 (10 Downloads)

Synopsis The Financial Crisis Inquiry Report by : Financial Crisis Inquiry Commission

The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.

Resilient City

Resilient City
Author :
Publisher : Russell Sage Foundation
Total Pages : 354
Release :
ISBN-10 : 0871541602
ISBN-13 : 9780871541604
Rating : 4/5 (02 Downloads)

Synopsis Resilient City by : Howard Chernick

The strike against the World Trade Center on September 11, 2001, was a violent blow against the United States and a symbolic attack on capitalism and commerce. It shut down one of the world's busiest commercial centers for weeks, destroyed or damaged billions of dollars worth of property, and forced many New York City employers to slash their payrolls or move jobs to other areas. The immediate economic effect was substantial, but how badly did 9/11 affect New York City's economy in the longer term? In Resilient City, Howard Chernick and a team of economic experts examine the city's economic recovery in the three years following the destruction of the Twin Towers. Assessing multiple facets of the New York City economy in the years after 9/11, Resilient City discerns many hopeful signs among persistent troubles. Analysis by economist Sanders Korenman indicates that the value of New York–based companies did not fall relative to other firms, indicating that investors still believe that there are business advantages to operating in New York despite higher rates of terrorism insurance and concerns about future attacks. Cordelia Reimers separates the economic effect of 9/11 from the effects of the 2001 recession by comparing employment and wage trends for disadvantaged workers in New York with those in five major U.S. cities. She finds that New Yorkers fared at least as well as people in other cities, suggesting that the decline in earnings and employment for low-income New York workers in 2002 was due more to the recession than to the effects of 9/11. Still, troubles remain for New York City. Howard Chernick considers the substantial fiscal implications of the terrorist attacks on New York City, estimating that the attack cost the city about $3 billion in the first two years alone; a sum that the city now must make up through large tax increases, spending cuts, and substantial additional borrowing, which will inevitably be a burden on future budgets. The terrorist attacks of September 11 dealt a severe blow to the economy of New York City, but it was far from a knock-out punch. Resilient City shows that New York's dynamic, flexible economy has absorbed the hardships inflicted by the attacks, and provides a thorough, authoritative A Russell Sage Foundation September 11 Initiative Volume

National Earthquake Resilience

National Earthquake Resilience
Author :
Publisher : National Academies Press
Total Pages : 197
Release :
ISBN-10 : 9780309186773
ISBN-13 : 0309186773
Rating : 4/5 (73 Downloads)

Synopsis National Earthquake Resilience by : National Research Council

The United States will certainly be subject to damaging earthquakes in the future. Some of these earthquakes will occur in highly populated and vulnerable areas. Coping with moderate earthquakes is not a reliable indicator of preparedness for a major earthquake in a populated area. The recent, disastrous, magnitude-9 earthquake that struck northern Japan demonstrates the threat that earthquakes pose. Moreover, the cascading nature of impacts-the earthquake causing a tsunami, cutting electrical power supplies, and stopping the pumps needed to cool nuclear reactors-demonstrates the potential complexity of an earthquake disaster. Such compound disasters can strike any earthquake-prone populated area. National Earthquake Resilience presents a roadmap for increasing our national resilience to earthquakes. The National Earthquake Hazards Reduction Program (NEHRP) is the multi-agency program mandated by Congress to undertake activities to reduce the effects of future earthquakes in the United States. The National Institute of Standards and Technology (NIST)-the lead NEHRP agency-commissioned the National Research Council (NRC) to develop a roadmap for earthquake hazard and risk reduction in the United States that would be based on the goals and objectives for achieving national earthquake resilience described in the 2008 NEHRP Strategic Plan. National Earthquake Resilience does this by assessing the activities and costs that would be required for the nation to achieve earthquake resilience in 20 years. National Earthquake Resilience interprets resilience broadly to incorporate engineering/science (physical), social/economic (behavioral), and institutional (governing) dimensions. Resilience encompasses both pre-disaster preparedness activities and post-disaster response. In combination, these will enhance the robustness of communities in all earthquake-vulnerable regions of our nation so that they can function adequately following damaging earthquakes. While National Earthquake Resilience is written primarily for the NEHRP, it also speaks to a broader audience of policy makers, earth scientists, and emergency managers.

Lifelines

Lifelines
Author :
Publisher : World Bank Publications
Total Pages : 220
Release :
ISBN-10 : 9781464814310
ISBN-13 : 1464814317
Rating : 4/5 (10 Downloads)

Synopsis Lifelines by : Stephane Hallegatte

Infrastructure—electricity, telecommunications, roads, water, and sanitation—are central to people’s lives. Without it, they cannot make a living, stay healthy, and maintain a good quality of life. Access to basic infrastructure is also a key driver of economic development. This report lays out a framework for understanding infrastructure resilience - the ability of infrastructure systems to function and meet users’ needs during and after a natural hazard. It focuses on four infrastructure systems that are essential to economic activity and people’s well-being: power systems, including the generation, transmission, and distribution of electricity; water and sanitation—especially water utilities; transport systems—multiple modes such as road, rail, waterway, and airports, and multiple scales, including urban transit and rural access; and telecommunications, including telephone and Internet connections.