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Local Economic Development in China and the United States: Strategies and Issues
Author(s) -
Liou Kuotsai Tom
Publication year - 2009
Publication title -
public administration review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 2.721
H-Index - 139
eISSN - 1540-6210
pISSN - 0033-3352
DOI - 10.1111/j.1540-6210.2009.02086.x
Subject(s) - china , incentive , general partnership , local government , sustainable development , economic growth , government (linguistics) , nature versus nurture , globalization , local economic development , business , economics , political science , public administration , market economy , finance , linguistics , philosophy , biology , law , genetics
Globalization stimulates local governments in China and the United States to step up their economic development efforts. What strategies are successful and why? Does industry cluster development lead to higher per capita income? What government infrastructure and incentives stimulate and nurture businesses? This article examines local economic development in China and the United States, comparing strategies and outlining challenging issues. Kuotsai Tom Liou of the University of Central Florida finds that local governments must play the leading role in sustainable development, as a partnership approach promotes collaboration among communities, industries, and other government entities. Policy implications and theoretical issues aimed to promote further comparative studies are presented .