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RESTRUCTURING LOCAL ECONOMIES THROUGH NEGOTIATED INVESTMENT STRATEGIES
Author(s) -
Kunde James E.,
Berry Daniel E.
Publication year - 1981
Publication title -
policy studies journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.773
H-Index - 69
eISSN - 1541-0072
pISSN - 0190-292X
DOI - 10.1111/j.1541-0072.1981.tb01007.x
Subject(s) - restructuring , investment (military) , intervention (counseling) , economic restructuring , state (computer science) , public administration , process (computing) , political science , economics , economy , economic system , business , finance , law , psychology , algorithm , psychiatry , politics , computer science , operating system
This article examines an experimental process called the Negotiated Investment Strategy (NIS). The NIS, a method for coordinating federal, state, and local (public and private) expenditures at the community level, has been tested in three midwestern communities: St. Paul, Minnesota; Columbus, Ohio; and Gary, Indiana. The article describes the assumptions which underlie the concept, results of the three‐city experiments, and speculates on the potential of the NIS for restructuring local economies. Particular attention is given to evaluating the SIS as a process intervention which could assist communities undergoing traumatic economic change.