Publisher's Synopsis
This volume identifies the main considerations in the policy formation process, isolates cross-national commonalities and differences, and discusses the potential for cross-national local economic development policy transfer. Communities in both the US and the UK have tried to come to grips with the problem of local economic development growth.;At times the solutions have been quite similar, at other times very different. Business-led community economic development programs promote business interests and try to ensure business growth. Community-based programs, on the other hand, focus on the need for jobs and adequate incomes for its residents. The articles examine local economic developments from a comparative perpective.