Urban revitalization
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This presentation provides an overview of urban revitalization efforts in the northeast United States following World War II. It discusses the decline of older industrial cities as employers moved to the suburbs, placing urban centers at a disadvantage. The objectives are to examine the past issues and prospects for revitalizing the industrial sector in the region and discuss the current situation in northeast USA. Different strategic steps taken for revitalization included business improvement districts, brownfield redevelopment, tax increment financing, mega-projects, attracting the creative class, and strengthening central business districts.
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COI1-1This is an optional chapter for assignment by inst.docx
COI1-1
This is an optional chapter for assignment by
instructors who desire to cover international trade
early in the course but do not want to assign the more
graphical Chapter 37 (Chapter 20 in Macroeconomics
and Chapter 23 in Microeconomics) for that purpose.
If this updated Chapter 5 of Economics is assigned,
Chapter 37 should not also be assigned in the same
course. Much of the content in Chapter 5 of the 18e is
now in Chapter 37 of the 19e. In some places, the
transfer of content is word-for-word.
AFTER READING THIS CHAPTER, YOU SHOULD BE
ABLE TO:
1 State several key facts about U.S. international
trade.
2 Define comparative advantage and explain how it
relates to specialization and international trade.
3 Explain how exchange rates are determined in
currency (foreign-exchange) markets.
4 Explain how and why government sometimes
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The United States in the
Global Economy
Backpackers in the wilderness like to think they are “leaving the world behind,” but, like Atlas, they
carry the world on their shoulders. Much of their equipment is imported—knives from Switzerland, rain
gear from South Korea, cameras from Japan, aluminum pots from England, sleeping bags from China,
and compasses from Finland. Moreover, they may have driven to the trailheads in Japanese-made Toyotas
or German-made BMWs, sipping coffee from Brazil or snacking on bananas from Honduras.
International trade and the global economy affect all of us daily, whether we are hiking in the wil-
derness, driving our cars, listening to music, or working at our jobs. We cannot “leave the world be-
hind.” We are enmeshed in a global web of economic relationships, such as the trading of goods and
services, multinational corporations, cooperative ventures among the world’s firms, and ties among
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mcc11447_coi1_001-021.indd Page COI1-1 09/10/10 8:09 AM F-497mcc11447_coi1_001-021.indd Page COI1-1 09/10/10 8:09 AM F-497 204/MHCE015/atk75187_disk1of1/0073375187/atk75187_pagefiles204/MHCE015/atk75187_disk1of1/0073375187/atk75187_pagefiles
COI1-2
The United States and
World Trade
Our main goal in this chapter is to examine trade flows
and the financial flows that pay for them. What is the ex-
tent and pattern of international trade, and how much has
that trade grown? Who are the major participants?
Volume and Pattern
Table COI 1.1 suggests the importance of world trade for
selected countries. Many countries, with restricted re-
sources and limited domestic markets, cannot efficiently
produce the variety of goods their citizens want. So they
must import goods from other nations. That, in turn.
Energy Reform and Local Content -Mining Sector (Final)
This technical note analyzes how Mexico's 2013 energy reform may impact the mining sector through increased linkages with the hydrocarbon sector. It describes the political and regulatory context of both sectors and outlines Mexico's local content policies. It then projects significant growth in oil and gas production over the next 20 years, which will require major investments that create opportunities for Mexico's mining industry to supply needed minerals and services. The note estimates demand increases for minerals used in hydrocarbon production and analyzes which Mexican mining companies could benefit through expanded local content provisions.
Perry mistry prospecsv.org_1_cleantechmanufacturing-in-sanjose
The document discusses findings from a study of manufacturing in San Jose. It finds that while San Jose lost manufacturing jobs over the last decade, the rate of job loss was lower than California and the nation. Manufacturing productivity and output in San Jose increased strongly. The document outlines strategies to strengthen manufacturing, including promoting existing city programs, forging connections between manufacturers and emerging companies, and developing workforce training programs.
Industrization the rise of big business
This document provides an outline about the rise of big business in America in the late 19th century. It discusses key terms, the rural agricultural society of the 1800s, the foundation and drivers of industrialization including technological innovation and economic changes. It then covers the corporate revolution and examples of major entrepreneurs and companies like Standard Oil. Finally, it discusses the economic impacts and changes including concentration, integration, and new opportunities that came with industrialization. The overall document provides context and overview about the shift from a rural agricultural economy to one dominated by large industrial corporations in this time period.
Running Head INDUSTRIALIZATION AND CIVIL WAR .docx
The document discusses the effects of industrialization in the United States after the Civil War. It analyzes how industrialization impacted society, the economy, and politics between 1865 and 1920. Key effects included the rise of big businesses, regional economic differences between the South and West, and mass migration from rural to urban areas. Specific groups like farmers, the aged, immigrants, and the poor saw their lives change. The average working American experienced changes like mechanization, child labor, unionization, and workers' rights reforms during this period of industrialization.
The Role of the Industrial policies in National Technological Catch-up
1. Development State
2. Industrial Policy
3. Lessons from South Korea and Japan
4. Philippines New Industrial Policy
TM 241 - Technology Acquisition and Assimilation,
University of the Philippines Diliman - Technology Management Center
Winning in the New Innovation-Based Global Economy: Is Boosting the Supply Si...
This document summarizes key points from a presentation on boosting innovation to drive economic growth. It discusses how new technology transformations have powered economic growth cycles. While some argue the supply side is enough, the document advocates boosting both supply of innovation factors and demand from companies. A comprehensive strategy is needed to incentivize investment in US innovation, fight foreign protectionism, and not ignore demand-side factors like research funding and skills.
Proto-Industrialization And Proto-Industrialization
Industrialization and imperialism were closely linked in the 19th century and both contributed to global conflicts. Industrialization first occurred in Europe where new factories and manufacturing drove economic and population growth. However, industrialization was lacking in other parts of the world like China. This imbalance, combined with European imperial expansion seeking new markets and resources, led to tensions between industrialized and non-industrialized nations that sometimes erupted into war. Both industrialization and imperialism had positives in terms of economic development but also had negatives like environmental damage and conflicts over control of foreign lands and peoples.
ECON251 INDUSTRY AND TRADE IN ASIA Tutorial 3 [Topic .docx
ECON251
INDUSTRY AND TRADE IN ASIA
Tutorial 3 [Topic 6 -8]
SECTION A : DATA ANALYSIS AND CASE STUDY
Question 1 The small successful Economies - Singapore and Hong Kong – A tale of 2 cities
Background 1: The economics model
The Solows Economic Growth model
Y = A LSL KSK
Where
• Y is output or GDP;
• A is Total factor Productivity (TFP);
TFP in general refers to technical improvements that allow for GDP growth without any corresponding
increase in labour or capital.
This could be through any type of improvements in underlying technology, such as an improvement in
production methodology (Howitt and Aghion, 1998) or a decrease in per unit costs (Harberger, 1998).
TFP can also be accrued due to external factors as externalities, economies of scale, and investment-
specific technical change etc
• K and L are capital and labour inputs respectively; and
• SK and SL are the income shares of capital and labour respectively
Background 2 : Brief Introduction to the two jewels of East Asia
Hong Kong and Singapore are similar in many ways .
To begin with the similarities: In the prewar era, both economies were British colonies that served as
entrepot trading ports, with little domestic manufacturing activity. Hong Kong processed trade
between Mainland China and the rest of the world, and Singapore served as a conduit for world
trade with Malaya and Indonesia.
In the postwar era, however, both economies developed large export-dependent domestic
manufacturing sectors. Both economies have passed through a similar set of industries, moving from
textiles, to clothing, to plastics, to electronics, and then, in the 1980s, gradually moving from
manufacturing into banking and financial services. Gross domestic product (GDP) per capita in the
two economies was quite close in 1960, and they have subsequently grown at the same remarkable
rate.
From the political economy perspective, one can note that both economies inherited a fairly
efficient and rational administrative structure. The postwar population of both was composed
primarily of immigrant Chinese from Southern China. Both economies are really small cities, with no
significant agricultural interests, economic or political. Along many dimensions of interest to growth
theorists, the two economies are, however, conveniently dissimilar.
The role of government
While the Hong Kong government has emphasized a policy of laissez faire and state intervention is
primarily on infrastructure development , the Singaporean government has, since the early 1960s,
pursued the accumulation of physical capital via forced national saving and the solicitation of a
veritable deluge of foreign investment.
[Adapted from Young, Alywn, “A Tale of Two Cities: Factor Accumulation and Technical Change in Hong Kong
and Singapore, January 1992 ]
Abstract 1: Grappling with productivity challenge over the decades, April 24, 2016, ...
June3meeting
The document summarizes findings from a market analysis conducted for a strategic economic development action plan in Reading, MA. It provides information on the housing, retail, office, and residential markets in Reading and the surrounding area. For housing, it notes growing demand for rental units and condominiums as well as rising home prices. The retail market analysis found opportunities to fill vacancies downtown and concentrate new retail and restaurants there. The office market in the area is improving but faces strong competition for jobs. Feedback from residents supported mixed-use development, retail on the ground floor, and residential to support local businesses.
Utica Exec Summary PDF
The City of Utica recorded a budget surplus in 2012 due to staff cuts and renegotiated union health plans. Utica's diverse population, including nearly 12% refugees from the 1970s onward, has added vibrancy and refurbished dilapidated housing and started small businesses. However, the city faces economic challenges like the loss of manufacturing jobs and a declining tax base. Current projects include a nano technology center and START-UP NY at SUNY IT, but these provide tax abatements without new tax revenue. Local organizations are pursuing development without tax breaks to benefit Uticans. Coordination between the city and these groups can strengthen economic development.
City of Glendale Report
The document discusses establishing a creative media and design district within Glendale's San Fernando Road Corridor redevelopment project area. It finds that over a third of existing businesses could be considered creative industries. It recommends further exploring defining and promoting the district to attract high-paying creative jobs, complement existing industries, and develop lifestyle amenities. Challenges include the large area size and potential for industrial stagnation, though existing media anchors provide a foundation.
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Economic Development --- Chapter 6th "Classic readings in urban planning"
Economic Development --- Chapter 6th "Classic readings in urban planning"
Brownfields Tour: A Visit to Hazelwood Green & RIDC Mill 19
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The Rise of the Mexican Industry in 2023 | The Enterprise World
The Rise of the Mexican Industry in 2023 | The Enterprise World
COI1-1This is an optional chapter for assignment by inst.docx
COI1-1This is an optional chapter for assignment by inst.docx
Energy Reform and Local Content -Mining Sector (Final)
Energy Reform and Local Content -Mining Sector (Final)
Perry mistry prospecsv.org_1_cleantechmanufacturing-in-sanjose
Perry mistry prospecsv.org_1_cleantechmanufacturing-in-sanjose
Running Head INDUSTRIALIZATION AND CIVIL WAR .docx
Running Head INDUSTRIALIZATION AND CIVIL WAR .docx
The Role of the Industrial policies in National Technological Catch-up
The Role of the Industrial policies in National Technological Catch-up
Winning in the New Innovation-Based Global Economy: Is Boosting the Supply Si...
Winning in the New Innovation-Based Global Economy: Is Boosting the Supply Si...
Proto-Industrialization And Proto-Industrialization
Proto-Industrialization And Proto-Industrialization
ECON251 INDUSTRY AND TRADE IN ASIA Tutorial 3 [Topic .docx
ECON251 INDUSTRY AND TRADE IN ASIA Tutorial 3 [Topic .docx
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Urban revitalization
- 1. 1 Presentation on Urban Revitalization in the United States
- 2. 2 Course Code : URP2202 Course Title : Urban Planning Techniques Field Work & Lab
- 3. Name of Contents Page number Background (4-8) Objectives (9-10) Study Area (11-17) Methodology (18-19) Planning Phase (20-32) 3
- 4. 4
- 5. 5 This part will provide a historical narrative of the origins & evolutions of industrial redevelopment programs in the northeast part of United States. It will focus on the causes & processes of industrial decline, especially during the period following World War II, while examining the responses by each level of government to technological advancement, changing settlement patterns, and economic restructuring.
- 6. 6
- 7. These cities had originally prospered as centers of manufacturing production , wholesale trade and retail sales. The postwar years made a watershed period for government sponsored urban (industrial) redevelopment policies in this part of United States. While the USA economy entered a long and steady period of growth and productivity after world war II, older industrial cities experienced losses of employers to the suburbs . However according to Teaford (1990:3), “New modes of transportation , an influx of poor migrants and the unprecedented competition from the suburbs now placed these older urban centers as a disadvantage in the struggle for business who would pay more in taxes then they required in services .“ 7
- 8. 8
- 9. 9
- 10. The objectives of this paper are given below : Find out the past situation, problems and prospects in revitalizing industrial sector in this region. To talk over the present situation of northeast USA. 10
- 11. 11
- 12. 12 North American industrial region comprising of USA and Canada is a highly developed industrial region of the world .The northeast area of USA has become the world’s greatest industrial region. The speed at which the industrial pattern of this part of USA is shifting and changing today is, a measure of it’s industrial wealth and the newness of it’s development. The North American continent has many great industrial centers and regions. This is partly the consequence of the widespread nature of the resources of the continent, and partly because of the late date at which industrialization took place.
- 13. 13
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- 19. We decided to prepare our presentation on urban revitalization of northeast USA because after world war 2, vast demolition took place in USA and throughout revitalization process, now northeast USA is one of the most established and leading region of the world. Key steps of revitalization were : 1. Business Improvement Districts(BID) 2. Brownfield Redevelopment 3. Tax Increment Financing(TIF) 4. Mega-Projects 5. The Creative Class 6. Central Business Districts 19
- 20. 20
- 21. 21
- 22. Different strategic steps that were taken for revitalization are given below : Business Improvement District ; Brownfield Redevelopment ; Tax Increment Financing (TIF) ; Mega-projects ; The Creative Class ; Central Business District (CBD) . 22
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