| Autor: |
Frankel, Bruce, Hepworth, Emily, Sullivan, Jonathan |
| Předmět: |
|
| Zdroj: |
Annual International Conference on Architecture & Civil Engineering; 2019, p643-652, 10p |
| Abstrakt: |
Public-Private Partnerships [PPP's] for local economic development increasingly have been offered as a private good, structured to minimize private risk and maximize private reward through public sector participation. During the current century PPP's have evolved as catering to the private hegemony, rarely serving the public interest or rewarding the public sector for its investment risk. Economic developers steal from one region to another, rather than nurture the home-grown model, a plea of Jane Jacobs almost half a century ago. They make uneven the playing field with financial and logistical advantages to one firm that cause competitors to struggle. They do so through supply-side economic incentives appealing to "footloose" industries, requiring subsidies to relocate and tempted, by way of conditioning, to leave once the incentives expire. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Complementary Index |
| Externí odkaz: |
|
