Metropolitan Resilience in a Time of Economic Turmoil
Publication Year: 2013
Published by: University of Illinois Press
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Title Page, Copyright
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Preface and Acknowledgments
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The University of Illinois at Chicago (UIC) has hosted a forum on urban issues since 1995, when the first forum was convened under the auspices of the Great Cities Institute at UIC. The “Winter Forum” met annually until 2005, convening scholars, public intellectuals, policy makers, and elected officials from the ...
Part One: Overview
Cities and the Great Recession
Michael A. Pagano
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The Great Recession has had a powerful effect on metropolitan regions and on local governments. The real-estate bubble burst in 2007, putting many owners under water (the mortgage exceeded the market value of the home) and the stock markets plummeted in 2008, wiping out hundreds of billions...
Part Two: White Papers
Building the Local Social Safety Net in an Era of Fiscal Constraint
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Despite the complex funding responsibilities and administrative arrangements for the social safety net, municipal government engagement with that net is crucial to the health and well-being of all residents. This chapter introduces the strategies local governments use to build safety nets for their ...
Resilient Economic Development
Raphael W. Bostic
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The question of what makes and keeps local and regional economies and societies resilient is an important one. In an increasingly global and competitive world, the market and other forces that influence a local and regional economy can change quickly, altering the competitive balance in ways that...
How Cities Collaborate While Competing in the New Economy
Richard C. Feiock
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Five years after the onset of the “Great Recession,” its aftereffects continued to limit the economic opportunities of cities. Yet the Great Recession also unleashed forces to reshape the way that metropolitan regions are governed. By accelerating both competition and collaboration, this restructuring creates the potential for metropolitan regions to be more resilient....
The Legacy Costs of Earlier Decisions
Richard P. Nathan
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By definition, a legacy is something handed down from the past. This chapter focuses on four types of financial strategies in government that involve acting now and paying over time. Because they are so intertwined, the chapter considers the consequences of financial legacy strategies at both the state and...
Part Three: Summary
Converstaions with Local Policy Officials
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The 2012 UIC Urban Forum began with opening remarks from Chancellor Paula Allen-Meares, who welcomed the audience and restated the commitment of the University of Chicago at Illinois to “a national discussion of the vital issues facing urban areas.” ...
Part Four: Policy Experiments
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The authors of the white papers (and the chapters in this book), the discussants at the UIC Urban Forum panels, and the moderators identified, debated, and discussed a broad range of possible policy experiments for the future resilience of the metropolitan region. Drawing on suggestions and recommendations,...
Page Count: 200
Publication Year: 2013