Published: 1st Jun 2015

Today, I embark on a three week fact finding mission to the United States. I am particularly interested to understand how their places and cities have responded to the challenges posed by economic decline and how we can learn from these activities in a UK context. In the UK, our response to economic decline and indeed our approach to economic growth has focused on the concept of ‘trickle down’; invest in a piece of infrastructure or a physical regeneration initiative and the benefit will organically flow to communities and those in greatest need. This concept has driven much urban economic policy in the UK over the last 30 years ranging from the urban development corporations of the 1980s to the contemporary local enterprise partnerships and potentially the debate around devolution. My problem with ‘trickle down’ is that it has not flowed down organically to benefit local economies and people and … (To read the full article, subscribe below)