Published: 17th Jun 2015

Philadelphia has been the latest stop on my tour of cities in the United States which are responding to economic decline. The people I have spoken to at the City of Philadelphia would never talk of the policy approach being a response to economic decline; instead the dialogue is one of responding to economic opportunity. Decline in Philadelphia has not necessarily been about the closure of a single industry, but a consequence of shifts in the global economy across a range of sectors. Philadelphia is based in an extremely strategic location, half way between New York City and Washington DC. It is seen as affordable, liveable and becoming increasingly attractive for young people and fledgling entrepreneurs and businesses. It does however face significant challenges. Compared to the other 10 largest cities in the United States, Philadelphia regularly reports the highest levels of poverty, crime, unemployment and ill-health, with one in … (To read the full article, subscribe below)