Benefits to the Urban Economy
Chapter 8: A Look to the Future for Policy Makers: Best Practices
In this chapter we will pull together some of the best practices that have been implemented by the 40 cities we have included in this study. While some of the cities have yet to introduce policies that will enable them to capture the economic benefits that are potentially available to them, most have seen these benefits and have acted accordingly. It is true, of course, that the structures and systems that are in place in the US and the EU are quite different, but it is our contention that similar pressures are being exerted, in this increasingly open and globalized economic environment, on all urban economies and that those in the industrialized world will have to adopt similar policies. This may be true in most areas of public policy and it certainly is true when it comes to aging of the population. After our review of best practices we will highlight some instances in which cities have not been successful, for one reason or another. BEST PRACTICES Our review will begin with some observations with regard to the three issues we highlighted in our analysis: relocation of residence to the city center, participation in the cultural and artistic life of the city, and engagement in intellectual and learning activity through lifelong learning and other programs. After this we will focus on some more general areas of relevance. Relocation of Residence While this has been primarily a phenomenon that has characterized US cities, we have noted that this is also found...
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