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Regime transition and economic development: the question of “who’s on first?”

John D. Wong (Wichita State University)
Maurice G. Pritz Jr. (Wichita State University)

Journal of Public Budgeting, Accounting & Financial Management

ISSN: 1096-3367

Article publication date: 1 March 2004

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Abstract

Local governments have long been concerned with economic growth and development. Some local governments take an aggressive, proactive stance on economic development, while others take a more incremental, reactionary approach. When economic development opportunities arise, the frequently asked question is “Who’s on first?” Is it the responsibility of local government to take the lead in promoting economic development opportunities, or should local government remain in the background leaving development activities to private developers? This article uses community power theory to examine the evolution of economic development in Wichita, Kansas and the roles played by the public and private sectors and their impact on the course of development activities. In order for a booster regime to be successful, the lead government must establish the legitimacy of the development effort with other potential members of the coalition. The lead government must establish a hospitable business climate and establish a commitment to support the infrastructure and service needs of developers. Coalition members must view the undertaking as a positive-sum gain.

Citation

Wong, J.D. and Pritz, M.G. (2004), "Regime transition and economic development: the question of “who’s on first?”", Journal of Public Budgeting, Accounting & Financial Management, Vol. 16 No. 3, pp. 424-453. https://doi.org/10.1108/JPBAFM-16-03-2004-B007

Publisher

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Emerald Publishing Limited

Copyright © 2004 by PrAcademics Press

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