Why Do Cities Decline and How Could This Trend Be Countered?.

Format:

Video

Series:

Academic Video Online

Language:

English

Subjects (All):

Energy policy.

Physical Description:

1 online resource (12 minutes)

Place of Publication:

[Place of publication not identified] : Latest Thinking, [date of publication not identified]

System Details:

video file

Summary:

Why do some cities grow and are prosperous whereas others shrink and decline? VOLKER EICHENER investigates the key factors that determine the development of a city and also suggests a strategy for declining cities to reverse this trend. As he explains in this video, he examined population growth or decline in a given city as well as economic variables, such as industry, age, or social structure and used these data for building a multiple regression model. What he found is rather surprising: a city is either declining or growing but it does not find a balance - in contrast to the prediction of conventional economic theory. Cities are thus bound by a spiral dynamics and declining cities suffer from what Eichener calls 'shrinking syndrome'. To counter this, he suggests a strategy of 'active internationalization' that uses the opportunities globalization offers, such as attracting innovative businesses, international talent and tourism.

Notes:

Title from resource description page (viewed August 24, 2020).

Includes bibliographical references.