Title The rise and fall of urban economies : lessons from San Francisco and Los Angeles / Michael Storper, Thomas Kemeny, Naji Philip Makarem, and Taner Osman

Published Stanford, California : Stanford Business Books, an imprint of Stanford University Press, [2015] ©2015

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Description 1 online resource : illustrations, maps Series Innovation and technology in the world economy Innovation and technology in the world economy. Contents The divergent development of urban regions -- Divergent development : the conceptual challenge -- The motor of divergence : high-wage or low-wage specialization -- The role of labor in divergence : quality of workers or quality of jobs? -- Economic specialization : pathways to change -- Economic development policies : their role in economic divergence -- Beliefs and worldviews in economic development : to which club do we belong? -- Seeing the landscape : the relational infrastructure of regions -- Connecting the dots : what caused divergence? -- Shaping economic development : policies and strategies -- Improving analysis of urban regions : methods and models Summary Today, the Bay Area is home to the most successful knowledge economy in America, while Los Angeles has fallen progressively farther behind its neighbour to the north and a number of other American metropolises. Yet, in 1970, experts would have predicted that L.A. would outpace San Francisco in population, income, economic power, and influence. The usual factors used to explain urban growth - luck, immigration, local economic policies, and the pool of skilled labour - do not account for the contrast between the two cities and their fates. So what does? This book challenges many of the conventional notions about economic development and sheds new light on its workings Bibliography Includes bibliographical references and index Notes English Print version record Subject Economic development -- California -- San Francisco Bay Area Economic development -- California -- Los Angeles Metropolitan Area BUSINESS & ECONOMICS -- Economics -- General. BUSINESS & ECONOMICS -- Reference. BUSINESS & ECONOMICS -- Development -- Economic Development. Economic development Economic history SUBJECT San Francisco Bay Area (Calif.) -- Economic conditions Los Angeles Metropolitan Area (Calif.) -- Economic conditions Subject California -- Los Angeles Metropolitan Area California -- San Francisco Bay Area Form Electronic book Author Kemeny, Thomas, author Makarem, Naji Philip, author Osman, Taner, author LC no. 2015014231 ISBN 9780804796026 0804796025

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