07 Jul '11, 9am

New report out today! Ten Steps to Save the Cities by David Boyle

There is an urgent need in the cities in the UK, especially in the north, for a new set of economic policies to kickstart local recovery. The Treasury has no such plan. The cities themselves often believe they must wait patiently until the government, or the economic cycle, bails them out. But a new economic agenda is emerging, borrowed often from the most successful cities in Europe and North and South America, which can effectively allow cities to take back control of their economic destiny. This is the outline of this agenda. It will vary between the places that put it into effect – that is the point – but the basic ideas are recognisable, and can be summed up in ten linked propositions: Rebuild local economies by plugging the leaks that are draining local money away. How money circulates in an area is just as important as the amount of money flowing into it. Traditiona...

Full article: http://www.neweconomics.org/publications/ten-steps-to-sav...

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10 steps to save the cities

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