Lessons from America

Details
Date:

March 21

Time:

03:30 pm - 05:00 pm

Click to Register: https://www.eventbrite.com/e/lessons-from-america-tickets-856262262477
Organizer

Insights North East

Website: https://www.eventbrite.com/o/insights-north-east-59519881973
Venue

Barbara Strang Teaching Centre

Barbara Strang Teaching Centre Room 1.46, Newcastle upon Tyne, NE1 8QB

Newcastle upon Tyne, England, GB, NE1 8QB

Join us for a seminar reflecting on the early lessons from ‘Bidenomics’ and its implications for UK place-based policies.

Insights North East and the Centre for Urban and Regional Development studies are delighted to host two researchers from the USA who will reflect on the early lessons from ‘Bidenomics’ and its implications for UK place-based policies in a year of local and general elections.

Lavea Brachman and Grete Gansauer will share their initial assessments of the recent US Place-based Investments – in terms of local responses and challenges, and evaluating policy design. Danny MacKinnon and John Tomaney will then give reflections on implications for UK ‘levelling up’ policy at the local and national scale. This will be followed by comments and questions from the audience.

Presentation 1: Early Impressions of the recent US Place-based Investments: Local Responses and Challenges

Presenter: Lavea Brachman, Visiting Fellow, Brookings Institution

Place-based investments in the US are having a heyday — and the scale of these investments is unparalleled. But what are the early takeaways of how these investments are being absorbed and leveraged at the local level? Are these investments making a difference in the underserved communities, cities and regions that have long been overlooked, particularly in the heart of the country? This presentation will take an early look at what seems to be working — the challenges, and the opportunities to maximize their impact.

Presentation 2: U.S. Regional Inequality and Place-based Policy Under Bidenomics: Evaluating Policy Design

Presenter: Grete Gansauer, PhD Candidate, Montana State University

Reversing course from recent US policy trends, the Biden Administration recently invested over $102 Billion in place-based economic development policies meant to reinvest in disadvantaged communities. Yet the extent to which policies are designed effectively to rebalance the spatial economy by reviving ‘left behind’ places remains in question. This talk contributes to debates on regional inequality and place-based policy in the US by evaluating the primary aims and regional targets of recent regional programming. I find that the spending prioritizes national competitiveness goals (69% of total) and primarily targets high-potential innovation regions (59%). On the other hand, ‘left behind’ places and social inclusion programs receive comparatively little investment (27% and 22% respectively). In all, this highlights a need for more social inclusion investment in disadvantaged regions, and points toward the potentials and contradictions of leveraging place-based industrial policy as an equalizing tool.