Strategies for Improving Performance
Edited by Peter Karl Kresl and Daniele Ietri
Chapter 2: The prospect for European urban economies
Urban economies exist in a state of continual flux – enhanced or diminished competitiveness, changing competitive advantage, vacillating policy regimes from higher levels of government, and the consequences of mobility of capital, labor and other resources are just a few. Each urban economy must respond to its evolving environment while at the same time being cognizant of the fact that other urban economies with which it is in competition are working to improve their own competitiveness. This context of challenges to an urban economy’s competitive position presents us with an opposite face as well – that of opportunities of which far-sighted local leaders will take advantage for the enhancement of their urban economy’s competitiveness. In this chapter I would like to give equal attention to both challenges and opportunities, and then to identify some of the positive futures that avail themselves to Europe’s urban economies.
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