Regional Economic Systems after COVID-19

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Regional Economic Systems after COVID-19

Actionable Insights for an Equitable and Resilient Recovery

9781802208207 Edward Elgar Publishing
Edited by Fred Olayele, Sprott School of Business, Carleton University, Ottawa, Canada
Publication Date: 2023 ISBN: 978 1 80220 820 7 Extent: 268 pp
Healing the economic and social wounds inflicted by the COVID-19 pandemic will take time, but the long road to recovery presents a unique opportunity to build back better. To catalyze change and succeed in the post-pandemic era, economic development policy and practice must see the crisis as an opportunity to rethink and redesign regional economic systems. This will involve creating a shared understanding of – and policies to address – the differential impacts of the pandemic across occupations, industries, and socioeconomic groups. This book explores the challenges and opportunities heralded by the virus in the broadest sense and presents case studies on equitable and inclusive economic recoveries.

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Healing the economic and social wounds inflicted by the COVID-19 pandemic will take time, but the long road to recovery presents a unique opportunity to build back better. To catalyze change and succeed in the post-pandemic era, economic development policy and practice must see the crisis as an opportunity to rethink and redesign regional economic systems. This will involve creating a shared understanding of – and policies to address – the differential impacts of the pandemic across occupations, industries, and socioeconomic groups.

Rethinking how existing economic development tools, frameworks, and practices can be optimized has never been more compelling. Special attention must be given to interventions capable of accelerating desirable trends that will shape the next normal in our contemporary discussions on the COVID-19 pandemic. This book explores the challenges and opportunities heralded by the virus in the broadest sense and presents case studies on equitable and inclusive economic recoveries.

Regional Economic Systems after COVID-19 offers actionable insights for regional policymakers, business leaders, investment and trade promotion agencies, site selectors, students, scholars, researchers, and organizations involved in tourism, foreign direct investment, and economic development.
Contributors
Contributors: Louise Anderson, Harvey Brookes, Bartomeu Deya Canals, Jeffrey Dykes, Herb Emery, Bernadette Maria Antão Fernandes, Ifor Ffowcs-Williams, Swati Ghosh, Poorvi Goel, Joyce Jauer, Jaclyn Kelly, Anindya Kundu, Billy Leung, Fergus T. Maclaren, Kyle Marks, Patrick McVeigh, Fred Olayele, Melissa Pumphrey, Bertrand Teirlinck, David Wilson, Yu Zhong
Contents
Contents:

PART I THE ECONOMIC REDESIGN IMPERATIVE
1 Introduction: the economic redesign imperative 2
Fred Olayele

PART II OCCUPATIONAL IDENTITY, REGIONAL
RESPONSES, AND POPULATION DENSITY
2 Striving despite disruption: young people’s occupational
identity and economic opportunity during COVID-19 10
Jaclyn Kelly and Anindya Kundu
3 COVID-19 in New Zealand: consequences, policies, and
regional responses 41
David Wilson, Patrick McVeigh and Harvey Brookes
4 The overblown role of population density in the
COVID-19 pandemic in New York City 67
Yu Zhong and Bertrand Teirlinck

PART III EQUITABLE AND INCLUSIVE ECONOMIC
RECOVERIES AND CASE STUDIES
5 Gender equality as an economic imperative in
a post-pandemic era 94
Bernadette Maria Antão Fernandes and Herb Emery
6 The imperative of childcare provision as critical infrastructure 112
Melissa Pumphrey and Poorvi Goel
7 The future of work and inclusion: case studies and
takeaways for economic developers 133
Swati Ghosh and Louise Anderson

PART IV FACTOR REALLOCATION AND REGIONAL
INNOVATION ECOSYSTEMS
8 Modeling decreased labor access after the COVID-19
pandemic: economic, social, and demographic implications 149
Jeffrey Dykes, Billy Leung and Fred Olayele
9 Neighborhood vulnerability in critical infrastructure and services 168
Kyle Marks and Joyce Jauer
10 Clusters and regional transformation: establishing
actionable forward agendas 186
Ifor Ffowcs-Williams
11 The global visitor economy and resilience challenge:
Mallorca’s destination resurgence in perspective 203
Fergus T. Maclaren and Bartomeu Deya Canals
12 FDI, innovation superclusters, and value creation in
Canada’s ocean sector 225
Fred Olayele

Index 236
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