Lessons to guide a local economic COVID recovery

In this post I describe a number of lessons we can draw from our COVID-19 response to help guide a local economic recovery. I look at responses that appear have worked and make four suggestions for placed-based responses. We are not past this crisis by any measure. But there are important lessons we can draw to…

Bringing the business environment online

How digitalisation can support business environment reform In this post, I look at how digitalisation can support business environment reform. This includes some useful guidance for policymakers and regulators. The digitalisation of legal and regulatory compliance requirements is a critical strategy for achieving meaningful business environment reforms. In the midst of COVID-19, many businesses have quickly…

Surviving COVID-19: Why place continues to matter

In the midst of the Covid-19 global pandemic sweeping the world, place really does matter. This is a post from my recent newsletter on place-based economic development and job creation. Subscribe here. Over the last few weeks I’ve undertaken assignments in Jakarta, Milan and Delhi, with Covid-19 hot on my heels. As a result, I…

Introducing MyPlaceMatters

MyPlaceMatters: A One-Stop Resource for Place-Based Economic Development I am thrilled to announce the launch of a new website. MyPlaceMatters is a resource for anyone working in local and regional areas to develop the economy, create jobs and improve the quality of life. Where we live, work, invest, and grow affects who we are. It…

Making places for innovation; lessons from Mexico City

How local governments can support social and innovation through collaboration. While the national buzz around innovation in Australia appears to have somewhat subsided, there is growing evidence of the role local actors can play in stimulating innovation. Local innovation ecosystems nurture private and public innovation. National policy frameworks are important, but state and local initiatives…

Supporting Public-Private Partnerships for Industry Development

Dealing with the practical problems private firms face when nurturing innovative processes; lessons from Rwanda Industry development and commercial innovation are often presented in idealised terms, focusing on shiny new start-ups and ignoring the struggle of existing firms.  It is challenging to understand the practical problems of private firms face and use this information to…

Economic Development: Your Role as a Local Councillor

Local governments play an important role in the local economy. While professional staff can guide and advise councils, elected representatives make the final decisions. How can local councillors support the development of the local economy? Publicus has produced a short guide for local councillors on supporting local economic development. Please contact us for a copy.…

Economic Development in Practice: Are you a planner, a gardener or a searcher?

Economic development is a complex, multifaceted process. There is no solver bullet. While it is important avoid oversimplifying the approach governments take to developing the economy, often these activities fall into a few broad camps. First, there are the planners: this is a very common approach, focussing on the coordination of the key ingredients to…

Twitter as a marker of regional economic vitality

New research methods using big data and artificial intelligence present findings that connect economic vitality with ‘regional personalities’. Associate Professor Martin Obschonka from the Queensland University of Technology and Australian Centre for Entrepreneurship Research along with researchers from the London School of Economics and Political Science (including Andrés Rodríguez-Pose), the University of Pennsylvania and the…

Australia and the new municipalism

Beset by recent political and economic disruptions, many local governments in Europe and North America are adopting new approaches to governance and economic development. While Australia has a different model to local government, how can movements such as the ‘new municipalism’ and ‘community wealth building’ influence Australian local governments? Australia has famously benefited from almost…