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    • W&L Shepherd Program for the Interdisciplinary Study of Poverty and Human Capability
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    Business Development and the Revitalization of Underdeveloped Local Economies

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    Capstone paper (1.178Mb)
    Date
    2002
    Author
    MacLeod, Deidra A.
    Subject
    Washington and Lee University -- Capstone in Shepherd Poverty Program
    Dorchester Bay Economic Development Corporation (Dorchester, Mass.)
    Economic development
    Economic assistance, Domestic
    Community development, Urban
    Small business
    Microfinance
    Development banks
    Public-private sector cooperation
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    Description
    Deidra A. MacLeod is a member of the Class of 2002 of Washington and Lee University.
     
    Capstone; [FULL-TEXT FREELY AVAILABLE ONLINE]
     
    Predictable historical patterns have allowed poverty and associated social problems to dominate many economically underdeveloped communities. Intervening with prevailing free-market forces can help to reverse the cycle of increasing poverty in such communities. By promoting the development of large, mid-sized, and small businesses in underdeveloped neighborhoods, the government and economic development corporations (EDCs) can help to improve the lives of the millions of Americans living in these communities while increasing the productivity and wealth of the nation as a whole. [From introductory section]
     
    Deidra A. MacLeod
     
    URI
    http://hdl.handle.net/11021/26059
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    • POV Papers
    • W&L Shepherd Program for the Interdisciplinary Study of Poverty and Human Capability

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