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One of the focuses of economic development is to reach out to existing businesses. This can include using fiscal intervention, such as tax breaks, to encourage existing businesses to hire more workers and help spur job growth. Another concern of development officials is the need to retain existing employers. Expanding the business base is also a goal of development professionals. Offers including local, county, or state owned land at reduced rates and tax incentives may provide the incentive necessary for businesses to expand or relocate to the area. Local officials may work with both state and regional chambers of commerce to attract new business. The book provides a bird’s eye view on the economics of development. The book is useful to the students, academicians, formulators and implementors of policies relating to development both in developed and developing economies.
