Regeneration EQ3

How is regeneration managed?

how does UK government policy play a key role in regeneration?

Creation of policies, e.g. Thatcher’s EZs, LDDC set up by govt to regenerate derelict dockland, SEZ on behalf of govt to reduce taxes in CW

what besides the UK govt plays a key role in regeneration?

private corporation and TNCs

how do private corporations and TNCs play a key role in regeneration?

business owners invest in land, develop and modernise area

eg CW Group - Qatari investment gentrified CW and made it into financial hub as more funding to change land use function

how does investment in infrastructure by national govt aid regeneration?

funding infrastructure will maintain UK economic growth and improve accessibility to promote regeneration in regions → positive multiplier effect as remote places become more accessible so attractive to businesses and investors

what is deregulation of