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Communities can thrive and grow, or they can struggle and decline, but what causes these two outcomes? Attracting and nurturing businesses and organizations is essential to creating vibrant economies, successful communities, and a higher quality of life. Political leaders and average community residents should know about economic and community development; shared knowledge and full participation from everyone will ultimately help communities flourish. In Rebooting Local Economies, the authors use their experience helping domestic and global communities prosper to offer a practical guide for others who want to help communities reach their goals and thrive; each chapter gives real-life examples and suggests concrete actions anyone can take within any community. In a constantly changing environment, communities and even larger regions can attain and maintain prosperity through better jobs, public services, and amenities. Chapter 1 explores the effects of the COVID-19 pandemic, looking at it through a community and economic development lens and putting it in historical perspective. Change, especially sudden change, can be difficult.. The phrase new normal is being used to describe how society has changed long-term due to the virus; the validity of this idea is discussed by looking at generational impacts, economic impacts, and how the structure of jobs has changed. Some pandemic-related changes will probably continue, and these changes can offer both challenges and opportunities for communities. For example, COVID-19 increased the rate of people moving out of big cities; this shift could be beneficial or not depending on how companies and communities react.

Communities can thrive and grow, or they can struggle and decline, but what causes these two outcomes? Attracting and nurturing businesses and organizations is essential to creating vibrant economies, successful communities, and a higher quality of life. Political leaders and average community residents should know about economic and community development; shared knowledge and full participation from everyone will ultimately help communities flourish. In Rebooting Local Economies, the authors use their experience helping domestic and global communities prosper to offer a practical guide for others who want to help communities reach their goals and thrive; each chapter gives real-life examples and suggests concrete actions anyone can take within any community. In a constantly changing environment, communities and even larger regions can attain and maintain prosperity through better jobs, public services, and amenities. Chapter 2 discusses a broader, more holistic definition of prosperity and provides a guide to help attain it. Rather than simply describing the economy, community prosperity should include basic needs, quality of life, and community attachment; an example comparing two fictional cities is given. The idea of a prosperous community is mapped onto Maslow's hierarchy of needs. A strong economy is needed to help a community gain social characteristics its residents want. A roadmap is offered to help explore ideas on how to enhance the prosperity of a community and how to approach community-level decisions. Community budgeting is also discussed, comparing it to companies' investment decisions and providing steps to create an effective budget.

Communities can thrive and grow, or they can struggle and decline, but what causes these two outcomes? Attracting and nurturing businesses and organizations is essential to creating vibrant economies, successful communities, and a higher quality of life. Political leaders and average community residents should know about economic and community development; shared knowledge and full participation from everyone will ultimately help communities flourish. In Rebooting Local Economies, the authors use their experience helping domestic and global communities prosper to offer a practical guide for others who want to help communities reach their goals and thrive; each chapter gives real-life examples and suggests concrete actions anyone can take within any community. In a constantly changing environment, communities and even larger regions can attain and maintain prosperity through better jobs, public services, and amenities. Chapter 3 describes the process of community development as a tool to position a community for prosperity. The chapter begins with a discussion on the fundamentals of community development, including strategies such as leadership development, planning, and identifying assets in the community. Community development depends on believing that positive things can happen and on residents working together; having a vision and being creative are also vital. Two types of communities ("sunrise" and "sunset") are described. The community development chain is offered as a framework for community development. Well-being and sustainability are also factors that must be considered. When there is a good foundation of a prosperous-ready community, economic development can then build on that foundation to achieve prosperity.

Communities can thrive and grow, or they can struggle and decline, but what causes these two outcomes? Attracting and nurturing businesses and organizations is essential to creating vibrant economies, successful communities, and a higher quality of life. Political leaders and average community residents should know about economic and community development; shared knowledge and full participation from everyone will ultimately help communities flourish. In Rebooting Local Economies, the authors use their experience helping domestic and global communities prosper to offer a practical guide for others who want to help communities reach their goals and thrive; each chapter gives real-life examples and suggests concrete actions anyone can take within any community. In a constantly changing environment, communities and even larger regions can attain and maintain prosperity through better jobs, public services, and amenities. Chapter 4 builds on the previous chapter, exploring how to create a prosperous community through economic development once there is a solid foundation. A model is given to visualize money flow and wealth within a community. Economic development can be defined differently by different communities; communities should try to avoid economic development outcomes that happen "to them" and try to achieve those that happen "for them." Certain factors, such as transportation infrastructure and available sites, can attract a business to a community; a practical approach to attracting businesses is offered. The economic development stool describes three ways prosperity can increase: business recruitment, business retention and expansion, and new startups. Each of these methods, as well as community enterprise, is discussed. Guidelines on how to organize and fund economic development are also provided.

Communities can thrive and grow, or they can struggle and decline, but what causes these two outcomes? Attracting and nurturing businesses and organizations is essential to creating vibrant economies, successful communities, and a higher quality of life. Political leaders and average community residents should know about economic and community development; shared knowledge and full participation from everyone will ultimately help communities flourish. In Rebooting Local Economies, the authors use their experience helping domestic and global communities prosper to offer a practical guide for others who want to help communities reach their goals and thrive; each chapter gives real-life examples and suggests concrete actions anyone can take within any community. In a constantly changing environment, communities and even larger regions can attain and maintain prosperity through better jobs, public services, and amenities. Chapter 5 offers a summary of key lessons from the text and provides more examples of successful communities. COVID-19 created different challenges for different communities around the world, and long-term changes (a "new normal") may differ between communities. In order to build a prosperous community, what is being built needs to be defined; strategic and budget decisions should be based on the community's vision and definition of prosperity. Community development, or community building, can create a foundation for a prosperous-ready community to build off of with economic development. Once a community achieves its prosperity goals, it needs to continue putting in the work to maintain and support that prosperity.