The Mega Project as Economic Development
Economic developers and especially politicians love big signature economic development projects because they provide readily recognizable symbols of their supposed effectiveness. But sometimes those projects go awry. Like Olympic Village in Vancouver. Vancouver lost it’s AAA credit rating when it had to bail out the failed hedge fund that financed the Olympic Village project. Word to local governments everywhere . . .
Tags: Megaproject, Vancouver
Development, Economic Development, Government | admin February 15, 2010
