Assessing the success of regeneration Flashcards
Catalyst
method used or event that starts regeneration scheme, eg building new shopping mall, leisure facility, creation of country park or holding a leisure event
Area based initiatives
aim to improve selected people or places within specific location, including educational attainment, enhancing crime prevention and reducing unemployment
Poverty
relative to the place and time people live in, poverty threshold in UK is households with income less that 60% of national median, after housing costs are included
Baseline data
information used to compare present-day characteristics with, for example, past land-use maps, photographs and statistics
Benefit-cost ratios
the balance between investment and outcomes, a positive ratio is desirable
Sustainability
definition varies but it may be thought of as regeneration that creates long-lasting economic, social and environmental benefits for a place