Regeneration EQ3 - Management of regeneration Flashcards
What is infrastructure?
The basic physical systems and services that a country needs in order to work effectively
What is reimaging?
Making a place more attractive/desirable to live in/invest in
Disassociating an area from previous bad images
What is rebranding?
The ‘marketing’ aspect of regeneration, designed to attract businesses and residents
What are 2 examples of UK infrastructure investment?
- Heathrow airport expansion
- HS2
What is the Heathrow airport expansion, and what are the pros?
Expansion plan at Heathrow which includes a brand new 3rd runway
Pros: could generate £100 billion for the UK economy, Heathrow is already operating at full capacity, create 70,000 new jobs
What are the cons of Heathrow expansion plans?
Heathrow is already the greatest emitter of CO2 nationally, community destruction (compulsory purchase orders), noise pollution
What is HS2 and its pros?
High Speed Two is a new high speed railway network connect London to Birmingham, Manchester, and Leeds
Pros - reverse North-South divide (Northern Powerhouse), take pressure off existing infrastructure, ‘carbon neutral’, reduces journey times
What are the cons of HS2?
Likely to create jobs in London, environmental costs, exceeded budget of £50 billion - now £100 bil, behind schedule (not till 2040s), rail growth has actually dipped in recent years
What are the factors affecting regeneration policies?
- location (urban or rural)
- politics of local area
- external factors
- legacy of past regeneration projects
- quality of bid for private investment
- degree of pump priming required
What was the deregulation of capital markets and how did it boost London’s economy?
Deregulating financial markets - ‘Big Bang’
Ending Stock Exchange’s monopoly and removing entry barriers
Allowed London to host European Banks - in 2008 finance and banking created 30% of UK GDP
What are the arguments for and against migration?
For - increased GDP, more workers
Against - ethnic tensions, ‘taking’ jobs, increased population puts pressure on services
What is the current government policy on immigration?
Aims to reduce mass immigration as only the ‘beneficial’ are allowed to stay
What are the 3 aspects of the role of government planning?
- planning laws
- planning for fracking
- planning for housing needs
What is the role of science parks?
To present areas as being attractive for investment. They create attractive environments, purpose built infrastructure and advice and networking groups
How can local interest groups be categorised?
By their viewpoint/stance:
- socioeconomic (Chamber of Commerce, trade unions)
- environment (conservation societies)