This tool kit provides a framework and tools for conducting rapid assessments to prepare city economic development plans in Asian cities. An analytical framework guides the reader through a series of steps for three analytical and assessment processes. These are designed to prepare economic profiles; evaluate future economic development options and pathways; and prepare strategies, action plans, and prioritize investment activities in support of city economic development. The steps in each process are linked to tools that assist the user in collecting and analyzing data and information for a range of studies, and they are also linked to assessment techniques used to prepare city economic development plans.
This tool kit was prepared for ADB staff involved in urban sector projects, however, it is expected to be very useful to government officials, investors, developers, local community leaders, and international development assistance agencies involved in activities designed to support city economic development. The tool kit is not only for economic studies of cities; it can be adapted easily to support studies involving the development of rural and regional economies.
Purpose of this Tool Kit
This tool kit was prepared for staff of the Asian Development Bank (ADB) involved in urban sector projects. It is intended to assist them in helping governments in developing member countries prepare and implement city economic development plans (CEDPs). Its primary function is to guide government officials in charge of urban development to collect and analyze economic data relatively quickly; prepare city economic development profiles; assess future economic development options; identify development pathways; and prepare strategies, plans, and priority actions to support LED in developing cities.
Businesses and investors should find the tool kit useful when analyzing investment and development opportunities in cities. Community organizations will find this tool kit useful in preparing CEDPs. The use of this tool kit is not restricted to cities. It can also be used for subnational, regional, and community economic development studies.
Specifically, this toolkit enables users to
- Undertake Rapid Assessment and Studies on Cities to
- compile qualitative and quantitative baseline data and information on the economy
- analyze structural, socioeconomic, and economic geography changes in urban activities
- identify, map, and evaluate industry clusters
- analyze constraints to city economic development
- conduct competitiveness studies of city economies
- Conduct Futures Analysis on Cities to
- prepare projections on expected population, economic growth, and demand for resources
- analyze futures and risks to a city economy
- identify opportunities to develop a city economy
- prepare and evaluate scenarios to develop a city economy
- identify pathways for the long-term development of a city economy
- Prepare Economic Development and Action Plans for Cities, Incorporating
- a vision statement and policies for a CEDP
- strategies targeted to build a city’s economic strategic architecture
- an action plan and prioritized actions for the development of a city economy
- a financial and capital work plan
- an investment prospectus
- industry cluster and other plans
Presentation of the Toolkit
The tool kit has four sections.
- Section 1 is a brief background on economic development challenges facing the planning and development of cities. It outlines the needs and types of rapid assessment tools and techniques that have been developed to gather information on cities to study, plan, and manage their development.
- Section 2 presents a framework that guides the user through three processes to gather information, analyze, prepare, and implement a CEDP and a range of supporting plans.
- Section 3 is a manual of economic analytical and planning tools. It incorporates many existing and new tools, some of which fill in current gaps in data and information collection and analysis techniques. Many tools will be useful in analyzing LED factors where quantitative data are scarce or not available.
- Section 4 includes a set of supplementary notes, which provide additional information or explanations, for various steps in the three analytical processes or specific tools included in the manual.
The tool kit seeks to broaden the thinking of economic development officials in approaches to city economic development analysis, as well as strategic and action planning to support the development of local economies. A key feature of this is the concept of developing strategic architectures for economies, which will be explained later in the toolkit.