Economic Development - Research Paper Example

Economic Development Economic development and urban planning are intertwined by the close relationship of the variables that affect each of them. They are both dependent on a vibrant and highly effective economy if the optimal results of economic development and urban planning are to be realized. Urban planning is a diverse activity in scope that primarily deals with designing urban environments through control and monitoring of land use in urban areas (Levy 243). Social, economic and political factors are integral to urban planning.

An effective economic development-urban planning relationship should therefore be dynamic in nature. Economic development is important in regard to urban planning. Vibrant economic development is deeply rooted in optimal resource allocation and coordination of productive activities in an economy. Economic development transfers these attributes to urban planning, thereby enhancing its efficacy and contribution to national goals of economic welfare. Economic development also fosters the interrelationship of different sectors of the economy.

Urban planning is undertaken by metropolitan authorities under planning bodies of the larger governance. It therefore outlines an indication of the position of urban planning prior to the desired land use patterns. Policy makers have considerations to make in regard to infrastructure requirements. Diversity and dynamism of both local and international infrastructure requirements require that policy makers assess both local and international infrastructure demands in order to come up with viable plans and projects that account for these requirements in the short run and the long run (Levy 257).

Social, economic and political factors should characterize policy makers’ considerations in the context of infrastructure requirements. Works CitedLevy, John. Contemporary Urban Planning (9th ed.). Pearson Education, 2011.