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The 1964 termination of the Studebaker Corporation's pension plan wiped out or significantly reduced the pensions of thousands of the automaker's employees and retirees. In response, the US Congress passed the 1974 Employee Retirement Income Security Act (ERISA), a monumental and revolutionary piece of legislation crafted to address corporate pension underfunding. The bill also set new rules regarding defined benefit (DB) and other retirement plans, and it established the Pension Benefit Guaranty Corporation as a government-run insurer to serve as a backdrop to U.S. corporate pensions. Despite the bill's far-ranging scope, in the decades since its passage, it has become evident that ERISA failed to achieve many of its intended objectives. The corporate pension scene today is in turmoil, and most private employers have terminated or frozen their traditional DB plans. In their place, employers are increasingly substituting defined contribution (DC) retirement saving plans, which pose a new set of responsibilities on employees and their firms. This volume investigates how and why traditional approaches to pension risk management have failed, and we also explore the new mechanisms required to strengthen retirement security for the future. Lessons from international experience are also included, ranging from Singapore to Switzerland, and the Netherlands to Australia.
While many older American cities struggle to remain vibrant, New Brunswick has transformed itself, adapting to new forms of commerce and a changing population, and enjoying a renaissance that has led many experts to cite this New Jersey city as a model for urban redevelopment. Featuring more than 100 remarkable photographs and many maps, New Brunswick, New Jersey explores the history of the city since the seventeenth century, with an emphasis on the dramatic changes of the past few decades. Using oral histories, archival materials, census data, and surveys, authors David Listokin, Dorothea Berkhout, and James W. Hughes illuminate the decision-making and planning process that led to New Brunswick’s dramatic revitalization, describing the major redevelopment projects that demonstrate the city’s success in capitalizing on funding opportunities. These projects include the momentous decision of Johnson & Johnson to build its world headquarters in the city, the growth of a theater district, the expansion of Rutgers University into the downtown area, and the destruction and rebuilding of public housing. But while the authors highlight the positive effects of the transformation, they also explore the often heated controversies about demolishing older neighborhoods and ask whether new building benefits residents. Shining a light on both the successes and failures in downtown revitalization, they underscore the lessons to be learned for national urban policy, highlighting the value of partnerships, unwavering commitment, and local leadership. Today, New Brunswick’s skyline has been dramatically altered by new office buildings, residential towers, medical complexes, and popular cultural centers. This engaging volume explores the challenges facing urban America, while also providing a specific case study of a city’s quest to raise its economic fortunes and retool its economy to changing needs.
This volume discusses some of the factors determining the political impact of the city planner on community decision-making. Rabinovitz bases her book on case studies of planning decisions in six New Jersey communities that were chosen for reputations of both effective and ineffective planning. She also uses a reanalysis of an attitude survey of U.S. planning directors, as well as a synthesis of previous studies. The materials are presented comparatively, thus enabling the reader to identify major themes in the broad and, until now, largely uncharted area of the interrelationship of politics and planning.The author first discusses the variables that influence the effectiveness of planning. She then develops a typology of community political systems in the six cities, based on such factors as power distribution, values, style, participation, conflict and cohesion, and potential for program output. The typology of urban political systems is matched by a typology of roles for the planner; this leads to a careful examination of the usefulness of different roles in different urban political situations. Other variables on which the success of particular roles depends--such as the ability to command resources for desired actions, the norms of the planning community, and the needs of the planner--are included. Finally, the author raises three important questions central to the planner's effectiveness: Can success spoil the planner? What does the planner contribute to decision-making? To what extent does political utility determine the planner's benefits or reverses?City Politics and Planning not only explores some crucial aspects of the city power structure but also shows the importance of who governs and, in addition, assesses the impact of community values on the types of policies that the community is likely to adopt. As such, this volume is invaluable to the students of city planning, local government, political science, and urban sociology; as well as, of course, to th
Surveying four approaches to city-making, the author here gives an assessment of the development of American urbanism, highlighting recurrent themes and how these interact, merge and conflict.
The latest edition of The Illustrated Book of Development Definitions breaks new ground. It addresses traditional and new planning problems: natural and industrial disasters such as hurricanes and oil spills; new housing types and living accommodations; changes in urban design and practice like new urbanism; sustainability; pedestrian and bicycle friendly environments; and more. Joining Harvey S. Moskowitz and Carl G. Lindbloom, authors of the first three editions, are two prominent, nationally known planners: David Listokin and Richard Preiss. Attorney Dwight H. Merriam adds legal annotations to almost all 2,276 definitions. These citations from court decisions bridge the gap between land use theory and real world application, bringing a new dimension to this edition. More than 20,000 copies of previous editions were sold over four decades to professionals and government representatives, such as members of planning and zoning boards and municipal governing bodies. This first revision in ten years updates what is widely acknowledged as an essential, standard reference for planners.
Planning Canadian Regions is the first book to consolidate the history, evolution, current practice, and future prospects for regional planning in Canada. As planners grapple with challenges wrought by globalization, the evolution of massive new city-regions, and the pressures of sustainable and community development, a deeper understanding of Canada's approaches is invaluable. Hodge and Robinson identify the conceptual and historical foundations of regional planning and propose a new planning paradigm that emphasizes regional governance and greater inclusiveness and integration of physical planning with planning for economic sustainability and natural ecosystems.
The culmination of a critical study of neo-pragmatism philosophy and its application to planning, Dialogical Planning in a Fragmented Society begins with philosopher Stanley M. Stein's examination of neo-pragmatism and his thoughts on how it can be useful in the field of environmental design-specifically, how it can be applied to planning procedures and problems. Neo-pragmatism is an approach that has been, in the past, best expressed or implied in the writing of Hilary Putnam, Richard Rorty, and, in particular, Donald Davidson, John Rawls, and Ludwig Wittgenstein. Thomas L. Harper furthers this tradition by providing the context for this theoretical application from his academic background in economics and management as well as his practical experience with political decision-making processes, community planning, and economic development. The result is a fresh synthesis of ideas-a new approach to thinking about planning theory and its implications for, and relationship with, practice. Philosopher Michael Walzer has asserted that "philosophy reflects and articulates the political culture of its time, and politics presents and enacts the arguments of philosophy." Similarly, the authors view planning theory as planning reflected upon in tranquility, away from the tumult of battle, and planning practice as planning theory acted out in the confusion of the trenches. Each changes the other in a dynamic way, and the authors demonstrate the intimate and inextricable link between them.
This book is recommended reading for planners preparing to take the AICP exam. In this new book, the author bridges the gap between theory and practice. The author describes an original approach-Feedback Strategy-that builds on the strengths of previous planning theories with one big difference: it not only acknowledges but welcomes politics-the bogeyman of real-world planning. Don't hold your nose or look the other way, the author advises planners, but use politics to your own advantage. The author admits that most of the time planning theory doesn't have much to do with planning practice. These ideas rooted in the planner's real world are different. This strategy employs everyday poltiical processes to advance planning, trusts planners' personal values and professional ethics, and depends on their ability to help clients articulate a vision. This volume will encourage not only veteran planners searching for a fresh approach, but also students and recent graduates dismayed by the gap between academic theory and actual practice.