Strategies in Regeneration for Economic Development and Urban Renewal

Introduction

Regeneration can be described as a kind of urban renewal for dealing with the issues connected with economic, physical, social and environmental areas in an urban setting through policies and programmes. The ODPM 2004 defines it thus: “regeneration is a holistic process of reversing economic, social and physical decay where it is has reached a stage when market forces alone will not suffice”. (ODPM, 2004, p. 41). Hence it is obvious that regeneration is just not confined to the mere structural and physical problems. Since the 1970s there has been appreciable increase of emphasis in the UK regeneration policy to tackle these issues in a comprehensive manner