Growth, Decline, and Regeneration in Large Cities sheds light on why some cities prosper, others implode and still others are able to reverse their downward trajectories. The book focuses on three major American metropolitan areas: Austin, Detroit, and Boston. It explores how distinctive political and cultural forces in these cities affected economic growth or decline. Theoretical frameworks to explain economic development in urban areas are identified. The book addresses important subjects such as response to deindustrialization, disruption caused by gentrification, globalization and the importance of human capital for economic development.