AFTER years of decline, Eastman Kodak, once the largest employer in Rochester, filed for bankruptcy protection last month. But rather than following Detroit, Cleveland and other once-bustling industrial cities into decay, Rochester continues to grow at a healthy clip. Why?
The question goes beyond the city limits of what was once called “Snapshot City.” Why does Pittsburgh prosper while Detroit sputters? How did San Diego make the transition from a Navy town to a diversified economic success while Fresno, Calif., has one of the country’s highest home foreclosure rates?
The answers are complex and unique to each. But the latest city to struggle with economic dislocation shows how good policy making, entrepreneurship and a little luck can ensure that a city doesn’t just survive, but thrive.>>> READ MORE at: