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Stakeholders taking and stakeholders giving:
In urban regeneration, the stakeholders are seldom only giving or
only receiving. Neither should they be. While the objective of regeneration
is to make neighbourhoods sustainable by reversing the negative
trend of development and then decrease public subsidy, the stream
of public funding will not cease completely as it comes even to
the wealthiest neighbourhoods in the form of investment in physical
infrastructure and its maintenance, and some social and education
institutions. The issue is how to help the stakeholders contribute
to the future of their neighbourhood, both giving and taking in
meaningful ways.
The target may be defined as "how to give something to the
stakeholders so that they become able and willing to contribute
more to the common benefit in return"; It is important that
stakeholders traditionally seen as "funders" show more
involvement other that giving funds (that is often a position of
public authorities), and start "receiving" e.g. transferring
some of traditionally centralised responsibilities to the neighbourhood
level and voluntary effort; and stakeholders traditionally "receiving"
(as the unemployed) would give that voluntary effort.
Hence it is important to achieve that everyone contributes
directly or indirectly - to the extent of his capacity and does
not feel cheated.
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