{"id":7889,"date":"2014-06-20T17:07:14","date_gmt":"2014-06-20T16:07:14","guid":{"rendered":"http:\/\/ihbconline.co.uk\/newsachive\/?p=7889"},"modified":"2014-06-20T18:23:10","modified_gmt":"2014-06-20T17:23:10","slug":"rtpis-suite-of-research-on-the-true-value-of-planning","status":"publish","type":"post","link":"https:\/\/newsblogs.ihbc.org.uk\/?p=7889","title":{"rendered":"RTPI\u2019s suite of research on the \u2018true value\u2019 of planning"},"content":{"rendered":"<p><span style=\"text-decoration: underline;\">Critics of planning have failed to appreciate the wider economic benefits of planning whose true value requires the adoption of a more comprehensive approach to the cost benefit analysis, reveals major new research undertaken on behalf of the Royal Town Planning Institute (RTPI) by the University of Glasgow and the University of Sheffield.<\/span><\/p>\n<p>The research also counters the argument used by some critics that less planning equals more economic growth.<\/p>\n<p>RTPI President Cath Ranson said: \u2018The study shows that we need to use many different branches of economics to capture the true value of planning. Ultimately, a better understanding of the way planning can support growth will help to create more economically sustainable and successful places.\u2019<\/p>\n<p><span style=\"text-decoration: underline;\">The RTPI writes<\/span>:<br \/>\nIn \u2018The Value of Planning\u2019 the researchers conclude that we need to develop a greater knowledge of the economic impact of planning and to turn away from what is often a very narrow conception of planning and how markets work in relation to planning activity. A comprehensive, rather than a selective, assessment should include examination of planning\u2019s role in shaping markets and in stimulating economic activity, using the full range of policy instruments available to policy-makers, and the role planning plays in providing certainty which is so important for investors.<\/p>\n<p>The research argues that some studies in the past have failed to assess the \u2018costs\u2019 of planning reliably and have neglected its benefits by the very nature of the approach taken to the analysis. \u00a0As previous research has informed some government policies on planning, it is vital therefore that we take a more wide ranging approach in future.\u00a0 The research also counters the argument used by some critics of planning that less planning equals more economic growth.<\/p>\n<p>The RTPI is also publishing \u2018Fostering Growth: Understanding and Strengthening the Economic Benefits of Planning\u2019- its own research, based on in depth interviews and roundtable discussions with key built environment stakeholders. The paper highlights ways in which the value of planning can be maximised, through examples and case studies from across the UK and Ireland that demonstrate where planning has had a positive economic impact. The paper makes 10 key recommendations to help to create economically successful places in the future.<\/p>\n<p><a href=\"http:\/\/www.rtpi.org.uk\/briefing-room\/news-releases\/2014\/june\/rtpi-calls-for-new-approach-to-economic-analysis-to-reveal-full-impact-of-the-value-of-planning\/\" target=\"_blank\">RTPI news article<\/a><\/p>\n<p><a href=\"http:\/\/www.rtpi.org.uk\/media\/941852\/rtpi_worldwide_value_of_planning.pdf\" target=\"_blank\">Download<\/a> &#8216;The worldwide value of planning&#8217;<\/p>\n<p><a href=\"http:\/\/rtpi.org.uk\/fosteringgrowth\" target=\"_blank\">\u2018Fostering Growth\u2019 research<\/a><\/p>\n<p><a href=\"http:\/\/www.planningportal.gov.uk\/general\/news\/stories\/2014\/june14\/190614\/190614_6\" target=\"_blank\">Search Planning Portal<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Critics of planning have failed to appreciate the wider economic benefits of planning whose true value requires the adoption of a more comprehensive approach to the cost benefit analysis, reveals major new research undertaken on behalf of the Royal Town &hellip; <a href=\"https:\/\/newsblogs.ihbc.org.uk\/?p=7889\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-7889","post","type-post","status-publish","format-standard","hentry","category-sector-newsblog"],"_links":{"self":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts\/7889","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7889"}],"version-history":[{"count":2,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts\/7889\/revisions"}],"predecessor-version":[{"id":7906,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts\/7889\/revisions\/7906"}],"wp:attachment":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}