"This probing comparison of two struggling company towns, one in Japan and one in the United States, offers valuable urban revitalization lessons. The author compares urban revitalization efforts in Flint, Michigan, the declining automobile industry town, and Omuta, Fukuoka Prefecture, home of the largest coal mine in Japan, from the early 1970s through the early 1990s. Striking similarites emerge, both in the way redevelopment policy is made and in policy content.

For example, both cities work to create new jobs, attract tourism, and diversify their economic bases. Despite these similarities, there are also differences that help the Japanese system do a better job of managing socioeconomic decline. Notably, the Japanese system is better suited to effecting incremental improvements in local socioeconomic conditions, while the American system often takes the big gamble that, if successful, dramatically improves conditions. This gamble, however, can also result in a failure to reverse the city's economic decline.

No Miracles Here finds that although Japanese and American cities rarely achieve truly successful revitalization, the Japanese have been more successful at avoiding the pitfalls of bad redevelopment policy."--BOOK JACKET.