Cities, and in particular historic cities, are recognised as valuable resources within the increasingly competitive and integrated European economy. This paper focuses on the experiences of two such cities, Edinburgh and Prague, contrasting different approaches in local planning and urban regeneration policy. Edinburgh, like other western European capitalist cities, has a long tradition of strategic planning and policy making, engaging with a broad range of policy stakeholders and local interest groups. In contrast, the city of Prague highlights some of the difficulties faced by post-socialist...