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Brookings Institute: Times to Rethink Economic Development
March 11, 2016 /
The goal: To put a regional economy on a trajectory of higher growth (growth) that increases the productivity of firms and workers (prosperity) and raises standards of living for all (inclusion), thus achieving deep prosperity–growth that is robust, shared, and enduring.
Set the right goals
Grow from within
Boost trade
Invest in people and skills
Connect place
This requires understanding the purpose of economic development and getting both the markets and civics right:
Amy Liu
Full Story: http://www.brookings.edu/research/reports2/2016/02/29-remaking-economic-development
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Posted in: Regional Economic Development
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