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Policyleaders should be critically concerned with using these new tools to reviveareas devastated by deindustrialization and chronic poverty. Around the world,"emerging markets" are hotspots for investment, so many states aretreating their low-income domestic areas as "domestic emergingmarkets" that just need a bit of patient capital in order to be revived.

From the Dispatch

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    Reducing Military Spending to Spur Economic Growth at Home

    Mar 11, 2010

    The Senate struggled to approve a $15 billion jobs bill and has yet to enact additional fiscal relief for the states, but lawmakers continue to approve trillions of dollars for wars and defense appropriations.  In fact, ignoring the almost $1 trillion spent on the Iraq and Afghanistan wars, military spending has grown 41 percent since 1998.  If progressive leaders intend to reduce long-term deficits and ensure a robust economic recovery, cutting inefficient and costly areas of the defense budget should be a top priority.
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    State Job Creation Strategies Part II: Supporting Innovation, Industrial Clusters and Green Job Creation

    Jan 25, 2010

    As we described last week in State Job Creation Strategies Part I: Finding the Money and Investing in Human Capital and Physical Infrastructure, competing globally for jobs starts with policy makers instituting fundamental investments in education, human capital and physical infrastructure that make their state a productive environment for economic innovation. The next step, as this Dispatch will describe, is helping the private sector leverage opportunities for job creation and technological innovation. 

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    Making Broadband a Key Part of States' Economic Recovery

    Mar 16, 2009

    This Dispatch will outline how funds allocated in the ARRA aim to support broadband initiatives and how states can leverage broadband to create efficiencies, increase opportunities and begin to bridge a major resource divide in our country by implementing progressive broadband initiatives.
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    Economic Strategies for Nurturing Innovation and Job Growth

    Nov 05, 2007

    In an increasingly global economy, states struggle over what policies can encourage the growth of high-value local jobs and high-technology industries that can compete. 

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