Public is starting to demand accountability on economic incentives
Tuesday, February 25, 2003
Times are going to be getting tougher when it comes to economic development incentives. According to a statewide poll released today in Arkansas:
• 89 percent believe that corporations that receive economic development subsidies or tax breaks should be required to publicly report on the number of jobs they create and the wages they pay.
• 91 percent believe that corporations that receive a subsidy or tax break to create new jobs should be required to pay back the incentive if they do not create the jobs they promised or leave the state within five years.
Read the background to the poll.
posted by Ed Morrison |
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Some Background on EDPro Weblog
The purpose of this weblog is to help economic development professionals -- EDPros -- keep up with the changes sweeping our profession. Strap on your goggles. It's a whole new game. There are no experts any more. The only place to learn about economic development is from other EDPros who are doing it.
One other point: the prevaling approach (paradigm, if you like) in economic development is shifting from competition to collaboration. There are a lot of reaasons underlying this shift, but here's the important insight: You, your community, and your region will do better by collaborating and sharing information.
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Speaking and workshops on Open Source Economic Development
As the idea of Open Source Economic Development starts spreading, more people are asking about it. Visit the I-Open web site to learn more. My colleagues and I are happy to explain the basic concepts in a talk or a workshop. E-mail Susan Alshuler if you'd like to learn more about workshops and speaking.
Background on Ed Morrison
Download some background information on me here.
Public is starting to demand accountability on economic incentives
