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![]() Saturday, July 17, 2004 Mike Olivier, the new head of economic development for the state, gives an overview of where he is heading. Read more. Unfortunately, Olivier dismisses the perceptions of corruption too easily. Corruption in Louisiana undermines economic development. (I lived in the state for ten years and have stories to tell.) The problem cannot be so easily dismissed, and passing an ethics statute -- while a good step -- is a small step. Corruption imposes a real, substantial cost on the state. Political and civic leadership have failed the people of Louisiana for generations. Rubbing out this perception will take years of concerted focus by a new generation of civic leaders. While Governor Blanco has aligned herself with this new generation, she has yet to mobilize the civic networks she needs to sustain reform. Corruption represents the central economic development issue for the state. Overwhelming statistical evidence proves that economies with high corruption levels have poorer economic performance. Here is a report that summarizes the evidence. Download. The second economic development thrust for Louisiana should be education improvement. In today's brainpower economy, education is everything. After decades of neglect, the state has a long way to go. View a comparison. The state needs an economic development leader who puts brainpower at the center of the state's economic development agenda. posted by Ed Morrison | |
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