Saturday, August 13, 2005
In a candid presentation to a Canadian audience, Georgia's governor admitted that economic development was harder than it used to be. Georgia's relatively inexpensive labor pool is no longer the strong selling point it once was.
In response, the Governor's strategy has been to promote his state's strengths, particularly for location, ports and infrastructure.
According to the state's labor commissioner, "The old strong -- back, low -- wage workers won't be able to compete in the 21st century. You can't compete with low wages of other countries. It's a major sea change in how we build economic opportunity." Read more.
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.
If you are using a news reader, here is the link to syndicate this site:
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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.
Georgia governor: ED ain't easy
