Sunday, April 09, 2006
Rebuilding Louisiana will take a very long time.
Here's the tragedy: The political culture of the state is working against a more rapid reconstruction. Large infusions of federal cash in the wake of hurricane has spawned a new wave of corruption. News reports are showing that federal prosecutors are conducting corruption investigations in the state. Read more.
The Louisiana example underscores an important point about the relationship between corruption and economic development. In political climates in which corruption flourishes, the prospects for economic development dwindle.
Louisiana does not stand alone. We see the same challenges in a number of large industrial cities in the North.
posted by Ed Morrison |
links
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:
Here's the link if you are a bloglines subscriber:
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.
Slower time in rebuilding Louisiana
