REUTERS/ Rebecca Cook - A view of the Detroit skyline is seen looking south up Woodward Avenue in Detroit, Michigan July 19, 2013
Setting the right economic development goals is hard work
April 4, 2016,
Amy Liu’s recent paper, Remaking Economic Development, is disruptive in that it rightfully undercuts the shaky foundation of what draws many practitioners to the field: the idea that success is simply structuring transactions to attract new jobs and investment. These two metrics alone can’t diagnose the economic health or trajectory of a community. Instead, as the paper outlines, setting the right goals— measured by growth, prosperity, and inclusion provides a much richer framework for a community’s trajectory, vibrancy, and opportunity.