Opening Remarks by the Honorable Mike Duggan
Cities and metropolitan regions across the United States are struggling with the challenge of spurring economic growth and job creation that are sustainable and inclusive. While the national economic picture continues to improve, the gains are unevenly distributed among people and regions. Meanwhile, new challenges and opportunities such as globalization, evolving demographics, technological advancement, and workforce readiness are forcing business, government, and civic leaders to rethink their economic development strategies. Leaders in metropolitan areas across the country have begun to transition from the traditional model of growth through consumption-based industries and business attraction to one that engages global demand, talent, and capital.
On Wednesday, April 22 the Metropolitan Policy Program at Brookings and JPMorgan Chase hosted the Global Cities Detroit Economic Conference, focused on this new endeavor. Building on its long history of industry, innovation, workforce assets, and production for the rest of the world, Detroit is uniquely positioned for this transformation. The speakers at the forum provided context on the current position of the city and region in the international marketplace and offered insight into how leaders can strengthen global competitiveness and economic growth.
- FDI in Detroit: An analysis of jobs in foreign-owned establishments
- The 10 lessons from global trade and investment planning in U.S. metro areas
Presentation by Bruce Katz
John Carter, Michigan Market President, Chase
Former Chicago Mayor and current Global Cities Chairman Richard M. Daley,
Beth Chappell, President and CEO of the Detroit Economic Club
Detroit Mayor Mike Duggan
Vice President and Director, Brookings Metropolitan Policy Program and Co-Director, Global Cities Initiative
Peter Scher, Chairman of the Washington, D.C. Region and Head of Corporate Responsibility, JPMorgan Chase and Co.
Marek Gootman, Brad McDearman, Phyllis Campbell, Deborah Scherer, and Aaron Brickman
Stephen Henderson, Sandy K. Baruah, Rodrick T. Miller, Dr. M. Manickam, and David Zilko
Chairman, Pacific Northwest - JPMorgan Chase & Co.
Senior Vice President - Strategy & Development at Organization for International Investment
Director - Global Markets, Columbus 2020
Editorial Page Editor - The Detroit Free Press
President and Chief Executive Officer - Detroit Regional Chamber
Chairman - Sakthi Group
President and Chief Executive Officer - Detroit Economic Growth Corp.
Vice Chairman - Garden Fresh Salsa
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