That’s the conclusion of a study recently undertaken cooperatively by the Brookings Institution and McKinsey. Here are two examples from their work: [The]state of Colorado—as part of the Colorado Blueprint economic planning process—commenced a systematic search for a strategy to advance its formidable aerospace industry in the summer of 2012. Likewise, in 2013, the state […]
According to many economists, the health of any economy increasingly depends upon that economy’s ability to innovate. A recent report by the Brookings Institution finds the US is still a very creative economy. But there are some clouds on the horizon. The report indicates that inventiveness and innovation (as measured by patent generation) varies considerable […]
With all of the emphasis placed on the need for regions to compete globally, little attention has been placed on how cities or regions gain access to the global marketplace. The Brookings Institution recently published a report by Brad McDearman, Greg Clark and Joseph Parilla that identifies ten traits of “globally fluent” cities: In this report […]
Conor Doughtery of the Wall Street Journal has a piece on a new study that suggests areas with better educated workforces are faring better in this “new normal.” Jonathan Rothwell, a Brookings researcher who worked on the study, said metropolitan areas with the highest education levels were doing better than those with lower educational levels […]
That’s the assertion recently made in the New York Times by new urbanism advocate Christopher Leinberger: Until the 1990s, exclusive suburban homes that were accessible only by car cost more, per square foot, than other kinds of American housing. Now, however, these suburbs have become overbuilt, and housing values have fallen. Today, the most valuable […]
Economists Ejaz Ghani and Arti Grover of the World Bank along with Homi Kharas of the Brookings Institution argue that the rise of cheap information technology has provided a real spur for the growth of globally traded services: Although conventional wisdom has been that labour-intensive manufacturing creates the most jobs in developing countries, recent data suggest […]
