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Building a New Financial Base
In September, I reported on housing -- how cities are watching the market closely and for good reason: As housing booms, local and state economies pick up speed. Relief still seems a good ways off. Whether a housing recovery is near or far, what a growing number of economic experts are saying is that states and cities need to rebuild their economies on a different, more solid base.
Bruce Katz , the founding director of the Brookings Institution's Metropolitan Policy Program, has some ideas on that score. Not only ideas, but a ton of money. His Global Initiative program, which is designed to help cities develop new growth engines, just received a $10 million gift from JPMorgan Chase to underwrite its work.
Here's an edited version of our conversation, as well as links to resources that, Katz says, all cities can use in their rebuilding efforts.
You argue that U.S. cities need to grow a different kind of economy. What kind of economy are you talking about?
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http://globalengines.co.uk/ Global
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Two-hour special will feature modern-day engineers rebuilding iconic sections of the world's most famous ship.
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(1 diggs) Rebuilding of Columbus Commons nears finish
Columbus, Ind. - An $18 million rebuilding of a southern Indiana city's downtown retail and community center complex is on track for a March opening. The Commons in downtown Columbus has been cl
Columbus, Ind. - An $18 million rebuilding of a southern Indiana city's downtown retail and community center complex is on track for a March opening. The Commons in downtown Columbus has been cl
columbus engine rebuilders - News
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Whether a housing recovery is near or far, what a growing number of economic experts are saying is that states and cities need to rebuild their economies on a different, more solid base. Bruce Katz, the founding director of the Brookings Institution's |