Crisis and Opportunity: Economic Development for the 90’s–Closing Address


I will raise three issues which have remained in the background throughout this colloquium. First, I will discuss how state and local governments redistribute the effects of economic upswings and downturns. Second, I will describe how industrial sectors influence the direction of economic development policy and determine the crisis-oriented way in which that policy is made. I argue that the public should have a larger role in setting development policy. Finally, I will comment on the issue of race and economic development.

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