WASHINGTON—Current economic realities provide governors a unique opportunity to review their states’ economic landscapes and propose critical changes to consolidate and streamline their approaches to economic development, according to an issue brief released today by the National Governors Association (NGA).
Redesigning State Economic Development Agencies and the accompanying white paper focus on actions states are taking to redesign their economic development agencies to make them more effective. Three strategies that can increase the effectiveness of economic development agencies include:
- Engaging and sustaining private sector involvement;
- Encouraging collaboration; and
- Creating an evaluation system.
“Economic growth and job creation are some of the most fundamental and important issues we face as governors,” said Nebraska Gov. Dave Heineman. “Redirecting and redesigning economic development efforts to focus on entrepreneurship is key to economic recovery that brings strong growth and high-paying jobs.”
To learn more, please visit www.nga.org/cms/center/ehsw.