The National Governors Association's Governance in the New Economy examines the forces shaping the U.S. economy and influencing American governance. It identifies guiding principles and new models to restructure the partnership between the states and the federal government to better serve citizens and businesses in the twenty-first century. It looks at governmental strategies and governance issues that leaders at both levels must address to enable the United States to compete in the new economy. It also explores innovative, customer-friendly ways to deliver and administer government programs and services.
Governance in the New Economy raises issues, poses questions, and discusses options to begin a debate on a blueprint for a new, more vibrant federalism. To jump-start the discussions, it looks at four critical areas of federal-state governance' discretionary grants, entitlement programs, tax and revenue systems, and regulation.