03/26/2024 | News release | Distributed by Public on 03/26/2024 06:44
Place matters. In the US, some cities and states are thriving, while others have been left behind. State and local policymakers have taken a leading role in designing policies and programs that aim to build resilient communities, develop skilled workforces, and create good jobs. But because resources are limited, it is crucial for policymakers to identify effective programs and put them on a sustainable financial footing.
Which policies can state and local governments enact to maximize their impact within constrained budgets? And once implemented, how can these programs be sustained to create broadly shared prosperity - for today and far into the future?
A new report from the Upjohn Institute, Policies for Place: How to Make Sustainable Investments in Communities, examines ways to design, enact, and sustain effective community-based economic development programs. Experts from the institute and around the country contribute key insights.
"While federal and state support is important, locally led efforts are vital to the creation of vibrant local economies that benefit everyone," said Upjohn Institute President Mike Horrigan. "The Policies for Place initiative explores how communities can create broadly shared prosperity in their immediate areas, for today and far into the future."
Specific articles in this year's report include:
Brain Drain or Brain Gain: Where College Graduates Locateby Brad Hershbein
Spending more on regional public universities with high graduation rates yields a high return on investment for states wishing to retain their college graduates.
Remote Work's Quiet Impact on Rural Communitiesby Brian Asquith
Drawn by amenities and recreation opportunities, remote workers, who tend to be college-educated, moved to rural areas during the Covid pandemic. This shift could have long lasting implications for these communities.
Reimagining Business Incentives to Do More with Lessby Tim Bartik
Rather than focusing economic development policy on tax incentive "megadeals" which cost hundreds of thousands of dollars per job created, states should expand customized business and job access services to residents of distressed places.
ARPA's Small Community Quandaryby Kyle Huisman, Kathleen Bolter, and Lee Adams
The American Rescue Plan Act (ARPA) aimed to aid small communities, but the Treasury's formula missed the mark dishing out similar funds per capita to less populated areas, regardless of wealth. This left some needy areas shortchanged.
Sandwich Generation: Caring for Children and Older Adultsby Gabrielle Pepin and Yulya Truskinovsky
Many families faced with securing care for children and older adults are struggling to afford basic needs. How can states and localities foster growth and inclusivity by expanding caregiving support? Here are some ways to make it happen.
Tuition-Free College: Promise Program Sustainability
by Michelle Miller-Adams
Free college programs expand access to higher education. To sustain these Promise programs for the future, public-private partnerships, tax-capture mechanisms, and long-term public funding are key.
The Evolution of Promise Scholarship Programsby Bridget Timmeney and Alfonso Hernandez
Tuition-free college programs succeed when they move beyond scholarships to guide students past common college roadblocks, link students with employers, and meet the needs of adult learners.
Three Exciting Support Models to Supercharge Community College Outcomesby Kathleen Bolter
Can programs boost community college completion and ROI? These three say: Yes!
Responsive Training: Driving Innovation Economiesby Iryna Lendel
Forward-thinking regions prioritize diverse skill sets, tailoring local training programs to meet employer and employee needs.
GoFundMe should not be functioning as our national safety net
Interview with Monique Stanton, Michigan League for Public Policy
Fostering better collaboration and facilitating cross-agency learning
Interview with Edward Smith, EducationCounsel LLC
Lessons learned in promoting place-based prosperity
Interview with Jen Iriti, University of Pittsburgh
Balancing environmental sustainability with local prosperity
Interview with Mary Donegan, University of Connecticut
The Policies for Place initiative at the Upjohn Institute brings together experts from around the country to study how state and local policymakers can create good jobs, develop skilled workforces who can access and keep those jobs, and build resilient, thriving communities.
The Upjohn Institute has operated a major research initiative focused on place-based economic and community development policies for six years. Previously called Promise: Investing in Community, the Policies for Place initiative focuses on a wide range of place-based policies.