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Showing posts with the label hubs

Streets of Gold or Pathways to Poverty: Reviving America's Cities

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Streets of gold look a little more like pathways to poverty . American cities have been on the decline for decades as investments diverted from urban areas to emerging countries that rolled out the red carpet . The infrastructure that was built when American cities were at the height of their economic might is still mostly intact waiting for visionary investors. Getting investment interest and better city governance can lead to mutual growth for business and job-hungry residents if the two can come to a mutual understanding . Pick any major city in the country and follow its historic rise and fall . You may notice that as people moved to the city , built homes , and invested their resources these collections of people grew in wealth and influence . The collective action of small and large investors created a synergy of growth that pushed profit margins to higher levels. Money , gove

Advanced Industries Power Exports

Advanced industries are those that develop innovative solutions to market problems. When matched with labor skills, education, business clusters and progressive policies spur exports and employment at a levels unseen in other industries. A report by the Brookings Institution finds that advanced industries only account for 9% of employment but accounts for 60% of exports and 17% of Gross Domestic Product. The development of products requires a level of innovation where research, skill, investment, and industry come together to create an exportable product. Many of the county's strongest industries are clustered in metro areas which make it possible to rejuvenate these areas while still strengthening the nation. We can see this example in places like Detroit and San Jose California. As to date national economic policy has not been focused on developing hubs and clusters that are better able to meet market needs and push the nation even further ahead of the competition. There have