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Jacksonville Community Council, Inc.;
The Great Recession of 2007-09, as pundits are now calling it, hit Northeast Florida brutally. A regional economy that had been fueled by population and construction growth, consistently doing better than the national average, saw unemployment skyrocket when the housing market collapsed, the economy retracted, and population growth slowed to a trickle.Jacksonville Community Council Inc. (JCCI) surveyed the community to identify residents' top priority for in-depth study. Job growth far surpassed any other regional issue. Volunteers and partner organizations from the seven-county region came together to explore new ideas for retaining existing jobs, rapidly creating new jobs, and for positioning the region for long-term economic growth.The study committee visited the seven partner counties (Baker, Clay, Duval, Flagler, Nassau, Putnam, and St. Johns), examined existing job development plans and economic development strategies for the region, and explored promising practices from other regions that were achieving success despite the national economic climate.The resulting recommendations are designed to enhance economic development and job creation, signaling to the state and nation that Northeast Florida is open for business.Implementation of these recommendations will highlight Northeast Florida's existing assets and strengthen its competitive advantages in the economic world. Most significantly, action will build on Northeast Florida's successes and enhance the combined regional approach to competing in the global marketplace.First, the region must focus on its key regional growth industries. The primary immediate opportunities for substantial job creation in the region are in the areas of:* port logistics and associated industries* health and medical sciences* aviation/aerospace and defense contracting* financial servicesSecond, the region must bring its business and education sectors together in a shared emphasis to build and maintain an educated and skilled workforce. Shifting economic realities, along with the skill sets required for job growth, necessitate the training (or re-training) of local workers and the retention of these skilled local workers in their employment positions. It also prescribes the need for attracting talented workers from around the world.Third, economic success will require even more emphasis on encouraging the growth of small businesses. Enhancing the region's entrepreneurial spirit is critical to sustaining a vibrant economy. Improving access to support for small business development and expansion holds the potential for creating more jobs and more business owners.Fourth, the region requires both a vibrant urban heart and an expanded vision of its assets and aspirations – unfettered by current boundary definitions. The outsider's view of Northeast Florida often begins with Jacksonville and its downtown core. A good first impression of the city, along with having strong economic development partners with a variety of different attributes, can have long term positive implications. Successful regional economic development also means rethinking the regions boundary lines and embracing all the potential Northeast Florida has to offer – such as the research capacities demonstrated by the University of FloridaFifth, regional leadership must come together to encourage economic growth and enhance the business-ready environment of Northeast Florida. Regional leadership (political, business, and community) must maintain focus on reducing issues that unnecessarily add roadblocks to sustainable economic growth, by streamlining regulation and permitting processes, in order to improve Northeast Florida's competitiveness and economic success.Together, the implementation of these recommendations can accelerate short-term job creation and, more significantly, strengthen the region's ability to sustain economic growth for years to come.
Even though women comprise half the retail workforce, they are overrepresented in frontline positions and consistently underrepresented in higher-paying management roles. By advancing women into management roles, companies are able to improve retention rates, reduce the cost of turnover, improve customer loyalty, and strengthen retailers' performance.Advancing Frontline Women identifies 12 evidence-based practices companies can employ to help break down barriers women face in the workplace, while simultaneously creating a competitive advantage.
Baltimore is the 30th-largest US city by population and is a study in contrasts. It has a low average income compared with other wealthy Northeast cities, has nine colleges and universities, and is a magnet for people pursuing higher education but has undergone decades of population loss. A large social sector provides important services to residents and buoys the local economy: nearly every third job in the city is with a nonprofit employer. But this also illustrates the city's limited economic vibrancy. This mix of market and nonmarket forces makes Baltimore an important place to examine the geography of opportunity in an American city.
Carsey School of Public Policy at The University of New Hampshire;
Opportunity Zones ("Op-Zones") are likely to bring a material amount of capital investment into low-income communities. The intent is to encourage investment as much as it can. This encouragement is in the statutory structure and language as well as the propagated rules to date: The regulation is light, the penalties are modest and the barriers to entry are minimal.
Historically, financial institutions in the United States have not served people of color effectively or fairly. Even today, people of color have less access to credit, pay higher interest rates for loans, and are less likely to receive venture capital funding as compared to their White counterparts. Serving these markets effectively is not only a moral imperative, but also an economic opportunity to enhance a company's bottom line.A follow-up to The Competitive Advantage of Racial Equity, developed in partnership with PolicyLink, this report highlights specific action steps leading companies in the financial sector have taken to create business value by using credit, savings, and investment products to address the unique challenges faced by communities of color. The companies featured in this report—Citi, Oportun, OneUnited Bank, Prudential Financial, and Impact America Fund—have found competitive advantage through their strategies to serve consumers who have historically been excluded.
Asian Venture Philanthropy Network (AVPN);
Around the globe, a wave of financial innovation that seeks to create social and environmental benefits while producing attractive returns is shaping the field of sustainable finance.From investments in publicly listed corporations based on environmental, social, and governance factors, to bonds issued to fund climate and environmental improvements; from micro-credit to small retailers through innovative credit assessments, to parametric insurance products improving the disaster resilience of countries, the world of sustainable finance is growing and becoming increasingly diverse.In this report, we take a closer look at these innovations and more, highlighting how they are working to mobilize private-sector capital at scale to address social and environmental challenges. We also explore recent developments and potential opportunities in Asia's four largest economies: China, India, Japan, and Indonesia.
Chicago Resilient Families;
Chicago is in so many ways a thriving global city. But far too many of us face the daily reality of financialinsecurity caused by jobs that don't pay enough to live on, that have unstable hours, and that don't providebenefits that many in the workforce a generation ago enjoyed. Both as a city and as a people, economicresilience in the face of change is critical to create a thriving metropolis, yet strong forces are pushing us awayfrom this, not towards it: deep racial and gender inequity; steadily widening income inequality; the erosion ofthe middle class; the rise in contingent work and looming automation of jobs. The result? Work is unreliableand income is precarious for those living in deep poverty and all the way up into the middle class.In response to these realities, last summer the Chicago City Council passed a resolution to create the ChicagoResilient Families Initiative Task Force to assess and determine the scope of a guaranteed income pilot aswell as solutions to modernize the Earned Income Tax Credit. Since then, at the behest of Mayor Emanuel,the task force has met, learned, dug deep and explored different paths to economic security and resiliencyfor Chicagoans. We sought advice from community residents and national experts who have been engageddeeply in these questions for years
Preservation Green Lab of the National Trust for Historic Preservation;
Jacksonville is rediscovering the value of its older urban core. This report from the Preservation Green Lab of the National Trust for Historic Preservation highlights how Jacksonville's older buildings and blocks are already outperforming newer areas of the city across many sustainable development metrics. But they can become even stronger. Analysis of data from city, state, and national sources points to numerous areas of the city with high potential for successful reinvestment and revitalization. Unlocking this potential requires stronger incentives, innovative new policies, and increased awareness and capacity in the nonprofit, government, and private sectors. Using a methodology developed by the Preservation Green Lab, this study includes an analysis of all of Jacksonville's existing structures to assess the connections between the character of the city's building stock and more than 30 measures of neighborhood livability, economic vitality, and diversity.
Uganda's Oil Industry has attracted huge foreign investment, but participation by SMEs has remained poor despite their importance in income generation, employment and poverty eradication. Although the Oil industry is highly specialised, it provides indirect investment opportunities for SMEs who make up 80 percent of Uganda's private sector. The opportunities available however have not been sufficiently usurped by SMEs due to the information gap on how to create business partnerships, requirements of the industry and actors in the industry.
la Caixa Foundation;
The 2030 Agenda calls for transformational change and a new approach to supporting development. Open Innovation Platforms represent a departure from traditional, projectbased, "business-as-usual" efforts, recognizing that new approaches to address deep systemic development issues are necessary to achieve the Sustainable Development Goals (SDGs).
La présente recherche a pour objectif d'analyser la compétitivité de l'industrie agroalimentaire au Cameroun. Au niveau sectoriel, l'évolution du commerce des produits alimentaires et de la valeur ajoutée est examinée, tandis qu'au niveau de l'entreprise, un modèle économétrique de la productivité du travail est évalué par type d'entreprise (très petite et petites entreprises – TPPE –, moyennes entreprises – ME – et grandes entreprises – GE). Les résultats indiquent un avantage comparatif limité se traduisant par la position d'importateur net et une orientation du commerce vers l'interbranche du Cameroun.
Carsey School of Public Policy at The University of New Hampshire;
When low-income residents struggle to make ends meet, non-profit social service agencies can help fill the gaps. In doing so, these agencies must find sufficient funding, retain qualified staff, and craft efficient service delivery mechanisms that are respectful of clients and communities. Some of the challenges that service providers encounter are exacerbated by rural characteristics, such as vast geographic distances and the lack of economies of scale. Yet in some ways rurality is beneficial, as small communities can facilitate community engagement and providers can engage natural supports in their service delivery work.