Economic Development Incentives: Traps and Accountability

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29 septembre 2016

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OpenEdition Books

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OpenEdition

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https://www.openedition.org/12554 , info:eu-repo/semantics/openAccess




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Cynthia L. Rogers et al., « Economic Development Incentives: Traps and Accountability », innsbruck university press, ID : 10670/1.syjsya


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I. A Business-Like Approach to Economic Development Incentives When it comes to economic development decisions, state and local governments are more like businesses than charities: they ‘sell’ things like infrastructure, amenities, and access to markets, to private firms in return for things like job creation, tax revenues, and access to goods and services. The citizens of a locality are its ‘shareholders’– they provide the basic ‘capital’, elect the local ‘managers’, and have to live with th...

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