New Book: Doing Development in Arkansas

Posted on November 5, 2004

New Book: Doing Development in Arkansas: Using Credit to Create Opportunity Outside the Mainstream

By Richard P. Taub

The University of Arkansas Press
Fayetteville

In 1988, Governor Bill Clinton invited a Chicago-based banking and economic development corporation, the Shorebank Corporation, to come to Arkansas and use credit to encourage economic growth. This is the story of the Southern Development Bancorporation which was the fruit of that effort.

A first-rate book on finance and regional development. John Caskey, Professor of Economics, Swarthmore College

“………..is a richly textured case study that chronicles a bold experiment,” Marta Tienda, board member of the New York Fed and Professor, Princeton University


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