Social Inclusion and Sustained Prosperity in America’s Metropolitan Regions
Posted by on July 22, 2013
How to Sustain Prosperity? Regional Equity, According to New Study
More equitable regions sustain economic growth over the long haul. That’s the conclusion of a new study by Chris Benner and Manuel Pastor examining the economies of the 184 largest metropolitan regions from 1990 to 2011. Although a strong body of research shows that equity is associated with the pace of growth, this is the first study in the United States to show that greater income equality and social inclusion can also mean longer growth spells in U.S. regions. The International Monetary Fund (IMF) has reported similar findings internationally, looking at national economies. Benner, an associate professor of community and regional development at the University of California, Davis, explains the research and its implications.
http://brr.berkeley.edu/wp-content/uploads/2013/05/Benner-Pastor-Buddy-Spare-Some-Time.pdf
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