Journal Article

Advancing Regional Prosperity through Economic Inclusion: A Brief Conversation with Chicago Planning Agencies

Abstract: For years, arguments on behalf of economic inclusion were built on the principles of equity and justice ? the idea that everyone, including those with less income or fewer assets, should have access to resources and opportunities. But more recently, a growing number of entities, including metropolitan planning organizations, have broadened the motivation for inclusiveness to argue for the benefits that it bestows on all residents of a region, not just to those in economically marginalized neighborhoods. Two recent publications, \\"Inclusive Growth, \\"by the Chicago Metropolitan Agency for Planning (CMAP),1 and \\"The Cost of Segregation,\\" by the Metropolitan Planning Council (MPC),2 add to this newer thinking in the context of the greater Chicago metropolitan region. According to these reports, economic exclusion, if allowed to persist, depletes the economic and educational potential of a region, while burdening all residents with added costs to public safety and lower levels of growth.

Keywords: economic inclusion; Chicago (Ill.); community development;

Bibliographic Information

Provider: Federal Reserve Bank of Chicago

Part of Series: Profitwise

Publication Date: 2017

Issue: 3

Pages: 29-31