Search Results
Journal Article
Welfare finance reform: District states could face funding challenges
Welfare finance reform could have a substantial fiscal impact on the budgets of some states in the Tenth district, although the ability to cope with reform will vary from state to state. This article discusses some of the proposed changes in welfare funding and the effect they may have on the states in the Tenth District. Each state's ability to offset potential reductions in welfare funding will depend on their own budget resources and whether additional funds are provided to states with limited resources and higher administrative costs.
Journal Article
Targets of state and local economic development policy
State and local policymakers typically have three targets for their economic development policies: outside businesses, existing businesses, and new start-up businesses. Attracting outside businesses especially large manufacturing plants has long been a popular economic development activity, but increasingly this approach has come under fire. As policymakers reexamine the effectiveness and appropriateness of economic development policy, an understanding of how resources are currently allocated among the three main targets is essential.
Journal Article
Exporting trends in Tenth District manufactured goods
The Tenth District has consistently outperformed the nation in the 1990s in the growth of manufactured exports. Foreign exports account for a large share of the district's sales of manufactured goods and have also helped the district retain many of its factory jobs.
Journal Article
The Tenth District's brain drain: who left and what did it cost?
Most of the Tenth Federal Reserve District states experienced a brain drain, or an outmigration of highly educated people, during the last half of the 1980s. Fortunately, the recent tide of migration appears to have turned for some district states. Yet, it is still important for policymakers to understand the full impact of a brain drain on a state's economy. Highly educated people are prone to move, based on their region's economic performance relative to other parts of the country. Thus, current favorable migration trends in the district could easily be reversed.