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Perspectives on Place-Based Policy: Strategies for Workforce and Economic Development

American Enterprise Institute

March 27, 2024

  • Opportunity varies by place in the US, with the lowest levels of opportunity in states in the former Confederacy and American Indian reservations.
  • Rural America faces unique challenges in relative income, education, age, population, and life expectancy, and current federal government grants and programs do not sufficiently meet policy goals.
  • Place-based funding in rural areas can potentially propel growth in local economies, and outcomes-based programs are crucial for wise government investment.
  • Texas offers an example of investment on a state level for local economic growth incentives.

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