Economic Development Incentives Aren't City Friendly In Michigan
A new report concludes that economic incentives provided by the State of Michigan to foster job growth hurt cities by creating jobs in outlying areas.
"The state's efforts to grow jobs hurts its cities, often sending a lopsided share of economic development incentives to outlying areas with less need for jobs and inadequate infrastructure to support them, a study released today by a Washington-based policy group found."
"Michigan's economic development incentives are shortchanging central cities and actively subsidizing new development in thinly populated, newly developing or already prosperous areas," concluded the study, financed by the Flint-based Charles Stewart Mott Foundation."
"The research for "The Geography of Incentives: Economic Development and Land Use in Michigan," was conducted by Good Jobs First. The Washington-based national policy resource center promotes corporate and government accountability in economic development and smart-growth policies."
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