Managing Economic Development in Times of Fiscal Uncertainty: Past Crises and Current Strategies

The Federal Reserve Bank of Chicago and the Civic Federation co-hosted a forum on economic development. The forum addressed economic development in times of fiscal uncertainty. Panelists discussed economic development efforts following severe fiscal crises in California and Michigan, as well as the impact of uncertain politics and economy on business location decisions.
Badge Pickup and Security Inspection in the Lobby
Speakers will discuss economic development successes and challenges in California and Michigan in the context of ongoing fiscal instability. Can planning help stressed governments retain or regain competitiveness? How did state laws and policies help or hinder localities' economic development plans?
Speakers will discuss how businesses make location decisions and how levels of taxation and uncertainty in general affect where businesses locate and expand. How do regions, states and localities make themselves more attractive in the context of uncertain politics and economy?