The Metropolitan Revolution - LSE

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Presentation by Bruce Katz at the London School of Economics.

October 29, 2013

Published in: News & Politics, Business
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The Metropolitan Revolution - LSE

  1. 1. @Bruce_Katz #MetroRev www.metrorevolution.org London School of Economics London, UK October 29, 2013
  2. 2. 1 A Pivotal Decade
  3. 3. More Jobs 8.3 million jobs needed post-recession Better Jobs 81 million poor or near poor in 2000 107 million poor or near poor in 2011
  4. 4. Next Economy Pre-Recession Economy INFRAS EXPORT S ADVANCED NG AL ACTURI ENERGY IT AP NUF C AN I M MA R&D HU NNO STEM OPPO VATI RTUN ON ITY TRUCT URE
  5. 5. “Something has gone terribly wrong when the biggest threat to our American economy is the American Congress.” Senator Joe Manchin III
  6. 6. knilnU cod srebmuN :ecruoS 2012 A Structural Change to the Federal Budget 57.4% mandatory 2023 61.6% mandatory spending spending 6.3% interest 36.3% discretionary spending 14.4% interest INFRASTRUCTURE EDUCATION HOUSING DEFENSE R&D 24.0% discretionary spending
  7. 7. knilnU knilnU cod srebmuN :ecruoS 2012 57.4% mandatory spending A Structural Change to the Federal Budget 2023 61.6% mandatory spending
  8. 8. knilnU knilnU cod srebmuN :ecruoS 2012 A Structural Change to the Federal Budget 2023 10.0% income security 5.9% income security 21.0% health care 28.0% health care 21.3% social security 23.8% social security
  9. 9. The Metropolitan 2 Revolution
  10. 10. Top 100 Metros Share of US Totals 75% GDP 66% population 12% land area Source: Brookings Analysis of BEA, Census Data
  11. 11. knilnU knilnU knilnU knilnU knilnU knilnU Metros Concentrate National Assets Top 100 Metro Share of US Totals 66% Population 74% Bachelor’s Degrees 85% Foreign Born Population 90% 92% 92% Advanced Industry Employment Patents Airline Boardings cod srebmuN :ecruoS
  12. 12. DETROIT Innovation District PORTLAND Export Plan DENVER FasTracks NORTHEAST OHIO Manufacturing Network LOS ANGELES LA 30/10 HOUSTON Neighborhood Centers NEW YORK Applied Sciences
  13. 13. PORTLAND Export Plan
  14. 14. Watch on YouTube
  15. 15. PORTLAND Metropolitan Export Plan 24.4% export intensity $3.3 billion total export value 2x total exports in 2010 vs 2003
  16. 16. PORTLAND Metropolitan Export Plan CONGESTION AIR QUALITY HOUSING
  17. 17. Watch on YouTube
  18. 18. DETROIT Innovation District PORTLAND Export Plan DENVER FasTracks NORTHEAST OHIO Manufacturing Network LOS ANGELES LA 30/10 HOUSTON Neighborhood Centers NEW YORK Applied Sciences
  19. 19. Starting Your Own 3 Revolution
  20. 20. 1 Create Your Network Government Metropolitan Network
  21. 21. 1 Create Your Network NEW YORK Applied Sciences NORTHEAST OHIO Manufacturing Network DETROIT Innovation District
  22. 22. knilnU knilnU knilnU knilnU knilnU knilnU cod srebmuN :ecruoS 2 Set Your Vision METROPOLITAN ECONOMIC DASHBOARD Manufacturing Exports Human Capital Clean Economy
  23. 23. knilnU knilnU knilnU knilnU knilnU knilnU knilnU cod srebmuN :ecruoS 2 Set Your Vision NEW YORK PORTLAND Finance Jobs Export Intensity 24% 8% 18% DETROIT 13% United States New York Science & Engineering Jobs United States Portland Clean Economy 14% 7% 4% San Jose Boston New York 27,489 clean jobs 3% Businesses 37% 11% Jobs Land mass
  24. 24. 3 Find Your Game Changer Game Changer (n) ˈgām ˈchānjər A significant intervention that fundamentally alters your economic profile and/or performance.
  25. 25. 3 Find Your Game Changer NEW YORK Applied Sciences NORTHEAST OHIO Manufacturing Network DETROIT Innovation District Setting a new institutional platform for innovation Enable existing firms in manufacturing to innovate more Realize the potential of the new geography of innovation
  26. 26. Watch on YouTube
  27. 27. @Bruce_Katz #MetroRev www.metrorevolution.org London School of Economics London, UK October 29, 2013
  28. 28. @Bruce_Katz #MetroRev www.metrorevolution.org

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