Swan(sea) Song – personal research during my six years at Swansea ... and bey...
America Needs a Superior Economic Growth Model
1. Building a Resilient Economy
Opportunities for Everyone
America Needs a Superior Economic Growth
Model!
Greensboro, North Carolina
Sarita Turner, PolicyLink
August 7, 2013
2. Opportunities for All
• PolicyLink, founded in 1999, is a national research and
action institute advancing economic and social equity by
Lifting Up What Works.®
• PolicyLink connects the work of people on the ground to
the creation of communities of opportunity, that allow all to
participate and prosper. Such communities offer access to
good jobs, housing that is affordable, good schools,
transportation, and healthy food and physical activity.
• PolicyLink works with HUD Sustainable Communities
Initiative grantees to help them facilitate equitable
regional planning.
3. What is equity?
• Equity means just and fair inclusion in a society where
all can participate to their full potential
• Achieving equity requires intentionality, focus, and
commitment
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4. Why is Equity Important?
• Planning processes are important to quality of life and
sustainability. Everyone’s needs must be included.
• Planning that doesn’t include the needs of all
unintentionally cuts people off from the very opportunity
structures they need to take care of themselves, their
family’s and contribute to the economy.
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5. We Need A Superior Growth Model
• Equity is the Superior Growth Model!
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6. Our Nation Is Changing
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• The nation’s spiking ethnic, racial and income
inequality is putting our economy at risk
• The population continues to grow and almost all of
that growth is coming from nonwhites and the
Latino population
• In America, nonwhites and Latino’s are the most
impacted by inequities.
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22. Ethnic Racial and Economic Inclusion Are
Key to Economic Competitiveness
1) Growing need for a skilled workforce
45%
43%
27% 26%
14%
68%
59%
018 Requiring at Least an AAWhite Black US-Born LatinoForeign Born LatinoUS-Born AsianForeign Born Asian
Share of Working Age Population with an
Associate’s Degree or Above in 2010
23. Racial and Economic Inclusion Are Key to
Economic Competitiveness
2) Inequality is bad for sustained
economic growth
Source: Andrew Berg & Jonathan Ostry
24. Racial and Economic Inclusion Are Key to
Economic Competitiveness
3) Diversity is an economic asset
46%
55%
18%
33%
Business Growth Receipt Growth
Minority-owned
businesses
All businesses
Source: US Census, Survey of Business Owners, 2002 and 2007
Growth in Businesses, 2002-2007
26. We All Do Better When We All Do Better
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Human Capitol is a key driver of economic
growth
U.S. GDP would be two to
four percent higher if we
had closed the
achievement gap between
black and Latino students
and white students during
the 1980s and 1990s
(2009 McKinsey paper)
27. Moving from Planning to Implementation
• Implementation of strategies to build economic resilience
are not successful without diverse stakeholder
involvement and support.
Stakeholders
• Advocates from all communities, especially those
traditionally not engaged
• Private business/chambers
• Economic development/workforce
• Educational institutions
• Elected Officials
• Faith-based organizations
• Philanthropy
• Regional Equity Network 27
28. How Prepared Is Piedmont?
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Demographics: Who lives in the region and how is this
changing?
Economic Vitality: How is the region doing on measures of
economic growth and well-being?
Readiness: How ready are the region’s residents for the 21st
century economy?
Connectedness: Are the region’s residents and neighborhoods
connected to one another and to the region’s assets and
opportunities?
29. Examples of policies and strategies to consider:
A. Multi modal transportation that connects to jobs and
opportunity
B. Access to quality pre-k through high school education
C. Housing connects to transportation and that is
affordable at the pay scale of the regions jobs
D. Industry and economic growth strategies that capitalize
on current assets like anchor institutions
E. Targeted workforce development programs in
partnership with Community College, workforce
organizations and Chambers and that align with industry
growth strategies
F. Target economic development to disinvested
communities
j. Align current federal resources to follow agreed upon
strategies 29
30. PolicyLink Tools
– Why Place and Race
Matter Executive
Summary & Report
– America’s Tomorrow
“Equity is the Superior
Growth Model”
Summary and Report
– Houston-Galveston
Regional Equity Profile
– Towards 2050 in Texas
A report on Houston
– Getting Equity Advocacy
Results (GEAR)
– Healthy Food, Healthy
Communities report
– Big Ideas for Jobs
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– Maps of Tomorrow:
Equity in a Changing
Nation
– Equitable
Development &
Advocating for
Change Web Toolkits
– Community Mapping
for Health Equity
Advocacy
– Regional Equity –
The Quest for Full
Inclusion
Equity is central to meaningful community engagement
Generations of exclusion of have created segregated communities and severed opportunities for affordable housing, transit access, quality schools, and healthy food access, to name a fewShifting demographics in regions—increasing number of counties becoming majority-minority in both urban and rural areas will make engagement with communities of color even more imperative
Demographers project by 2042 America will be a majority people of color nation.
Paul is going to tell us more about the data in your region
In 2007, businesses of color numbered 5.8 million, up from 4.0 million in 2002, an increase of 45.5 percent, more than double the 17.9 percent increase for all U.S. businesses, according to the U.S. Census Bureau's 2007 Survey of Business Owners. Receipts of these firms increased 55.0 percent to $1.0 trillion over the five-year period, compared with the 32.9 percent increase for all businesses nationwide. In 2007, more than one-fifth (21.3 percent) of the nation's 27.1 million firms were owned by people of color.
By focusing on equity strategies – we lift the boat for all!
CP learning from the evidence and bringing in experts to help in direction of activities and investmentsCP efforts but also compiling and disseminating evidence to continue to build awareness but also to build capacity by sharing successes and lessons learned to continue enhancing the work
Availability for follow-up: advisory role, review workplans, build engagement processes
