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This report created to educate Governors about long-range economic development policy and the decisions they make related to new business investment and expansion of existing firms.
States are found to be building public-private partnerships, investing in people and communities, supporting specific development objectives, and ensuring that firms meet the commitments for which private subsidies were provided. Rather than arbitrarily using development incentives, states are building public-private partnerships, investing in people and communities, supporting specific development objectives, and ensuring that firms meet the commitments for which private subsidies were provided.