Focusing on distressed communities does more to solve inequities than blindly dispensing aid, and the benefits of targeting job creation efforts on them are four times those of similar efforts focused on booming places, write Tim Bartik and Kathleen Bolter in Governing.
Effective economic development policies should be place-based, prioritizing distressed areas, focused on delivering key public services that made communities attractive to all businesses, and shorten the length and amount of business subsidies, they write.
Read the full story at Governing.