Economic Development Policy

Abstract

Economic development policy in the United States is at a critical juncture. The changing world economic order, global competition, and economic stagnation at home have prompted calls for reform. Yet, the growing recognition of the problems that confront the economy has not produced a coherent set of strategies to address these issues. These authors focus on political and bureaucratic factors that retard the reform of economic development policy. An understanding of how these factors shape economic development policy is critical to proposing workable reforms. This analysis of the dynamics of economic development policy provides information about the relationship between government and the people.