Ideas and Information: The Changing Role of States in Economic Development

Marsha Walton and Robert A. Kraushaar
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Marsha Walton: New York State Department of Economic Development
Robert A. Kraushaar: New York State Department of Economic Development

Economic Development Quarterly, 1990, vol. 4, issue 3, 276-286

Abstract: The "new federalism" of the last two decades transferred many responsibilities and public services from the federal government to states, in particular, the responsibility for adapting to the economic recessions of the 1980s. In response, many states restructured the organization of their governments to compensate for declining federal involvement and set up new information systems to inform state decision making. This article suggests that the ability of states to adapt successfully to the rapidly changing economic conditions of the 1990s is contingent upon their ability to provide accurate, timely, and accessible information about their local and regional economies to public and business interests.

Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:sae:ecdequ:v:4:y:1990:i:3:p:276-286

DOI: 10.1177/089124249000400310

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