Charting an Economic Development Strategy for Industrial Regions: The Story of the U.S. Midwest in the 1990s and Beyond

Richard Mattoon

No 2008-NFI-03, NFI Reports from Indiana State University, Scott College of Business, Networks Financial Institute

Abstract: The industrial Midwest went through wrenching economic restructuring during the 1970s and 1980s and yet rebounded to outperform the U.S. economy during much of the 1990s. Key to this resurgence was restructuring in core industries (including manufacturing) that increased the productivity and competitiveness of the region. This paper will examine the nature of the restructuring and what strategies and developments help explain this regional recovery.

Keywords: American Midwest; Economic Restructuring; Regional Development Policy (search for similar items in EconPapers)
JEL-codes: R11 R12 (search for similar items in EconPapers)
Pages: 31 pages
Date: 2008-09
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