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Welcome - Issue 7

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- The EconomicDevelopment.org team

The new digital economy: remaining everfresh (Part 3)

Digital economy workers

By Karolyn Hart

The new digital economy poses a new challenge for our future workforce. How does one teach something that does not yet exist? By the time students graduate from school there will be new jobs and demands for technologies that have yet to be invented. What is required is a fundamental shift in how education is approached. We now live in an age where in order to compete professionals must be ever fresh and to do so means that “continuous learning” is no longer optional and has quickly become “forever learning”.

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Small town economic development more difficult?

By Andrew Redden

I just read this article on a LinkedIn Group. It’s an interesting read about the challenges of small town / Main Street economic development.

There are two themes that emerge in my opinion. One is that a more unique, customized and careful approach is needed when dealing with the economic revitalization of small rural main streets in contrast to larger cities. Second, rural and small town economic development is evidently more challenging overall and requires a skilled group and/or talented economic development official to make it happen.

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Urbanization and local economic development

By Kadie Ward

The paradox of globalization is that cities have emerged as critical sites for economic development.  While our supply and value chains are expanding into new global markets, urban density is increasing at an unprecedented rate.  According to the United Nations Global Compact Cities Program 180,000 people are added to urban economies each day and over 50% of the world’s population is urbanized.

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Defining the green economy

By Kristina Ross

Wikipedia explains a green economy as a system “that results in improved human well-being and social equity, while significantly reducing environmental risks and ecological scarcities.” In short, a green economy is one that’s contingent not only on societal and budgetary welfare, but also ecological welfare. And while the traditional forms of economy have looked discouraging over the past decade, there’s never been a better outlook for America’s pluming green economy than right now.

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Review: Turnaround

By Brock Dickinson

In an era when the tribulations of Greece, Spain and Cyprus dominate our financial news, and the phrases “Made in the USA Recession” or “Eurozone Crisis” are on everyone’s lips, it’s sometimes surprising to note the significant financial discipline and high growth rates that have come to dominate much of the developing world.  Once derided as “Banana Republics” or sources of the “Asian Flu” many less-developed nations have now turned the tables on the economically-challenged industrial world. This jarring juxtaposition lies at the heart of Peter Blair Henry’s new book Turnaround: Third World Lessons for First World Growth.

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