Tim, try getting a hold of these folks as they might be able to put you on
the right track:
http://www.cfed.org/
Ian
----- Original Message -----
From: "Tim Bousquet" <[EMAIL PROTECTED]>
To: "PEN-L" <[EMAIL PROTECTED]>
Sent: Monday, April 02, 2001 7:44 PM
Subject: [PEN-L:9903] Economic Development
> I realize that PEN-Lers don't put much stock in the
> issue, but I'm trying to find some sort of industry
> standard in the "economic development" biz.
> Specifically, how do the people running these
> organizations, or I suppose more importantly, the
> people providing the funding, measure and assess the
> return on investment? Is there any literature on this
> subject?
>
> I can't find any.
>
> Here in po-dunk Butte County, California, population
> 200,000, something on the order of $20 million has
> been spent on "economic development" organizations
> over the past fifteen years (so far as I've counted;
> I'm sure there's money I'm not aware of). This is
> multiplied throughout the state and nation at every
> level of government organization. So, I believe we're
> talking about an industry doing something on the order
> of tens or hundreds of billions dollars in "sales"
> and yet absolutely nobody has tried to assess whether
> the investment is worth the return. Unless I'm missing
> something.
>
> Any insight into this issue would be most appreciated.
>
> Tim Bousquet
>
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