Connecticut at Risk: Will the State Navigate to Prosperity?
AbstractPrepared by Comeback America Initiative and CCEA as a discussion guide, this report presents both the strengths and weaknesses of Connecticut's financial condition and competitive position relative to other states in the nation. Thus, even while state budgets may have been balanced, as required by law, in fact its obligations have exceeded revenues for several years, complicated by bonded debt and unfunded initiatives. In the most recent two decades, the Connecticut economy has relied on its primary financial services and manufacturing industries, without stepping up to emerging changes in the global workplace. Private sector business growth is the best key to improved economic growth for Connecticut citizens and for its state government.
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Bibliographic InfoPaper provided by University of Connecticut, Connecticut Center for Economic Analysis in its series CCEA Studies with number 2013-03.
Length: 50 pages
Date of creation: Apr 2013
Date of revision:
Contact details of provider:
Postal: University of Connecticut 341 Mansfield Road, Unit 1240 Storrs, CT 06269-1240
Phone: 860 486-0614
Fax: 860 486-0889
Web page: http://ccea.uconn.edu/
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Comeback America Initiative; state revenue shortfalls; under-funded state obligations; taxpayer obligation; Employment;
Find related papers by JEL classification:
- H71 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Taxation, Subsidies, and Revenue
- H72 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Budget and Expenditures
- H74 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Borrowing
- O33 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-09-26 (All new papers)
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