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

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  • Richard Mattoon

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.

Suggested Citation

  • Richard Mattoon, 2008. "Charting an Economic Development Strategy for Industrial Regions: The Story of the U.S. Midwest in the 1990s and Beyond," NFI Reports 2008-NFI-03, Indiana State University, Scott College of Business, Networks Financial Institute.
    • Handle: RePEc:nfi:nfirpt:2008-nfi-03
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    File URL: http://www.indstate.edu/business/sites/business.indstate.edu/files/Docs/2008-NFI-03_Mattoon.pdf
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    References listed on IDEAS

    as
    1. Jack L. Hervey & William A. Strauss, 1996. "A regional export-weighted dollar: a different way of looking at exchange rate changes," Assessing the Midwest Economy GL-2, Federal Reserve Bank of Chicago.
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    More about this item

    Keywords

    American Midwest; Economic Restructuring; Regional Development Policy;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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