Document Type

Report

Publication Date

11-14-2011

Publisher

Brookings Mountain West

Abstract

Nevada stands at a crossroads, yet it appears ready to remap its future.

Silver Staters sense that the current economic slump has not been just a temporary reversal but a challenge to the state’s traditional growth model—one that has revealed an economy over-dependent on consumption sectors, prone to booms and busts, and too little invested in innovation and economic diversification. And yet, for all that Nevadans have been early to recognize that the current slump will beget, in some places, innovation and renewal, and in other places erosion—and so requires action.

To that end, this report draws on an intense five-month inquiry that sought to define the nature of the economic challenges the state and its major regions face; identify industries and industry clusters that have the highest potential for expansion as part of an economic diversification effort; and suggest policy options that will enable the state, its regions, and the private sector to work more effectively to build a more unified, regionally vibrant, and diversified Nevada.

Keywords

Economic development; Economic policy; Nevada; Recessions; Southwest; New

Disciplines

Business | Economic Policy | Economics | Growth and Development | Public Affairs, Public Policy and Public Administration

Language

English

Comments

Attached file: Executive Summary

Additional Files
MMuro_ExecutiveSummary-Unify_11-14-2011.pdf (3402 kB)
Executive Summary: Unify, Regionalize, Diversify
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