Effective Incentives Drive Smarter Economic Development

Effective Incentives Drive Smarter Economic Development


March 2003

Incentives, in their many forms, are pricing tools through which the public sector can intervene in the market to reduce the costs or financial risks of private sector investment in a particular location. This article explores how incentives can be most effectively designed and managed in challenging economic conditions.

Keywords: incentive, September 11, location, investment, tax credit

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