As the U.S. economy continues to grow, many communities are struggling to translate this growth into more equitable and inclusive employment opportunities. Simultaneously, many of the nation’s water infrastructure assets are in urgent need of repair, maintenance, and restoration. Yet the workers capable of carrying out these efforts are in short supply due to an aging workforce eligible for retirement and the lack of a pipeline for new talent.
View this complete post...Posts Tagged ‘Brookings Metropolitan Policy Program’
Renewing the Water Workforce: Improving Water Infrastructure and Creating a Pipeline to Opportunity
Monday, June 18th, 2018Skills and Innovation Strategies to Strengthen U.S. Manufacturing
Monday, March 2nd, 2015BROOKINGS INSTITUTION
METROPOLITAN POLICY PROGRAM
Germany is an oft-cited example of an advanced economy that has been able to sustain manufacturing as a relevant source of employment, growth, and exports. Manufacturing in Germany accounts for 20 percent of employment, nearly twice the share as in the United States, and generates 22 percent of national GDP and 82 percent of total goods exports. German manufacturing succeeds in the global marketplace even as the sector pays higher average wages than in the United States.
Private Capital, Public Good
Tuesday, December 23rd, 2014BROOKINGS METROPOLITAN POLICY PROGRAM
Despite its fundamental and multifaceted role in maintaining national growth and economic health, infrastructure in the United States has not received an adequate level of investment for years. Political dysfunction, a challenging fiscal environment, greater project complexity, and the sheer size of the need across different sectors are forcing leaders across the country to explore new ways to finance the investments and operations that will grow their economies over the next decade…Part of this exploration means new kinds of agreements between governments at all levels and the private sector to deliver, finance, and maintain a range of projects. Beyond simplistic notions of privatization, the interest is in true partnerships between agencies, private firms, financiers, and the general public. Many nations already successfully develop infrastructure in this manner today.
Despite its fundamental and multifaceted role in maintaining national growth and economic health, infrastructure in the United States has not received an adequate level of investment for years. Political dysfunction, a challenging fiscal environment, greater project complexity, and the sheer size of the need across different sectors are forcing leaders across the country to explore new ways to finance the investments and operations that will grow their economies over the next decade.
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