Welcome And National Economic Update And Outlook

Description
Abstract about welcome and national economic update and outlook.




Agenda Detail

Thursday, September 9, 2010

8:00 – 9:00 a.m.
Continental Breakfast
Registration

9:00 – 9:30 a.m.
Welcome and National Economic Update and Outlook
Tom Hoenig, President, Federal Reserve Bank of Kansas City

9:30 – 10:15 a.m.
Keynote Presentation
Gary Burtless, Senior Fellow in Economic Studies and the J ohn C.
and Nancy D. Whitehead Chair at the Brookings Institution, will
speak on trends in Americans’ educational attainment and skill
levels, how these trends compare to other industrialized nations,
and the implications for long-term economic growth. He will
highlight the particular challenges these trends may cause in the
U.S. when considering the new economy and the recent financial
crisis and recession. Burtless will also discuss potential policies
and practices to address these challenges.


10:30 – 12:00 noon
Breakout Session 1


10:30 – 11:00 a.m.






11:00 – 11:30 a.m.











Topic: Developing, Attracting and Retaining Talent

Rural: Cheryl Burkhart-Kriesel with the University of Nebraska, will
present the results of the 2006 – 2008 USDA Rural Development
National Research Study, which examined the impetus for
migrants to locate to 11 western counties in Nebraska, including
the roles of amenities, recruitment strategies, and economic and
social characteristics. She will also discuss the implications the
research has for communities’ marketing and retention strategies.
J ames Leeper, M.D., of the University of Alabama School of
Medicine, will then provide a practical perspective by sharing
information on the University of Alabama Rural Health Leaders
Pipeline (RHLP), which is designed to develop and retain rural
talent. RHLP is a sequence of programs exclusively for rural
Alabama students who plan to practice in rural Alabama. It was
created to help prepare and sustain rural students as they
complete middle school, high school, and college and enter into
medical school or other health professional training. Dr. Leeper will
share the economic impact the Rural Health Leaders Pipeline has
had since its inception in 1993.


11:30 – 12:00 noon



10:30 – 11:00 a.m.





11:00 – 11:30 a.m.





11:30 – 12:00 noon
Moderated Discussion: J ason Henderson, Vice-President and
Branch Executive, Federal Reserve Bank of Kansas City – Omaha
Branch

Urban: Yohannes Hailu, from Michigan State University, will
discuss results from a study of the place-neutrality of talent
attraction strategies. That is, are talent attraction strategies
globally effective, or are they effective only for communities with
specific characteristics? He’ll also discuss the spillovers from the
agglomeration of talented people. Hailu’s presentation will be
followed by a presentation by Clyde McQueen, with the Full
Employment Council of Greater Kansas City, who will provide an
overview of their workforce development efforts in lower income
communities and highlight outcomes and accomplishments in
developing and retaining talent.

Moderated Discussion: Kim Zeuli, Assistant Vice-President and
Community Affairs Officer, Federal Reserve Bank of Richmond


12:15 – 1:45 p.m. Lunch and Keynote
Mark Partridge, Chair of Rural-Urban Policy at The Ohio State
University, will discuss rural communities’ specific challenges
when attracting and retaining people and businesses and what
policies and practices communities can implement to successfully
address these challenges. He will also address issues surrounding
rural-urban interdependence, why some communities grow faster
than others, and innovations in regional policy and governance.

2:00 – 3:30 p.m. Breakout Session 2


2:00 – 2:25 p.m.




2:25 – 2:45 p.m.




2:45 – 3:05 p.m.







3:05 – 3:30 p.m.

2:00- 2:25 p.m.



Topic: Entrepreneurship and Small Businesses


Rural: Anil Rupasingha, from New Mexico State University, will
investigate factors affecting geographic variation, formation and
growth of microenterprises in non-metro counties in the U.S.,
including social capital and cultural capital, which have been
studied little as determinants of entrepreneurship. His presentation
will be followed by Thomas Lyons, of Baruch College, who will
describe a three-tiered coaching system for developing
entrepreneurs’ skills as an economic development strategy in nine
rural, low-income parishes in Central Louisiana. He will also
discuss the impact the program has had on job and revenue
creation. Ines Polonius, of Alt. consulting, a non-profit providing
one-on-one managerial assistance to small businesses located in
low-wealth communities in rural areas around Memphis, Tenn., will
then discuss a recent launch of alt.capital, which operates two
loan funds that promote business success by managing risk, and
its recent focus on implementing turnaround strategies to help
businesses survive during the economic crisis.

Moderated Discussion: TBD

Urban: Colleen Casey of the Federal Reserve Bank of Atlanta will
discuss research that examines the social networks of women,
minority, and low- and moderate-income entrepreneurs and the
effect that these networks have on access to social and financial



2:25 – 2:45 p.m.



2:45 – 3:05 p.m.







3:05 – 3:30 p.m.
resources. She will also highlight the role community organizations
can play when connecting entrepreneurs to these networks.
Roberto Barragan of the Valley Economic Development Center
(VEDC) will discuss how VEDC is connecting low- and moderate-
income business owners to capital and technical assistance,
especially with the current economic challenges in Southern
California. Chuck Stein, of Strategic Development Services, will
then discuss challenges and success factors when developing an
incubator in economically depressed environments by comparing
incubation efforts in two communities. He will specifically address
how an incubator can promote wealth creation and the role access
to capital plays in the success of both incubators and
entrepreneurs.

Moderated Discussion: Robert Strom, Director of Entrepreneurship
Research, Ewing Marion Kauffman Foundation


3:45 – 4:45 p.m. Keynote Presentation
TBD

5:00 – 7:00 p.m. Reception


Friday, September 10, 2010

7:30 – 8:00 a.m. Continental Breakfast

8:00 – 8:15 a.m. Welcome and Recap of Previous Day
Tammy Edwards, Community Affairs Officer, Federal Reserve Bank
of Kansas City

8:30 – 10:00 a.m. Breakout Session 3


8:30 – 9:00 a.m.







9:00 – 9:30 a.m.







9:30 – 10:00 a.m.

8:30 – 9:00 a.m.


Topic: Local Government Policy

Rural: Charles Fluharty, from the Rural Policy Research Institute at
the University of Missouri, will address a series of timely issues
regarding rural innovation policy in today’s unique economic
environment. He will examine the primary challenges generated by
the financial crisis for the implementation of regional policy, with
particular attention to sub-national governments and what
information-sharing mechanisms between levels of government and
the private sector can be identified for post-crisis rebuilding.
Following his presentation, Tom Thornton with the Kansas
Bioscience Authority (KBA) will discuss its genesis under the
Kansas Economic Growth Act of 2004 and its efforts to accelerate
bioscience growth in the state. Outcomes of these efforts in the
areas of job creation, capital investment and revenue generation
will be detailed. The KBA will also address the impact the
economic crises has had on this policy initiative.

Moderated Discussion: TBD

Urban: J enny Schuetz, from the University of Southern California,
will analyze differences in retail patterns across New York
neighborhoods, and how these patterns change over time. She also




9:00 – 9:30 a.m.








9:30 – 10:00 a.m.
will identify policies that encourage commercial activity in low- and
moderate-income neighborhoods. Her presentation will focus on
how to address neighborhood disparities through local economic
development policies. Paul Nelson, of the Department of Small
Business Services for the City of New York, will follow with a
discussion of practical efforts to support commercial revitalization
efforts in low- and moderate-income retail corridors through the
Avenue NYC Initiative funded through federal Community
Development Block Grant allocations and the Business
Improvement District Program enabled through both New York
State legislation and New York City Municipal Administrative Code.

Moderated Discussion: TBD


10:15 – 11:45 a.m. Breakout Session 4


10:15 – 10:45 a.m.











10:45 – 11:-15 a.m.









11:15 – 11:45 a.m.


10:15 – 10:45 a.m.












Topic: Collaborative Approaches

Rural: J ohn G. Lehman of Appalachian State University conducted
an evaluation of eight counties in rural North Carolina that created
collaborative organizations to develop landfill projects through the
Environmental Protection Agency’s Landfill Methane Outreach
Program. This program was initiated to incentivize rural
communities to develop lucrative niche businesses, and the
projects had to be collaborative efforts due to the lack of financial
resources. Lehman will present his evaluation process, explain how
the research delineates five collaborative organizations that were
deemed more successful in terms of outputs and outcomes, and
discuss why these organizations were relatively successful, while
the other three were relatively less successful or unsuccessful.
Willie Taylor with the U.S. Department of Commerce and Lenita
J acobs with the U.S. Department of Labor will then discuss a
collaborative effort led by the Governors of Pennsylvania and Ohio
to develop the LindenPoint Technology Innovation and
Development Center, a strategically located center that will provide
workforce training to support the retention, expansion and attraction
of the semiconductor and electronic clusters through the
Ohio/Pennsylvania interstate region, an area struggling due to the
collapse of the steel industry.

Moderated Discussion: J ohn Leatherman, Professor of Agricultural
Economics, Kansas State University

Urban: Yolanda K. Kodrzycki of the Federal Reserve Bank of
Boston, will present research that analyzes the economic
development approaches of mid-sized manufacturing-oriented
cities during the past half-century and what factors determined their
success. From among a comparison group of 25 municipalities the
study identifies 10 “resurgent cities” that have made substantial
progress in improving living standards for their residents, and that
are recognized as vital communities in a broader sense by experts
on urban economic development and policy. These case studies
suggest that industry mix, demographic composition, and
geographic position are not the key factors distinguishing the
resurgent cities. Instead, the most important lessons from the
resurgent cities concern leadership and collaboration. J ohn

10:45 – 11:15 a.m.




11:15 – 11:45 a.m.
Stafford, of Indiana University – Purdue University of Fort Wayne,
will then discuss details of collaborative efforts in Fort Wayne, IN to
redevelop its economy following a significant decline in its
manufacturing base.

Moderated Discussion: Todd Greene, Assistant Vice President,
Policy and Research, Federal Reserve Bank of Atlanta


12:00 – 12:45 p.m. Lunch and Keynote
Carol Marinovich served ten years as Mayor and CEO of the
Unified Government of Wyandotte County/Kansas City, Kansas.
The former educator has gained national recognition for her
expertise in economic development. Her presentation will
document her experience with transforming an older urban
community through collaboration, partnerships and visioning.

12:45 – 1:00 p.m. Closing
Tammy Edwards, Community Affairs Officer, Federal Reserve Bank
of Kansas City



doc_290720186.pdf
 

Attachments

Back
Top