|
The State of Delaware has experienced 18 years of prosperity
stemming from periods of strong economic growth, while enjoying a high
quality of life. Many Delawareans are now asking what it will take to
sustain this balance.
- What strategies should be developed to attract
growth that fits best with the objectives of Delaware's private and
public sector leaders and its citizens' hopes for the future of the
state?
- In an increasingly global economy, what infrastructure and
other investments are necessary to ensure success in the year 2010?
- What's in store for the various segments of the private sector in the
face of an increasingly global economy?
- Is Delaware's economy sufficiently diversified?
- And if the economy does experience a downturn, what changes will be necessary to adjust?
- What cutbacks may
be necessary and what revenue enhancements should be considered?
- Most
importantly, when future generations of Delawareans need jobs to stay
in the state, how can we ensure that good, high-paying jobs will be
here?
Faced with these and other questions, the Delaware Public Policy
Institute, with support from Governor Thomas R. Carper and other state
and county government leaders, embarked last year on a project to examine changes in the public and private sectors between
1945
and 1999 and the impact these changes will have on Delaware's future
economic climate. The project, Choices for Delaware: Life and the
Economy in 2000 and Beyond, will identify distinctive strengths of
the state's political and economic environments and show how we might
build on these strengths to promote prosperity and community
development.
In short, Choices for Delaware is intended to provide
public and private decisionmakers with practical analysis and options
for action that will position Delaware for maximum job growth and the
efficient delivery of government services, while ensuring Delaware's
future quality of life.
The November 1998 forum, co-sponsored by the College of
Human Resources, Education and Public Policy's Institute of Public
Administration and the College of
Business and Economics at the University of Delaware, presented
the results of extensive research conducted over a six-month period by
University of Delaware faculty. The forum initiated the
public input phase of the project. Task
forces -
comprising business, government and community representatives from all
three counties - are being appointed to review and formulate
specific
options for future action, based upon the research presented
at the November forum. The task forces are expected to make their
reports at a second forum in May 1999.
The ultimate aim of the project is to determine approaches to economic
growth that will ensure continued stability for Delaware, minimizing as
much as possible any negative aspects of growth; and to recommend options
that each level of government might pursue regarding infrastructure investment
and fiscal planning, taking into consideration the projections of the
private sector vis-a-vis the emerging global economy of the year 2000
and beyond.
|