Targeting Regional Economic Development – no, it’s probably not everyone’s ‘fun, summer read’

I am reading a book, Targeting Regional Economic Development. It includes historical background on economic development programs and policies such as Mississippi’s Balance Agriculture With Industry initiative, which helped birth Southern industrial development efforts after World War II. One interesting new historical fact that I learned in my reading was that in 1791 New Jersey offered tax incentives to Alexander Hamilton to influence the location of a manufacturing facility. Even in the time of our country’s Founding Fathers, economic development was deemed a worthy use of public resources.

About Daryl Phillips, CEcD

I am a professional economic developer. I presently work for communities and companies in developing and implementing workforce and economic development solutions as CEO of Phillips Economic Development Solutions (Phi EDS). Prior to September 2017, I was the economic development professional who served a community team of elected officials, business people, community leaders and dedicated stakeholders for economic development in Cheatham County, Tennessee (pop. 39,880) and its four towns. During my five-year tenure, I served the team as Cheatham County grew over 1,700 jobs, turned around population declines at the start of this decade into healthy population growth, increased tourism expenditures 20.3% and local tax revenue from tourism 25.4%, grew sales tax revenue 36%, focused on developing the local workforce and was recognized by SmartAsset as having the 9th highest Incoming Investment Index of all the 95 counties in Tennessee. I am a member of International Economic Development Council, Southern Economic Development Council, Tennessee Economic Development Council and International Council of Shopping Centers. I have earned the designation of Certified Economic Developer (CEcD) from International Economic Development Council (IEDC), the Economic Development Finance Professional (EDFP) certification from National Development Council and hold a Master of Business Administration from Tennessee Technological University.
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