1 Opportunities for Development and Investments in Translational Research URBAN & REGIONAL POLICY Barry Bluestone Center for Urban and Regional Policy.

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Presentation transcript:

1 Opportunities for Development and Investments in Translational Research URBAN & REGIONAL POLICY Barry Bluestone Center for Urban and Regional Policy School of Social Science, Urban Affairs, and Public Policy

2 The Urban and Regional Challenge Undertaking interdisciplinary research to address the question of local and regional economic development more equitably shared Generating new policy prescriptions to enhance the competitiveness of communities and the Commonwealth in the new global economy Generating new policy prescriptions to enhance the well- being of those who are being “left behind”

3 The Economic Challenge in a Nutshell

4 The Demographic Challenge: I

5 The Demographic Challenge: II

6 Boston Monthly Housing$1,266 Monthly Food$ 587 Monthly Child Care $1,298 Monthly Transportation$ 321 Monthly Health Care $ 592 Monthly Other Necessity$ 500 Monthly Taxes$ 824 Monthly Total$5,388 Annual Total $64,656 Raleigh-Durham- Chapel Hill Monthly Housing$ 779 Monthly Food$ 587 Monthly Child Care $ 866 Monthly Transportation$ 358 Monthly Health Care $ 368 Monthly Other Necessity$ 369 Monthly Taxes$ 350 Monthly Total$3,677 Annual Total $44,124 The Cost of Living Challenge Source: Economic Policy Institute, “Family Budget Calculator, 2005”

7 A Model for Research

8 Model of Applied Policy Research in Practice (Housing Challenge) (Annual Greater Boston Housing Report Card) (Chapter 40R/40S) (CHTF)

9 Current Areas of Applied Research Housing Analysis and Housing Policy –“New Paradigm” Report –Annual Greater Boston Housing Report Cards –Chapter 40R and 40S Proposals –Technical Support to Local Communities to Implement Chapter 40R/40S Local Economic Development –Analysis of Industrial Location Factors –Development of Economic Development “Self-Assessment Tool” –Economic Development Training Sessions Workforce Development –Labor Market Analysis Tool Civic Information Tools –Boston Renaissance Resource Kit –Heart of the City Website

10 New Opportunities for Academic and Applied Research/Community Engagement Paying our Public Bills: State & local short-term and long-term revenue policies (taxes and revenue sharing) Changing demographics of Greater Boston and the Commonwealth (age, race, nativity) Education and childhood development inside and outside the schools/New models of workforce development Smart Growth and “Emerald Cities” – Urban transportation, housing, energy conservation, environmental protection

11 Possible New Translational Research Centers Center for State and Local Public Finance Center for the Study of Education and Childhood Development World Class Cities Core Center (WC4)