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 1 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 wellbeing of those who are being “left behind” 2 The Economic Challenge in a Nutshell Percent Change inTotal Non-Farm Employment (Seasonally Adjusted) (January 2001 - April 2007) 5.0% 3.9% 4.0% 3.6% 3.0% 2.0% 1.3% 1.5% 1.7% 1.0% 0.2% 0.0% MA CT ME VT NH RI U.S. -1.0% +5,213,000 jobs -2.0% -111,400 jobs -3.0% -3.3% -4.0% Source: U.S. Bureau of 3 The Demographic Challenge: I Massachusetts Net Migration (2000-2005) 50,000 33,292 33,347 31,785 29,041 30,000 26,515 10,000 -10,000 -30,000 -50,000 2000-2001 2001-2002 2002-2003 2003-2004 2004-2005 -22,892 -39,506 -48,514 -61,980 -70,000 Foreign Immigration -60,053 Internal Migration 4 The Demographic Challenge: II Population Change by Age Cohort (2000-2004) 25% Percentage Change 20% 15% 10% Mass 5% U.S. 0% -5% Under 5 5 to 19 20-24 25-34 35-54 55-64 65+ -10% Age Cohort 5 The Cost of Living Challenge Boston Raleigh-DurhamChapel Hill Monthly Housing $ 779 Monthly Food $ 587 Monthly Child Care $ 866 Monthly Transportation $ 358 Monthly Health Care $ 368 Monthly Housing $1,266 Monthly Food $ 587 Monthly Child Care $1,298 Monthly Transportation $ 321 Monthly Health Care $ 592 Monthly Other Necessity $ 500 Monthly Other Necessity $ 369 Monthly Taxes $ 824 Monthly Taxes $ 350 Monthly Total $5,388 Monthly Total $3,677 Annual Total $64,656 Annual Total $44,124 Source: Economic Policy Institute, “Family Budget Calculator, 2005” 6 A Model for Research Graduate Education Academic Departments Academic Research Community Engagement Centers & Institutes Applied Public Policy Research 7 Model of Applied Policy Research in Practice Rigorous Analysis of Economic/Social Challenge Periodic “Report Cards” Cards” on on Meeting Progressthe in meeting Challenge Challenge (Annual Greater Boston Housing Report Card) (Housing Challenge) Develop New Policy Proposals to Meet the Challenge (Chapter 40R/40S) Work with Civic Collaborative to Advocate for New Policy (CHTF) Work with Civic Collaborative to Implement New Policy 8 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 9 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 10 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) 11