Economic Development

News & Analysis as of

Cuban Entrepreneurs Ask President-Elect Trump to Continue Opening Trade Relations with Cuba

The U.S. advocacy group, Engage Cuba, announced yesterday that a group of Cuban entrepreneurs has penned a letter to President-elect Trump, asking him to continue opening trade and relations between the U.S. and Cuba....more

Bennett Jones Fall 2016 Economic Outlook

This Fall Outlook has four sections. The first section describes the main aspects of the "new normal" of low growth that has prevailed for advanced economies in the last six years of economic recovery. The second section...more

The Future of the U.S.-Canada Trade Relationship in Light of the Election

The United States and Canada enjoy a unique bilateral relationship. That relationship reflects a unique friendship, underpinned by shared geography, similar values, common interests, deep connections and powerful,...more

Saudia Arabia’s new finance minister faces questions over implementing Vision 2030 in education sector

Saudi Arabia last week appointed Mohammed al-Jadaan as the country’s new finance minister. Al-Jadaan has reinforced his commitment to the country’s Vision 2030 initiative, which was revealed earlier this year to serve as a...more

A Plethora of Propositions: Real Estate Tax, Land Use and Governance on the San Francisco Ballot

Admittedly the issues may appear benign compared to the Presidential race and the drugs, sex and other provocative topics on the state ballot. But San Francisco voters again face a long list of significant local propositions...more

Props L and M Would Shift Authority from Mayor to Board of Supervisors

Members of the Board of Supervisors have proposed two important Propositions for the November ballot that would amend the City Charter and shift authority over certain City agencies and Departments from the Mayor’s Office to...more

ManattJones Global Strategies - November 2016

CEO’s Executive Summary: October news was dominated by cabinet changes and progress on the 2017 budget. Senator Raul Cervantes replaced Arely Gomez as attorney general, reflecting renewed efforts to stem crime and corruption...more

The Economic Impact of Cultural Events in Denver

Last month the Colorado Business Committee for the Arts (“CBCA”) rolled out its biennial Economic Activity Study of Metro Denver Culture (the “Activity Study”). The Activity Study examines self-reported data from 264 cultural...more

In the Global Trenches: Making Sense of the Global Economies

On a daily basis, there’s regular media references to trade, global economies, emerging markets, BRICS – and now CIVETS and the Next Eleven. There’s continuous debate whether the category of emerging markets is even valid...more

The launch of the Green Economy Programme

This article provides a summary of the key points addressed by the Minister of Energy (the “Minister”) at the launch of the Green Economy Programme (the “Programme”). The launch took place in the Municipality of Nelson...more

Workplace Law Discussed During Final Presidential Debate

Workplace law was once again a topic of discussion during last night’s third and final presidential debate between Hillary Clinton and Donald Trump. While not covered as extensively as during the first debate on September 26,...more

Update: EB-5 Regional Center Program Receives Short-Term Extension

On September 29, 2016, as part of recently enacted federal spending legislation, the EB-5 Regional Center Program received a short-term extension through December 9, 2016. The Program has been similarly extended, with no...more

Your Daily Dose of Financial News

Federal regulators unveiled a proposal yesterday that would push the country’s biggest banks and other “critical financial companies” to shore up cybersecurity protocols, to prevent hacks, and to have a recovery plan at the...more

U.S. Commerce Department Releases Updated Report Showing Intellectual Property-Intensive Industries Contribute $6.6 Trillion and...

The U.S. Commerce Department recently released a comprehensive report, entitled “Intellectual Property and the U.S. Economy: 2016 Update” (the “Report”). The Report, which was co-authored by the Economics & Statistics...more

Proposed Investment Tax Credit for Small Tech/Tourism Businesses in Alberta

On September 29, 2016, Alberta’s Minister for Economic Development and Trade was in Calgary to announce a plan to introduce a 30-percent tax credit program for investments in small businesses during the fall sitting of the...more

EU Commission President's State of the Union Address 2016: Main takeaways

On Wednesday, 14 September 2016, the President of the European Commission, Jean-Claude Juncker addressed the European Parliament in his annual 'State of the Union' speech. The State of Union address, which is delivered...more

ManattJones Global Strategies - September 2016

CEO’s Executive Summary: We have an unusually long update this month, given many developments in August and this morning’s cabinet reshuffle announced by the President. On September 7 President Peña Nieto reshuffled the...more

ISO-NE offshore wind economic study

Regional electric grid operator ISO New England Inc. has released a report examining the economic impacts of adding significant offshore wind energy into the mainland grid. Overall, the results project reductions in...more

Argentina’s New Leadership and How it Affects Insurance

Following last year’s elections, the political and economic landscape is changing in Argentina. Where new economic opportunities arise, (re)insurance follows. Along with new demand for commercial insurance products, the legal...more

Fed Likely To Hold Steady on Interest Rates as New Jobs Fall Short of Expectations

The US Bureau of Labor Statistics released its August employment statistics this morning. The numbers fell short of the 165,000 – 185,000 total non-farm job increases expected by markets. The BLS Release at 8:30 AM DST...more

Renewable Energy Demands and Barriers

For the past three years, since 2013, energy production in the United States from renewable sources (non-nuclear) has remained fairly constant at about 9 ½% of total energy production. (U. S. Energy Information Agency...more

Planning, Tendering and Closing Global PPP Projects

The sovereign funding gap caused by a low oil price environment, coupled with a global period of economic uncertainty, are two drivers leading governments, procuring authorities and state owned enterprises (Authorities),...more

Venture Capitalists and Immigration Proponents Likely Disappointed by USCIS Proposed Entrepreneurial Parolee Rule

Seyfarth Synopsis: USCIS proposes a regulation to grant special “parole” entry to certain foreign entrepreneurs backed by venture capitalists and angel investors. The rule is long and complicated, while the benefit granted...more

North Carolina Public Records Law 101 - A primer for economic development professionals

At the North Carolina Economic Development Association 2016 Annual Conference, I participated on a panel discussion and presentation regarding public records law requirements in North Carolina and how they affect economic...more

Maine Receives $7.7 Million To Spur Economic Development, Including Bioeconomy Growth

On July 29, 2016, the U.S. Department of Commerce's Economic Develop Administration (EDA) announced $4.4 million in grants to diversify and grow Maine's economy. This funding is intended to provide immediate assistance to...more

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