For the Common Good? Evaluating Economic Development Initiatives in Texas

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Patrick Bresette

March 1, 2000

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Texas provides unique opportunities for examining the effects of economic development (ED) on communities, because it contains both great wealth and extreme poverty. Bolstered by high-technology sectors, business and financial services, and manufacturing—in addition to the still-important oil, gas, and petrochemical industries—Texas' economic growth as a whole is outpacing the nation's. Unfortunately, economic growth is not reaching all parts of the state equally, or improving all communities' economic and social well-being to the same extent.