Produced With
- The Judith and John Bedrosian Center on Governance and the Public Enterprise
- The Keston Institute for Public Finance & Infrastructure Policy
Other Reports in this Series
436
Dec 2008
Working Paper: Megaregions Governance & Finance
America is entering a tumultuous period unrivaled in recent history. We are facing a disruption of our economy only rivaled by the Great Depression. We need to come to grips with our reliance on foreign oil that is at the heart of our national security problems. We are confronted with the challenge of global survival because of climate change.
Finally, our economic growth over the past several decades has left many in America behind. These were the key issues in the recent presidential election which was essentially an eighteen-month national visioning process that established societal goals of reducing CO2, decreasing dependence on imported oil, and increasing economic well-being for all Americans. The goals established through this extensive national debate and election started a transformation process that will enable America to overcome the enormous challenges we face and initiate an investment program that will continue for decades and through this century. The societal goals, articulated in broad scope, must now be translated by the President and Congress into explicit performance standards and policy directives which will, in turn, be applied within each of the nation’s megaregions to create a “Strategic Investment Framework” to meet the national vision and goals. Our global competitors are keenly focused on how to envision and build this new 21st century society. We must do the same.
For additional information on the America 2050 project, visit the archived America 2050 website.
436