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Home > News > Building an engine for Springfield's rebirth

May 29th, 2006

Building an engine for Springfield's rebirth

Abstract:
Robert Forrant: While Springfield stumbled into economic depression, political leaders and economic development experts denied that a day of reckoning would come. But, years of downtown store closings, rising office vacancies, dubious fiscal management, corruption on a grand scale, and the drain of state revenues from the city to subsidize the Big Dig plunged the city into near bankruptcy.

Policymakers and economic development professionals must focus their efforts on the generation of employment opportunities in technology fields related to biotechnology, medical instrumentation, environmental measuring and testing devices, and nanotechnology.

Source:
boston.com

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