APC 2000: "The New Economy: A Guide for Arizona"
• January 2000 | A follow-up to The New Economy: A Guide for Arizona, this report offers a broad set of choices to help Arizona's people and places prosper in the new economy.
APC 2000 - The New Economy: Policy Choices for Arizona
The new economy is the buzz-phrase for the new millennium’s first year. Everyone agrees that our economy is fundamentally changing. But what is the new economy? What does success mean in the new economy? And, most important for Arizona, how can we take advantage of the new economy to ensure prosperity for our state’s people and places?
Morrison Institute for Public Policy explored these questions in its October 1999 publication, "The
New Economy: A Guide for Arizona." We described the new economy in terms of eight broad characteristics:
- Technology is a given
- Globalism is here to stay
- Knowledge builds wealth
- People are the most important raw material
- There’s no such thing as a smooth ride
- Competition is relentless
- Alliances are the way to get things done
- Place still matters—but for different reasons
