The escalation of incentive awards to attract and retain new business has emerged as a major concern in state and local development policy. This article addresses claw-back provisions, a largely neglected part of the bargaining process between governments and businesses in the location of new...

A decade of economic stagnation has produced a plethora of calls for government action to stimulate economic growth in employment. Arguing that activists federal industry policy is likely not to emerge in the United States, Rasmussen and Ledebur examine the potential role of states in a...

This paper presents an overview of the economic issues facing the American economy. Crisis and transformation scenarios are presented and supply-side versus demand-side economic policies are considered as approaches to revitalizing the economy. Issues such as the extent to which centralization...