Prairie Prosperity: An Economic Guide for the State of North Dakota
100 Pages Posted: 27 Nov 2018
Date Written: October 9, 2018
In this report, we examine the history of North Dakota’s state finances and explore the policies that led to the current environment. We evaluate the institutional settings and circumstances that caused North Dakota to move from being revered for its financial solvency to enacting massive spending cuts during the 2017 legislative session. We then turn to policy proposals that address state fiscal challenges and put North Dakota on a pathway to prosperity.
Keywords: North Dakota, tax policy, education, transportation, pensions, budget stabilization, revenue, expenditure, entrepreneurship, economic freedom
JEL Classification: H7, N9, R0
Suggested Citation: Suggested Citation