Challenges Facing the New York Metropolitan Area Economy
7 Pages Posted: 24 Feb 2006
The skilled and well-educated workforce of the New York metropolitan area has played a large role in enabling the region to withstand adverse economic shocks and adapt successfully to a services economy. A further expansion of this "human capital" will enable the metro area to meet the challenges ahead: attracting new firms, maintaining immigration flows, and competing successfully with fast-growing metro areas in other parts of the country.
Keywords: human capital, growth in cities, industrial transformation, new york metro area, immigration
JEL Classification: R1, O1
Suggested Citation: Suggested Citation