Headline, December 31 2019/ '' ' 2019! -COMMUNITIES- 2025?. ' ''

'' ' 2019! -COMMUNITIES- 2025? ' ''

O'' CAPTAIN : IN PROUD PAKISTAN !WOW! was somewhat wrong to reckon in its strategic planning and imperatives :

That the nation would figure its Stock Exchange, and get the youth up and about and skilled,  identifying broken links to thriving national and global economies, and piggybacking on their growth. 

If incorporated and executed, that would have ignited equitable distribution mindset, leadership, engagement, empowerment, funding and infrastructure.

Engaged communities are strong communities.

Now, O''Captain, Sir : rather than relying on top-down policy initiatives, economic and community revival must come from the bottom up.

Best Wishes, all the same, from The World Students Society.


POVERTY, illiteracy, injustice, sufferings, corruption, extremism, supremacists, Trump, Modi,  Brexit, BJP, Rohingyas, Myanmar, Iraq or the ''giletsb jaunnes''. Its origins typically lie in the march of technological change and globalization.

Though these have been enormously beneficial for society, the benefits have been distributed unequally. An investment manager in a global hub like London can make trades all over the world instantaneously, and her salary reflects it.

In contrasts, people in small towns are left devastated when global competition forces the only large manufacturing plant to shut down.

Healthy national indicators like low unemployment conceal the presence of communities in pain, some that have historically been disadvantaged, some that are newly so.

For such communities, the loss of jobs is just the beginning. As economic opportunity departs, social disintegration moves in. There are fewer marriages, more divorces and more single family-parent families.

Despair can lead to alcoholism and drugs and sometimes to crime. the declining community can no longer support local institutions like schools and community colleges, and these deteriorate they can't help the unemployed retool their skills.

Without good schools, the young have only bleak prospects. Those with the means leave for thriving areas elsewhere, taking their children with them. This secession of the successful leaves the rest further mired.

What can be done? Community turn around is so hard because communities have been disempowered.

As trade within a territory increases, corporations push the national government to take regulatory powers away from communities, hoping to create a more seamless common market.

Similarly, as trade between countries has accelerated in recent decades, international bodies like the  European Union have appropriated sovereign powers in an attempt to harmonize business environments among members.

But international bodies and national capitals do not have the local knowledge or effective policy tools to turn distressed communities around, lower nationwide interest rates won't increase investment in towns where crime has pushed business out.

Place-based tax incentives for distressed communities might not bring in the right kind of jobs either.

In New York City, local leaders rejected Amazon's decisions to build new headquarters in Long Island City, Queens, which the company said would would have brought in 25,000 jobs, at an average annual salary of $150,000.

Too few in the community were thought to have the skills to land those jobs, while the influx of skilled outsiders might have driven up rents and property taxes, pushing out long term residents.

Rather than relying on top-down policy initiatives, community revival has to come from the bottom up, identifying and requiring broken links to thriving national and global economies, and piggybacking on their growth.

Clear The Way For Local Leadership:

The Pilsen neighborhood on Chicago's Lower West Side, was a war zone in the late 1980s: 21 different gangs fought each other on a two-mile stretch of the main thoroughfare, with horrific casualty rates. Pilsen need to bring down crime to have any hope of revival, but who would take the lead?

Failing communities need leaders who can bring local administrators, educators, business people and residents together to effect change.

Finding them is difficult because existing leadership is often paralyzed and, and so many capable people have already left.

In Pilsen, new leadership emerged out of despair.

The Honor and Serving of the Latest Global Operational research on Communities. continues. The World Students Society thanks author Professor Raghuram G. Rajan, University of Chicago's Booth School of Business.

With respectful dedication to the Students, Professors and Teachers of the world. See Ya all prepare  and register for Great Global Elections on The World Students Society : wssciw.blogspot.com and Twitter !E-WOW! - The Ecosystem 2011:

''' Communities & Commitment '''

Good Night and God Bless

SAM Daily Times - the Voice of the Voiceless


Post a Comment

Grace A Comment!