It was a real pleasure to sit down with Dennis Alvord, a nearly 30-year veteran of the federal civil service whose career at the Economic Development Administration and the OECD’s Regional Development Policy Committee has made him one of the most experienced economic development practitioners in the country. Dennis and I first crossed paths about 15 years ago working to bring forward evidence on manufacturing’s role as a cornerstone of regional economic development, and it was great to reconnect and dig into where we are today.
We cover a lot of ground in this conversation. Dennis walks us through EDA’s history as one of the federal government’s more flexible and creative grant-making agencies, and how programs like IMCP and Tech Hubs have demonstrated the power of place-based, collaborative investment. We discuss what the US can learn from OECD member nations on sustained industrial policy, from Sweden and Japan’s innovative approaches to offsite manufactured housing to the importance of consistent, structured federal investment in regional economic ecosystems.
We also talk about the critical importance of civil servants as stewards of the public good, and Dennis shares his perspective on what it will take to build the structured, long-term regional investment frameworks that can truly move the needle on American prosperity. Thanks to Dennis for a great conversation, give it a listen!
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Thank you to the Economic Development Administration for their partnership in producing this podcast. This podcast was prepared in part using Federal funds under award 3070145 from the Economic Development Administration, U.S. Department of Commerce. The statements, findings, conclusions, and recommendations are those of the author(s) and do not necessarily reflect the views of the Economic Development Administration or the U.S. Department of Commerce.