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Economic Development
Overview
FILs targeting market failures have helped design over $3 billion in innovative investment funds focused on bridging financing and funding gaps in various sectors, including capital access, education funding, cultural heritage, social investment, and fund structuring.
Economic Development
Related Content
The Economic Impact of Invest America Accounts
In this paper, we examine the idea of the “Invest America Account,” an account that holds an initial government grant of $1,000 for every newborn American, invested in a broad equity index fund. We will compare this approach to “early...Read Report
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Weather and Waste: Rethinking Small Business Support Following a Natural Disaster
DOWNLOAD REPORT DOWNLOAD SUMMARY As of November 1, 2024, one each of 24 confirmed weather-related disasters in the United States caused damage associated with losses exceeding $1 billion. The year was one of the costliest since 1980...Read ReportImage
Kristen Fanarakis
Associate Director, Small Business Policy and InnovationKristen Fanarakis is an associate director at MI Finance, leading the small business policy and innovation initiative. The Milken Institute Small Business Policy and Innovation Initiative analyzes the macroeconomic trends and policies affecting small businesses and offers policy recommendations and solutions aimed at fostering an environment of inclusive prosperity. Her work engages and educates policy stakeholders to address the challenges small businesses face.
Increased Regional Investment is the Key to British Economic Mobility
In recent weeks, the state of the British economy has received considerable attention, particularly within the United Kingdom. Figures for the last three months have reported either negative growth or, in the case of the most recent data...Read ArticleImage
Kevin Klowden
Executive Director, Milken Institute FinanceKevin Klowden is the executive director of Milken Institute Finance. He specializes in the study of key factors that underlie the development of competitive regional economies (clusters of innovation, patterns of trade and investment, and concentration of skilled labor) and how these are influenced by public policy and, in turn, affect regional economies both globally and nationally.
2025 Best-Performing Cities: Mapping Economic Growth across the US
With inflation easing and the US economy experiencing continued growth, the turbulence triggered by the COVID-19 pandemic is now largely behind us. In this post-pandemic landscape, metropolitan areas remain the hubs of economic activity.View Research
Restoring UK Regional Economic Mobility
This paper provides an economic and historical analysis of the factors driving the key challenges facing UK regional economic opportunity and mobility. To address the challenges, the report presents a series of key areas for assessment and...Read Report
Forging a Climate-Resilient Workplace for Next-Generation Employees
This summer’s unprecedented heat waves, flooding, wildfires, and extreme weather events have devastated communities, with widespread ripple effects on physical and mental health as people cope and adjust to a new normal. These effects of...Read Article
The Free World and Free Markets: How Veteran and Military Spouse Risk Takers Can Ignite the American Economy
The story of American entrepreneurship is deeply intertwined with the story of its veterans. From the battlefield to the boardroom, veterans and military spouses bring an unmatched ability to assess and take on risk—a skill honed through...Read Article
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Identifying Opportunities in the Military Transition Assistance Program
Veterans bring valuable skills that can benefit the civilian job market, but without adequate tools and resources to translate these skills into meaningful employment, their contributions remain underutilized. To resolve these issues, the...Read Report
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Pathways to Prosperity: Opportunities to Bridge Postsecondary Education and the Workforce
In the United States, millions struggle to access postsecondary education, skills, and opportunities needed to achieve prosperity. This issue is especially challenging for historically underserved communities—such as Black, Hispanic...Read Report
