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Kenan Institute 2022 Annual Theme: Stakeholder Capitalism
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Market-Based Solutions to Vital Economic Issues
Research
Sep 1, 2020

7 Forces Reshaping the Economy: Policy Brief

Abstract

In May 2020, UNC Kenan-Flagler Business School and the Kenan Institute of Private Enterprise established the North Carolina CEO Leadership Forum to provide private sector leaders with a venue to comment on the opportunities and challenges facing the North Carolina economy in the wake of the COVID-19 pandemic. As the pandemic has distorted business activity in the short term, it has also created new long-term growth opportunities for North Carolina. Next week, the Kenan Institute and the forum will publish the research white paper Seven Forces Reshaping the Economy. The full paper details seven major economic and business trends, or forces, the COVID-19 pandemic has produced that will permanently alter both the U.S. and North Carolina economies. This summary outlines those forces, the opportunities available to North Carolina and policy recommendations the state should consider to capitalize on a rapidly changing economy.


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