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Kenan Institute 2022 Grand Challenge: Stakeholder Capitalism
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Market-Based Solutions to Vital Economic Issues

economic development policy

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Hurricane Ian destroyed property and disrupted livelihoods in some of Florida’s largest and most rapidly growing coastal and inland counties.

Oct 28, 2022

All Economics Is Local

How the U.S. is experiencing inflation shows considerable variation from place to place.

Mark Little, executive director of the Kenan Institute-affiliated center CREATE, provided expert testimony in a process that resulted in a May 11 settlement agreement regarding contracting and hiring practices for Dominion Energy’s $9.8 billion Coastal Virginia Offshore Wind renewable energy project.

Maryann Feldman, the S.K. Heninger Distinguished Professor in the UNC Department of Public Policy and faculty director of Kenan Institute affiliated center CREATE, testified before the House Subcommittee on Research and Technology on Wednesday.

CREATE, an economic development center at the institute, worked with civic and business leaders in Rocky Mount last summer to plan a Black Business Matters District downtown in an effort to address the racial wealth gap in the area. Executive Director Mark Little will join CREATE’s Rocky Mount partners on a panel at 9 a.m. on Thursday, March 24 to share their work as part of Carolina’s Engagement Week.

The U.S. spends significantly less on child care than other developed nations, and the consequences of that spending became evident during the pandemic – particularly within underserved communities. In this week’s insight, our experts discuss why the U.S. should prioritize and fund early childhood education and care.

On Wednesday, Feb. 9, North Carolina Secretary of Commerce Machelle Baker Sanders joined UNC Kenan-Flagler Business School Dean Doug Shackelford for a virtual discussion. Sanders discussed the many challenges facing rural North Carolina and the solutions that are being proposed to make the state's businesses and citizens thrive post-pandemic.

Please join us for an exclusive virtual conversation with North Carolina Commerce Secretary Machelle Baker Sanders on Wednesday, February 9. This discussion is part of the Dean’s Speaker Series, hosted by Kenan-Flagler Business School Dean Doug Shackelford.

Toyota announced a plan to build its first North American battery manufacturing plant in Randolph County, North Carolina — a $1.272 billion project that’s expected to bring up to 3,000 jobs – in 2025. Kenan Institute Chief Economist Gerald Cohen said the investment will be beneficial for the region and state, citing the “network effects” these types of facilities can create.

Federal, state and local governments worked hard to sustain entrepreneurial ecosystems, and especially small businesses, during the COVID-19 pandemic. Many of these programs were successful in helping businesses stay open during desperate times.

The Biden administration's $2.3 trillion American Jobs Plan comes with a hefty price tag, which the president hopes to pay in part by introducing a 15% minimum tax on corporate book income. Predictably, policymakers from both sides of the aisle are sounding off, but the argument is more complicated and nuanced than partisan rhetoric. In this Kenan Insight, we outline the intricacies and implications of taxing book income.

A $2 million grant from the Truist Foundation will fund the Anchor Institutions Create Economic Resilience program or AICER, housed at CREATE, an economic development center at UNC Kenan-Flagler Business School's Frank Hawkins Kenan Institute of Private Enterprise.