Real Estate, Community News & More from My Desk to Yours

Tuesday, September 2, 2014

How the Recession Beefed Up Sister City Relationships


U.S. cities traditionally develop relationships with foreign cities for diplomatic, cultural or educational purposes. But more and more are looking to them for economic development.

 Sister Cities International reports that in the past several years more and more cities have been approaching the organization asking for help to expand their existing partnership toward economic development. 

The shift began following the Great Recession, when many local governments began an earnest push to expand economic development and business opportunities beyond not just their immediate borders, but across international borders, said Adam Kaplan, membership director at Sister Cities International. Cities that already had sister city relationships began asking if those relationships could be used to stimulate trade and whether they could do so on their own, without the federal government’s help.) 

Read the full article at Governing.com . . .

No comments: