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Case
| HBS Case Collection
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2011
(Revised from original 2008 version)
New York City: Bloomberg's Strategy for Economic Development
by
Michael E. Porter, Christian H.M. Ketels, Anne Habiby and David Zipper
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Abstract
Traces the economic development of New York City from its founding in the 17th century through 2008. Focuses on the decisions made by New York City officials, past and present, highlighting the challenges of economic development at the city level. Enables deep examination of the interdependence and interrelation of economic policies at the city, state and federal level, and explores the role of economic and cluster performance through 2005. Detailed historical economic and social data allows for an evaluation of policy results. The case finishes with Mayor Michael Bloomberg facing some difficult choices as economic storm clouds gather on the horizon in early 2008.
Keywords: History;
Development Economics;
Industry Clusters;
Policy;
Government Administration;
Financial Crisis;
Growth and Development Strategy;