Case | HBS Case Collection | July 2013 (Revised September 2013)

New York City: Bloomberg's Strategy for Economic Development

by Michael E. Porter, Christian H.M. Ketels and Jorge Ramirez-Vallejo

Abstract

Traces the economic development of New York City from its founding in the 17th century through 2012. 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. Detailed historical economic and social data allow for an evaluation of policy results. The case finishes highlighting the main economic challenges the city was facing in 2012.

Keywords: History; Development Economics; Industry Clusters; Policy; Government Administration; Financial Crisis; Growth and Development Strategy;

Citation:

Porter, Michael E., Christian H.M. Ketels, and Jorge Ramirez-Vallejo. "New York City: Bloomberg's Strategy for Economic Development." Harvard Business School Case 714-404, July 2013. (Revised September 2013.)