Risk and Regeneration Considerations in Any Development Agenda for the U.S. Virgin Islands
March 6, 2019 – Lloyd Gardner
Many of the constraints on development of the U.S. Virgin Islands are structural. They present systemic risks that must be reduced or eliminated.
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Economic diversification, tourism and ownership
February 24, 2019 – Justin Moorhead
Long-term sustainability, insulation from disruptive events, whether man made or natural, and the need for control over our economic future require that the Caribbean region and the Virgin Islands, specifically, do more to diversify its economic base.
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Qualified Opportunity Zones Are a New Tool to Spur Investment
November 16, 2018 – Jonathan Adams
Qualified Opportunity Zones (QOZs) provide a refreshing approach to economic development. Created as part of the 2017 changes to the U.S. tax code, QOZs attract new investments through the deferral of federal income taxes on recently realized gains as long as they are reinvested in a QOZ. Further, taxes on additional gains from these new…
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Community Leadership and Making the Most of Changing Times
July 1, 2018 – Christopher Visentin
The more things change, the more they stay the same—a familiar saying, but it is hard not to feel that small communities today are facing new threats that will fundamentally change their futures due to global economic change. A unique symptom of that change is the movement of industries, jobs, and people away from small…
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Successful Economic Development Requires a Young, Motivated and Task Oriented Workforce
March 27, 2018 – Justin Moorhead
Essential to economic growth is reversing our migration. We must make our Virgin Islands a realistic location of choice for those completing university training or leaving military service and attract other talented millennials to be part of our community. Our community is aging and our workforce shrinking. Neither is advantageous to economic expansion. Economic growth…
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