Envisioning a Virgin Islands economic development strategy

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    Justin Moorhead

    A meaningful economic development strategy is a visioning exercise that defines a community’s economic aspirations based on its values.

    [See the full post at: https://underthemarkets.com/economic-strategy-action-plans-virgin-islands/]

    Justin Moorhead

    I was recently asked what prompted this particular discussion. It resulted from a proposal issued by the VIEDA soliciting proposals for an economic development strategy for the Territory. The studies requirements are extensive, which suggests to me that it will be awarded to a large consulting entity. There have been several relatively recent studies completed on the Virgin Islands. There is a wealth of information in these. A review and use of the data assembled by those studies (with some updating as needed) in the context of a broad locally developed consensus vision of where we the Virgin Islands want to be as an economic entity, will reduce time and cost and help produce the action plan we need.

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