Place matters. This simple concept has never been better understood than today. Mounting evidence suggests that where an individual grows up has a significant and causal impact on their life outcomes, from health to earnings. At a time when income inequality is dominating the political dialogue, policy-makers should not overlook geography’s important role in determining equality of opportunity.
That’s why the Economic Innovation Group (EIG) – a new ideas laboratory and advocacy organization in Washington, DC – recently released the 2016 Distressed Communities Index (DCI). The DCI incorporates seven metrics into a multidimensional survey of prosperity and distress across the United States, providing a high-resolution look at the disparities in economic well-being between American communities.
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By: John Lettieri and Steve Glickman, World Economic Forum
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