Growing Economies in Indian Country: Taking Stock of Progress and Partnerships- A Summary of Challenges, Recommendations, and Promising Efforts

This report summarizes the many challenges to economic and business development in Native American communities that were expressed by the GEIC workshop attendees The challenges fall into eight broad categories of issues that workshop participants indicated, to varying degrees, impededevelopment on tribal lands They include 1 insufficient access to capital 2 capacityThis report summarizes the many challenges to economic and business development in Native American communities that were expressed by the GEIC workshop attendees The challenges fall into eight broad categories of issues that workshop participants indicated, to varying degrees, impededevelopment on tribal lands They include 1 insufficient access to capital 2 capacity and capital constraints of small business resource providers 3 insufficient workforce development, financial management training, and business education 4 tribal governance constraints 5 regulatoryconstraints on land held in trust and land designated as restricted use 6 underdeveloped physical infrastructure 7 insufficient research and data and 8 a lack of regional collaboration Upon review of several key studies done a number of years ago, such as the 2001 Native Lending Study published by the U.S Department of the Treasury s CDFI Fund, it is promising that progress in some cases, substantial progress appears to have been made in many areas over the last decade or so Nevertheless, as expressed by the GEIC workshop participants, many of these barriers andchallenges persist today.This report also sets forth key recommendations, best practices, and promising efforts shared by the GEIC workshop participants and further informed by several notable studies and reports issued over the last several years that pertain to the specified challenges and barriers The recommendations listed in this report are organized by stakeholder group, and are further categorized topically to address the identified challenges.
Growing Economies in Indian Country Taking Stock of Progress and Partnerships A Summary of Challenges Recommendations and Promising Efforts This report summarizes the many challenges to economic and business development in Native American communities that were expressed by the GEIC workshop attendees The challenges fall into eight broad c

  • Title: Growing Economies in Indian Country: Taking Stock of Progress and Partnerships- A Summary of Challenges, Recommendations, and Promising Efforts
  • Author: Board of Governors of the Federal Reserve System Kurtis Toppert
  • ISBN: null
  • Page: 334
  • Format: Kindle Edition
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