Is the R.I. Economic Development Corporation an effective job creation tool?

Yes, its programs fill gaps in the region's economic ecosystem 26% | 63 votes
No, its efforts interfere with an efficient private-sector market 55% | 134 votes
I don't know 19% | 45 votes
Posted 10/2/11

The R.I. Economic Development Corporation claims that it helped create or retain at least 4,686 jobs in the region in its fiscal 2011 performance report, thanks to its efforts to access to capital, technical support, work force development, and expansion and relocation assistance.

In addition, the EDC said that it helped local companies invest more than $162 million in capital projects, as well as help create nearly 1,000 jobs through the state’s tax incentive programs.

Are these the kinds of measures that the EDC should be judged on? Or should it be more concerned with creating an environment for the free market to allocate resources that create jobs and elicit investment?

PBN Hosted

Join PBN and two panels of successful female executives, business owners and entrepreneurs as we delve into what women should do to advance their careers, and become leaders in the corporate world and their own enterprises.
  • Book of Lists Party
    Save the date - January 15, 2015 for PBN's Book of Lists Party at the Providence ...
  • Best Places to Work
    Enrollment is now open for the 7th annual Best Places to Work program. Winners w ...
Purchase Data
Book of Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  • Purchase an e-File of the entire Book of Lists database
  • Purchase a printed copy of the Book of Lists
    Latest News