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| Promote
dynamic & sustainable economic growth |
Long-term
Economic Growth
Short-term growth
Employment
Personal Income |
The
economic transition of the past two decades has left many in
our state battered and bewildered. To ensure that no North
Carolinian is left behind, the state should work to create
not only a strong economy but one that is diverse enough to
weather the ups and downs of global markets and can be sustained
over the long term. |
| Attract
& nurture emerging economic sectors |
Economic
Climate
Innovation Capacity
New Economy Jobs
Foreign Capital
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If
North Carolina is to profit from "New Economy" opportunities,
both public and private investments will be required. The
state will need to stimulate private investment in technology
and innovation while it makes necessary public investments
in education, training, and infrastructure ranging from
telecommunications to transportation. |
| Revitalize
traditional economic sectors |
Industrial
Transition
Manufacturing Vitality
Agricultural Vitality
Global Competitiveness
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The
transformation of North Carolina's traditional economy — including
the manufacturing and agricultural industries — is
well under way. In economic terms, this transformation involves
a shift from traditional to knowledge-based manufacturing
and a greater focus on international trade. In human terms,
it often means layoffs and economic hardships, a burden felt
disproportionately by rural communities. Strengthening these
industries for the long term will require
innovation, modernization, and new ventures. |
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