What is Economic Inclusion and Why Does it Matter in Atlanta? - The Annie E. Casey Foundation

What is Economic Inclusion and Why Does it Matter in Atlanta?

Posted October 10, 2016
By the Annie E. Casey Foundation
Blog economicinclusioninatlanta 2016

In its new pub­li­ca­tion, Grow­ing the Future: The Case for Eco­nom­ic Inclu­sion in Metro Atlanta, the Part­ner­ship for South­ern Equi­ty (PSE) calls for a shift in how we assess eco­nom­ic growth — based on neigh­bor­hood devel­op­ment and trans­for­ma­tion, instead of tra­di­tion­al mea­sures such as gross domes­tic product.

Accord­ing to the Casey-fund­ed report, the end goal of this pro­posed par­a­digm shift is a more equi­table dis­tri­b­u­tion of income, wealth, jobs and entre­pre­neur­ial oppor­tu­ni­ties for Atlanta’s most vul­ner­a­ble residents.

To ensure inclu­sion, PSE shares sev­er­al ques­tions that Atlanta and oth­er cities across the nation must consider.

  • How do indi­vid­u­als and fam­i­lies fare — in terms of health, hous­ing, food and clothes — when they are not paid the same wages and income as their counterparts?
  • How does soci­ety cre­ate pro­duc­tive, trained and skilled indi­vid­u­als when large seg­ments of the pop­u­la­tion lack access to the key com­po­nents, such as good teach­ers, trans­porta­tion, suf­fi­cient income and job training?
  • How does the Unit­ed States remain com­pet­i­tive when qual­i­fied per­son­nel are in short sup­ply and com­pa­nies can­not hire enough employ­ees to meet their needs?

PSE’s report out­lines prin­ci­ples that sup­port eco­nom­ic inclu­sion pol­i­cy and imag­ines a city where:

  • Fam­i­lies of all races and income lev­els achieve finan­cial well-being.
  • Region­al busi­ness com­mu­ni­ties and key deci­sion mak­ers rec­og­nize that low-income com­mu­ni­ties and com­mu­ni­ties of col­or are untapped eco­nom­ic assets.
  • Indi­vid­u­als can access equi­table and diverse edu­ca­tion­al oppor­tu­ni­ties with appro­pri­ate sup­port systems.
  • Com­mu­ni­ties of col­or and low-income com­mu­ni­ties receive improved work­force train­ing and soft-skills development.
  • Authen­tic pub­lic-pri­vate com­mu­ni­ty part­ner­ships dri­ve place-based approach­es for eco­nom­ic inclu­sion and help revi­tal­ize under­de­vel­oped areas while invig­o­rat­ing met­ro­pol­i­tan economies.

Though PSE’s approach to assess­ing eco­nom­ic growth in Atlanta is new, the issues fac­ing the city are well estab­lished. For more than a decade, the Foun­da­tion has focused on address­ing dis­par­i­ties and increas­ing edu­ca­tion­al and eco­nom­ic oppor­tu­ni­ties across sev­er­al south­west Atlanta neigh­bor­hoods (Con­sid­er the report Chang­ing the Odds: The Race for Results in Atlanta, where Casey explores how race and place cre­ate bar­ri­ers that keep the city’s kids from reach­ing their full potential).

If we want to keep grow­ing, keep thriv­ing and remain com­pet­i­tive, Atlanta — and the nation as a whole — must shift our pri­or­i­ties,” says Janelle Williams, a senior asso­ciate at the Casey Foundation’s Atlanta Civic Site. When we leave low-income com­mu­ni­ties and com­mu­ni­ties of col­or behind, we leave tal­ent behind. All peo­ple, regard­less of zip code or race, deserve the oppor­tu­ni­ty to learn and inno­vate and be active con­trib­u­tors in our economy.”