Creating Scandals Instead of Jobs

Creating Scandals Instead of Jobs: The Failures of Privatized State Economic Development Agencies

by Greg LeRoy, Thomas Cafcas, Leigh McIlvaine, Kasia Tarczynska and Philip Mattera

October 2013

The moves by some states to outsource economic development functions to “public-private partnerships” have, by and large, become costly failures characterized by misuse of taxpayer funds, conflicts of interest, excessive executive pay and bonuses, questionable subsidy awards, exaggerated job-creation claims, lack of public disclosure of key records, and resistance to basic oversight.

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