Business attraction efforts that heavily utilize incentives can create unnecessary competition between neighboring local governments. This can cause businesses to become loyal to a community for only as long as the incentives last. Businesses that are attracted to communities through incentives are rarely held accountable for the economic outcomes that were initially expected by the local government.

America is starting to address its longstanding Science, Technology, Engineering and Math deficiency through the sheer power of private sector entrepreneurship.

Public service is a privilege. And as with life’s privileges, it comes with a unique set of responsibilities and obligations.

Document in IBM Center for the Business of Government's Using Technology Series.

This year, the MSRB will focus on improving pricing for investors and issuers, and implementing a regulatory framework for municipal advisors as its top priorities.