In this increasingly global economy, cities, suburbs, and towns have to worry not just about competition from an adjacent city or state, but the competition from other countries with lower wages. That's why a handful of places, like Denver, have realized the benefits of regional work. "It's best to look at what makes sense to make the economy of the metropolitan region function effectively," says Christopher Jones, vice president for research at the Regional Plan Association, an independent urban-research and advocacy group focused on the New York, New Jersey, and Connecticut metro area. "If you're not doing that, you're just moving pieces across the table—they could just as easily move back in the other direction instead of creating lasting value and productivity."
Read the full article in the National Journal.