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A group of business leaders, government officials and scholars gathered Monday at UNLV to discuss Nevada’s future. Bruce Katz of the Brookings Institution, which has been studying the Mountain West, brought the group together to talk about how Nevada could position itself for the “new economy.”
Bruce Katz, vice president of the Brookings Institution, will speak at an invitation-only event today at UNLV. He’ll also lead a panel that will include MGM Mirage CEO Jim Murren.
Katz and Brookings, whose Mountain West Initiative is at UNLV, are on the forefront of thinking about how the United States and areas such as the Sun Belt need to transform their economies. With the recession winding down, Southern Nevada will need to rethink its economy to prevent another debt-fueled collapse.
For the past four decades, ever since Kevin Phillips coined the term in his 1969 book,"The Emerging Republican Majority," most Americans have known what the Sunbelt is. It is the huge swath of territory running south along the Atlantic from the southern border of Virginia to Florida, then west to Texas and all the way to California.
Nevada's economy typically roars back from recession, but not this time around. We're joined by Mark Muro, one of the authors of the Brookings Mountain Monitors Report. He tells us why Nevada continues to struggle even as the nation inches forward.
Robert Lang, director of Brookings Mountain West, a UNLV-based offshoot of the prominent Washington, D.C., think tank, spoke to the Las Vegas Chamber of Commerce this week at the Four Seasons Hotel. His message to the business leaders was essentially positive about the future.
"This region will grow again," he said. "We are due at least one more mini-boom."