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Economics

1986

Journal

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The Next Threshold: Higher Skills And The New England Economy, John C. Hoy Jun 1986

The Next Threshold: Higher Skills And The New England Economy, John C. Hoy

New England Journal of Public Policy

The history of the New England regional economy — its attenuated post-World War II decline and subsequent aggressive renewal — reveals an intensifying relationship between economic resurgence, the supply and continuing demand for professional manpower, and the results of academic research and development. The New England region has "outproduced" the rest of the nation in supplying professionally trained men and women, a leading factor not fully appreciated by those describing the region's robust economic health in the decade since Neal Peirce wrote The New England States. New England's "oversupply" in professional fields has given the high-tech and sophisticated services …