The City of Atlanta has launched a new regional plan for growing exports. The plan is seen as a critical step to help continue growth in the nation’s 13th largest metropolitan region, and aims to capitalize on shifting global trade patterns. More from Brookings:
By 2012, a majority of the 50 top performing metropolitan economies worldwide were in developing Asia-Pacific countries. U.S. metros must take advantage of growing demand abroad by developing export and engagement strategies that build on their special assets in the global economy.
The region has already taken the first step. Two weeks ago, Mayor Kasim Reed announced the launch of an Atlanta Metropolitan Export Plan that will be developed in collaboration with some of the region’s key business, political, university and non-profit leaders. The next step will be to conduct a market assessment of regional industries, identify the metro’s strengths and weaknesses, and determine what policies and investments are necessary to grow exports.