Tuesday, July 17, 2007

Start revamp of NY economic arm with its name: study

(Reuters) - A.T. Kearney Inc., which the state hired to analyze the Empire State Development Corporation, said, "The fact that economic development is often funded by legislative appropriation rather than through products administered by the Empire State Development is a strong reminder that the state has lost confidence in the agency's ability to carry out its key mission."




" sidelined by more agile, entrepreneurial and scientifically trained competition, the state has been desperately trying to get back into the economic competitiveness race for over a decade," it added.


Read more at Reuters.com Business News

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