Phan Provides Insights On Maryland Economy To State Commission

Main navigation Johns Hopkins Legacy Online programs Faculty Directory Experiential studying Career resources Alumni mentoring program Util Nav CTA CTA Breadcrumb Phan Provides Insights on Maryland Economy to State Commission “If Maryland were a company, would I buy, promote, or maintain its stock?” That was the query posed by Carey Business School Executive Vice Dean and Professor Phillip H. Phan as he delivered an appraisal of Maryland’s financial system to the state’s Economic Development Commission on April 30, 2014, in Annapolis. Phan offered his insights on the fee’s invitation. Citing public information from quite a few federal agencies, Phan gave the state a blended rating. He cited optimistic developments such because the $50 million Maryland Innovation Initiative to advertise data sharing amongst researchers, the Regional Institution Strategic Enterprise Zones (RISE) program that aims to foster neighborhood development close to faculties and universities, and the resurgence of the Port of Baltimore. But he additionally noted negatives such because the poor efficiency of Baltimore City’s public faculties and the “C-minus” situation of the state’s infrastructure. In reply to his opening query, Phan stated he would purchase stock in Maryland because he views the state’s financial efficiency and “entrepreneurial ecosystem” as “above par nationally.” However, he added, he would defend the investment by tying it to a promote name that would be triggered by a big enhance in any of the three following markers for Baltimore â€" its charges of violent crime, population flight, and high school dropouts. Phan clarified firstly of his 3,300-word statement that the views were his personal and were not made on behalf of Johns Hopkins University or the Carey Business School. Other comments from Phan’s appearance before the Economic Development Commission: Posted one hundred International Drive