Strategies for Improving Performance
Edited by Peter Karl Kresl and Daniele Ietri
Chapter 7: Strategic resilience and global competitiveness: regional cooperation in the New York City metropolitan area
Collaboration across sectors and municipalities and between and within industries is critical to problem solving. Complex challenges in today’s highly advanced and interactive world require the coordination of resources that transcend institutions, sectors, municipalities, and geographical boundaries of all types. Growing interdependence around the world deepens the shared destinies of municipalities, regions, and nations. A crisis in one part of the world can have rapid implications in many other far away environments. Subsequently, collaborative efforts to solve problems have wide implications. Metropolitan regions are microcosms of global interdependency, where the interrelationship between citizens and institutions intensifies. For example, when significant jobs are lost in a particular region, local businesses lose customers and sales, leading to an overall weakening of this regional economy. When crime runs rampant in a city center, property values decrease; if the area depends on tourism, visitors go elsewhere, residents leave, lowering the tax bases, and driving businesses away, taking jobs and resources. Metropolitan regions are continually dependent on these integrated dynamics, which can bring very negative or positive effects. The New York City metropolitan area has faced both negative and positive ripple effects within its region in recent decades. The global competitiveness of New York City and its region have been influenced by these various shifts.
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