Case Study: Economic Development Action Plan Assignment

This assignment constitutes the deliverable previously agreed to in the Declaration of Jurisdiction Assignment which specifically targets the situation of the student’s city, town, or county. MY CITY AND COUNTY IS MIAMI FLORIDA MIAMI DADE COUNTY !

PADM 530

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Case Study: Economic Development Action Plan Assignment

Instructions

Overview

You will submit an Economic Development Analysis with the Proposed Action Plan. In completing this assignment, you will analyze economic development initiatives and policy proposal. This assignment constitutes the deliverable previously agreed to in the Declaration of Jurisdiction Assignment which specifically targets the situation of the student’s city, town, or county.

Instructions

Provide the following information on their previously declared jurisdiction: economic situation, problems, SWOT analysis, legal and public policy issues, governmental atmosphere, and proposed solutions.

Items to include are outlined as follows:

1. Length of assignment: 15–20 pages, not including the title page, abstract, or reference page

2. Format of assignment: APA

3. Number of citations: No less than 25 citations

4. Acceptable sources (e.g. professional and scholarly articles published within the last five years)

Note: Your assignment will be checked for originality via the Turnitin plagiarism tool.

SAMPLE

APA-7 PAPER FOR GRADUATE/DOCTORAL STUDENTS

1

Sample APA Paper: Professional Format for Graduate/Doctoral Students

Claudia S. Sample

School of Behavioral Sciences, Liberty University

Author Note

Claudia S. Sample (usually only included if author has an ORCID number)

I have no known conflict of interest to disclose.

Correspondence concerning this article should be addressed to Claudia S. Sample.

Email: cssample123456789@liberty.edu

Running head:

SWOT analysis

1

SWOT analysis 5

SWOT analysis

Institution:

Student’s name:

Date:

Strengths

Miami Dade County has a number of economic advantages. The existence of a well-developed tourism sector provides several chances for investors and entrepreneurs, such as hotels where tourist hub regions may be established. One of the region’s key advantages is the abundance of recreational sites, which draw a large number of people to metropolitan regions. With no income tax on enterprises, it is simpler for entrepreneurs to start a company in the county With more than 100 consulates, trade offices, and binational chambers of commerce, Miami’s international business community and professional services corps, as well as the city’s highly rated port and airport, it is simple to do business overseas. Miami has acquired its image as a gateway to the globe because of its world-renowned port and airport. Most of the world’s international trade and commerce takes place in major cities in Central and South America, as well as the Caribbean. With a workforce that is multilingual and multicultural, Miami has a lot to offer firms looking to expand internationally (Keenan et al, 2018).

Weaknesses

Climate change might result in an extra 3.8 fatalities per 100,000 Floridians per year, or around 1,000 deaths per year, by 2035 in a scenario with moderate emissions. For the greatest effects of climate change, Raimi said, national and perhaps international legislation would be needed. Florida has made significant progress under Gov. Ron DeSantis (R) in preparing the state for changing circumstances, he said. Additionally, racial inequality have become a major issue in Miami Dade. Concerns about racial inequities in the criminal justice system are not limited to Miami-Dade County alone. The disparity in imprisonment rates across races and ethnicities in the United States has expanded considerably over the last several decades as a consequence of “tough on crime” policies including three strikes, mandatory minimum sentences, and aggressive police, as well as stringent drug enforcement. Because of these punitive regulations, the imprisonment rate for black men is roughly six times higher than for white men, and the imprisonment rate for black women is about two times higher than for white women.

Opportunities

Professional businesses and commercial enterprises might be established in Miami because of the city’s professional knowledge center. Miami-Dade is home to more than 100 foreign diplomatic missions, international trade offices and bi-national chambers of commerce, one of the major platforms for global business in the US, which promote and ease the flow of commerce and investment throughout the globe. Multinational corporations and government agencies in the area work together to facilitate commodities and people’s travel among Miami and their home countries. Lawyers, accountants, and bankers in Miami and across the globe benefit from the cities internationally qualified professional services industry, which includes those from Miami and throughout the world (Wilke et al, 2021).

Opportunities to generate cash for Miami-Dade County exist in a variety of ways. Cruise industry potential are one of several possibilities for expanding tourism in a way that complements the beach sector. A third option is a reintegration program that aims to include all parties, including the government and the corporate sector, in creating revenue for the county. Increasing the general public’s grasp of economic concerns will aid their decision-making on the most feasible economic development initiatives.

As a result, the area is more likely to grow in the future because of the emergence of many company and job prospects. There are no state or local personal income taxes, a low corporate income tax, a good regulatory environment and a broad talent base in the Miami MSA, the nation’s fourth fastest-growing big metropolis, according to WalletHub. Official economic development agency for Miami-Dade County, the Beacon Council works closely with businesses considering Miami for a new location or expansion.

Threats

Miami Dade County’s economic future is threatened by a number of reasons. Having a large amount of debt means that a large portion of one’s income must go into paying off one’s obligations. In addition, trade disputes between commercial and public sector groups pose a hazard. The third concern is the use of economic propaganda by certain politicians, which results in the government rejecting helpful enterprises (Moise, 2020).

References

Keenan, J. M., Hill, T., & Gumber, A. (2018). Climate gentrification: from theory to empiricism in Miami-Dade County, Florida. Environmental Research Letters, 13(5), 054001.

Moise, I. K. (2020). Peer Reviewed: Variation in Risk of COVID-19 Infection and Predictors of Social Determinants of Health in Miami–Dade County, Florida. Preventing chronic disease, 17.

Wilke, A. B., Vasquez, C., Cardenas, G., Carvajal, A., Medina, J., Petrie, W. D., & Beier, J. C. (2021). Invasion, establishment, and spread of invasive mosquitoes from the Culex coronator complex in urban areas of Miami-Dade County, Florida. Scientific reports, 11(1), 1-8.

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