ESI Blog: Present Value
Present Value was created as a platform for sharing ideas, discussing our interests and improving connections with our community. Each week, we invite guest contributors from the ranks of our senior advisors, industry experts, and thought leaders.
On March 18th and 19th 2021, the first high-level diplomatic meeting since Biden’s election took place in Anchorage, Alaska against the backdrop of deteriorating bilateral relations of the two countries. The meeting opened with heated exchanges of rebukes of each other’s policies, but followed with much more rational and constructive discussions, which suggests that both […]
Millions of Americans across the country began to receive $1,400 stimulus payments included in the American Rescue Plan as early as March 17th. An estimated 1.1 million Philadelphians are expected to receive these payments. While not replacing lost earned income—the purpose of expanded unemployment and business safety-net programs like PPP—this payment program represents a very […]
COVID-19 has served as a stress test for cities as businesses and services were shut down and medical facilities stretched to their limits. It has exposed weaknesses in digital infrastructure and resilience as disruptions have emerged unexpectedly with far-reaching aftershocks. Simultaneously, cities are facing mounting pressures to address vulnerabilities related to cybersecurity and climate change. […]
When we talk about wanting to make a difference through our Equity & Inclusion practice, it is simultaneously a bland statement and an eyebrow-raising one. Bland because who doesn’t want to have a positive impact? But eyebrow-raising because it makes it sound like we are a non-profit or a think tank, rather than a for-profit […]
Last week saw the passages of the $1.9 trillion American Rescue Plan, which is topped only by the $2.2 trillion CARES Act in the size and scope of the infusion of spending into the economy. The plan includes direct payments to households and an extension of unemployment insurance benefits that, like the CARES Act, should […]
Whether one lives in a metropolitan, suburban, or rural area, they are aware of the current state of their community in a major or minor capacity. Over many decades, residents will notice the improvements or deteriorations that impacted their community. The distinctness of community development, as well as economic development, remains apparent, but it is […]
As we look forward to a “better normal” in a post-pandemic world, how can cities and economic development professionals ensure that incentives and programs targeted at business growth are equitably distributed? Diversifying how state and local governments support economic recovery and growth across our communities is more important now than ever. ESI Principal Gina Lavery […]
The ongoing pandemic has been a watershed event for businesses and their customers around the world, particularly for the wealth and asset management industry. The crisis is heightening—and speeding up—digital, social, economic, demographic, and regulatory shifts that were already transforming the industry before the virus hit. But the ensuing health crisis has prompted investors to reexamine their […]
Succeeding in a Transformed Post-Pandemic World With the end of the pandemic in sight, a new U.S. administration in place, and Brexit a reality, 2021 is quickly becoming a new dawn for business and government. Digital, social, and economic shifts will continue to gain momentum, propelling companies and cities into the Fourth Industrial Revolution. This […]
Will museums be the same after the pandemic has passed? Before closing their doors due to the pandemic, museums and galleries were slow to adopt digitalization. The ways we explore the arts have not changed much since the early 20th century, with visitors crowding into a room to look at one or two works at […]