Newspaper article THE JOURNAL RECORD

Oklahoma 2000 Unveils Economic Issues Report

Newspaper article THE JOURNAL RECORD

Oklahoma 2000 Unveils Economic Issues Report

Article excerpt

Nine state researchers studied eight Oklahoma economic issues to prepare the latest Oklahoma 2000 Inc. report, unveiled Tuesday at the 1991 Legislative Caucus of the Oklahoma State Chamber of Commerce and Industry.

Here's a brief summary of the report's eight chapters:

- "State Government Provision of Business Finance in Oklahoma" was authored by Larkin Warner, regents professor of economics at Oklahoma State University, and Stephen Smith, business professor at Rose State College.

The report is an introduction to 12 major programs used by state government to provide debt and equity capital to private business to promote economic development.

The report said state government has many business finance programs, most of which are administered independently from the others.

There is no central point where information is gathered, analyzed, and aggregated concerning the outputs of the various state business finance programs, the report said.

The report said business finance programs would continue to be on state government's policy agenda in Oklahoma, and the state would continue to examine the competitiveness of its business finance activities with other states.

- "House Bill 1017: The Education Report Act of 1990" was authored by Craig Knutson, staff economist for Southwestern Bell Telephone Co.; Donald Murry, economics professor at the University of Oklahoma; Kent W. Olson, economics professor at Oklahoma State University; Smith and Warner.

The economists reviewed the $223 million education tax bill in an economic development context, explaining its content and cost.

- "Oklahoma's Corporate International Trade Opportunities in Eastern Europe" was authored by Gerald Lage, economics professor at Oklahoma State University. …

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