Economic Development — Alliance for Early Childhood Finance

Economic Development

Child Care in State Economies (2015) – This report, commissioned by the Committee for Economic Development,  focuses on the use of paid child care and related economic impact within communities (e.g., labor force participation, spillover impact from local purchases of goods and services, and jobs generated, etc.)   A copy of the report, executive summary, state fact sheets and talking points, social media posts are available at CED.

Social Impact Bonds: A Primer and Landscape (2013). This brief, by Anna Torsney-Wier from the Ounce of Prevention Fund, explains Social Impact Bonds and identifies key issues to consider with regard to this financing strategy.

New Schools on the Block: Understanding and Expanding Community Developer Participation in Early Childhood Care and Education (2012) – This paper, written by Matthew Singh, uses case studies to demonstrate the various roles that community developers can play in supporting child care.

The Economic Importance of the Early Care and Education Sector, Research and Policy Brief (2008). This policy brief, prepared by Mildred Warner, focuses on the economic importance of the child care industry in New York State.

Articulating the Economic Importance of Child Care for Community Development Special Issue: Community Development: Journal of the Community Development Society Volume 37 No 2, June 2006. This special issue, edited by Mildred E. Warner, focuses on the economic significance of child care in three areas: the importance of child care for the long term prospects of children, child care’s importance for parents as workers and child care purchasers, the importance of the child care industry for regional economies.

The Child Care Industry: An Integral Part of Long Island’s Economy (2004) this study, co-authored by Louise Stoney, measures the economic impact of the early care and education industry on Long Island, New York.

Economic Development Strategies to Promote Quality Child Care (2004) The purpose of this document is to help ECE leaders understand the core concepts of economic development and help the economic development community to see the connections between their work and the ECE industry. The report includes a strategy guide  on economic development policy as well as a toolbox that includes detailed examples of how economic development policy has been applied to child care.

Framing Child Care as Economic Development: Lessons from Early Studies (2004) This report summarizes lessons learned from the early years of the Linking Economic Development and Child Care Project, which was funded by the W.K. Kellogg Foundation and co-sponsored by the Alliance for Early Childhood Finance and Cornell University Department of City and Regional Planning.

“Investing in the Child Care Industry: An Economic Development Strategy for Kansas” Executive Summary and Final Report (2003) this study, prepared for the Mid-America Regional Council, quantifies the economic returns from the ECE industry in Kansas. It also includes an interesting use of multipliers to measure the impact of federal funds that are attracted into the state as a result of the ECE industry.