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Anchor Institutions Are Vital to Local Economies; Can the Communities Recover When They Close or Merge?

Author
This Week in Business
Published
Tue 17 Dec 2024
Episode Link
https://knowledge.wharton.upenn.edu/podcast/wharton-business-daily-podcast/why-anchor-institutions-are-vital-to-local-economies/

Pat Harker, Philadelphia Fed President, and Deborah Diamond, Director of Anchor Economy Initiative, join the show to discuss the Anchor Economy Initiative, which examines how hospitals and higher education institutions sustain jobs, drive economic growth, and support equitable regional development in 524 regions across the U.S.

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