Regional Business and Economics Newspaper

July 2013

Congratulations on your oil the real work begins

Still in its infancy, the Bakken oil boom has spawned economic activity and tax revenue scarcely imagined even a few years ago. Now North Dakota is striving for the right balance to addressing short-term needs, fiscal security and long-term economic development

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Fiscal Oil Boom


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Narayana Kocherlakota

Early Childhood Research at the Federal Reserve Bank of Minneapolis