Monday, September 29, 2008

Buffalo Trading Post

How might Rust Belt cities better plug into global trade? The first step is maximizing the opportunities already located in your backyard:

Over the past decade, geography, NAFTA and globalization have conspired to create a bigger opportunity for Buffalo and Western New York. Thus far, unlike the residents of Buffalo in the 1800s, we have not taken advantage of it. And like most opportunities, this one won’t last forever.

The opportunity being presented to us is to attract overseas companies that currently import goods into North America. We can combine our advantageous location with our rail infrastructure and substantial trade and logistics sector to attract these companies.

The Rust Belt could take advantage of globalization if the region first stopped spending so much energy fighting it.

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