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rpt2 at uchicago.edu
10-25-2004, 03:54 PM
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<div align="center">New Book: Doing Development in Arkansas:
Using Credit to Create Opportunity Outside the Mainstream





By Richard P. Taub





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The University of Arkansas
Press
Fayetteville





In 1988, Governor Bill Clinton invited a Chicago-based banking and
economic development corporation, the Shorebank Corporation, to come to
Arkansas and use credit to encourage economic growth. This is the
story of the Southern Development Bancorporation which was the fruit of
that effort.





A first-rate book on finance and regional development. John
Caskey, Professor of Economics, Swarthmore College



&quot;...........is a richly textured case study that chronicles a bold
experiment,&quot; Marta Tienda, board member of the New York
Fed and Professor, Princeton University







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