What Is Meant by Regional Cooperation?

What Is Meant by Regional Cooperation?

What Is Meant by Regional Cooperation?

According to National League of Cities, regional cooperation is a business framework. This framework positions local cities, counties and economic development organizations to come together and create a unified strategy. This strategy affords a cohesive approach to working with businesses and potential employees.

National League of Cities states that competition among businesses for job candidates and business relationships is healthy. This forces the local government to create and promote programs that support workforce development and infrastructure investments. When regional cooperation is absent from local economic policy, cities and counties incorporate resources, such as finances and taxes, to entice businesses from other cities to come to their city.