Alaska's economy is challenged to provide quality jobs for the state's residents, cover the costs of government services, and build the economic infrastructure needed to be globally competitive. With support from the Denali Commission, the Alaska Partnership for Economic Development (APED) has initiated a multi-phase process to analyze the economy, create an economic development strategy and identify action initiatives to address the state's challenges.
This report is a first step in that process. It is a situational analysis that describes and analyzes the current economic development system in Alaska and the state's unique set of economic and business climate factors. Along with a suggested path forward, the report is designed to inform a next phase of collaborative formulation of practical strategic and tactical action initiatives to safeguard the future success of Alaska.