RICHMOND, Va., July 14 /PRNewswire/ -- Matters of war and peace are often
a matter of economic life or death for those who live and work in the shadow
of U.S. military installations. The payroll spending of the military and
civilian work forces associated with these installations and the lucrative
defense contracts they generate are major lifelines for some Fifth District
communities. In the new issue of Region Focus, Charles Gerena looks at the
important role that these bases play in the economic lives of their
communities.
Also in this issue:
* Interview: Kenneth Rogoff, Director of Research, International Monetary
Fund
* Liquid Assets: Who Should Sell Hard Liquor -- State-Run Monopolies or
Private Companies?
* May I See Your License, Please?: The Economics of Occupational Licensing
* No Silver Bullet: Tax and Spending Limits Can't Cure All Budgetary Ills
* Federal Reserve Feature: The Discount Window's Evolving Role as a
Liquidity Lifeline
* Economic History Feature: Roads to Riches -- How Stock Car Racing Became
a Huge Sport and Business
Region Focus, a quarterly business magazine published by the Federal
Reserve Bank of Richmond, covers the economy and business activities of the
District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and
most of West Virginia.
For free copies of Region Focus, contact the Bank's Public Affairs
Department at 804.697.8109. The articles are available online at
http://www.rich.frb.org/pubs/regionfocus
SOURCE Federal Reserve Bank of Richmond
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Related links:
http://www.rich.frb.org/pubs/regionfocus
http://www.rich.frb.org
CONTACT:
Aaron Steelman, Senior Editor, Region Focus,
of the Federal Reserve Bank of Richmond, +1-804-697-2658, or
Aaron.Steelman@rich.frb.org
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