CHICAGO, Dec. 6, 2011 /PRNewswire/ -- The Chicagoland Chamber of Commerce Foundation announced that the response to the draft of the Tri-State Chicago Metropolitan Region economic study will be delivered this morning in the Paris headquarters of the OECD by former Governor Jim Thompson and Illinois DCEO director Warren Ribley. Mssrs. Thompson and Ribley head a tri-state delegation of government and business leaders who represent dozens of organizations and hundreds of professionals, contributing to the study since work started approximately one year ago.
"Wisconsin, Indiana and Illinois have been heavily involved in providing economic intelligence to the OECD team conducting this study," stated Lance Pressl, president of the Chicagoland Chamber of Commerce Foundation and lead of the Chicago tri-state team. "We are very pleased that director Ribley and former Governor Thompson agreed to take a lead role in this Paris meeting. Their input along with that of the team will shape the final report that is scheduled to be completed in March 2012."
The Chicagoland Chamber Foundation initiated the study by securing funding through public and private organizations including the U.S. Department of Commerce, Economic Development Administration, State of Illinois, Department of Commerce and Economic Opportunity, Chicago Metropolitan Agency for Planning, Commonwealth Edison, Motorola, CN, and Boeing. Work on the actual study began in the first quarter of 2011.
"This study will benchmark our region against dozens of world metropolitan areas and provide our economic planners with access to an unmatched reservoir of economic data," commented Warren Ribley. "The state of Illinois is very appreciative of the constructive working relationship developed across the three states."
Acknowledging that cross border collaboration can be challenging, Governor James R. Thompson said: "I believe this report will help set the course for a new vision that is shared by the three governors and by the political and civic leadership of northern Illinois, northwest Indiana and southeast Wisconsin. While competition between states is healthy, and can stimulate innovation and creativity while bringing new jobs to a region, a 'beggar thy neighbor' policy of economic development is destructive and unsustainable."
Participants in the December 6 OECD meeting include:
Fragomen, Del Rey, Bernsen & Loewy
Milwaukee Water Council
Associate Vice Provost and Professor
Institute for Work and the Economy
City of Racine
Smith & Donovan Confections
Global Director, Corporate Citizenship & Responsibility.
Director , Regional Economics Applications
University of Illinois
Bryan Cave, LLP
Director, Business Recruitment
Indiana Economic Development Corporation (IEDC)
Chicagoland Chamber of Commerce Foundation
Illinois Department of Commerce and Economic Opportunity
Director, J. U. M. P Economic Development Program University of Wisconsin-Milwaukee University of Wisconsin-Parkside
State of Illinois
Tribeca Flashpoint Academy
World Business Chicago
College of Lake County
For more information about The OECD and previous Territorial Reviews, please visit www.oecd.org.
SOURCE Chicagoland Chamber of Commerce Foundation