Study Strongly Supports Public Banking To Finance Infrastructure

In honor of the Bank of North Dakota’s centennial anniversary, here is an excellent academic report from Cornell University that includes a detailed case study of BND’s 2015 Infrastructure Loan Fund. The report examines the “unique benefits of public banksand explores strategies for the implementation of similar structured institutions in New York State and the broader US context.” Prepared by Shareef M. Hussam for Professor Mildred Warner at Cornell’s Department of City and Regional Planning, it provides strong academic reinforcement for advocates’ testimony…
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