The Potential Economic and Fiscal Cost to Missouri and Kansas of Proposed Policies Limiting the Role of Diversity, Equity, and Inclusion | The Perryman Group

The Potential Economic and Fiscal Cost to Missouri and Kansas of Proposed Policies Limiting the Role of Diversity, Equity, and Inclusion

Published on February 01, 2024
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Irrespective of their stated purpose or actual intent, policies perceived to be discriminatory can lead to economic harms. This pattern of awareness and potential consequences is increasing as such actions receive greater attention. For example, controversial laws can both reduce travel and tourism and diminish the potential for economic development.

There are currently several proposed bills and other measures in Missouri and Kansas with diversity, equity and inclusion (DEI) components. If passed, such anti-DEI legislation could be viewed as discriminatory and could negatively affect the economy through two primary channels: reduced tourism and a diminished potential for economic development.

The US economy is facing major challenges and uncertainty due to numerous factors including fiscal policy concerns, ongoing inflation, and geopolitical tensions around the globe. In such an environment, competition for quality corporate locations and expansions as well as highly skilled workers is particularly intense. The potential negative effects of policies which could be viewed as discriminatory can be a major detriment to economic competitiveness.

For more details please refer to the full report.