Econ Focus

Econ Focus (formerly Region Focus) is the economics magazine of the Federal Reserve Bank of Richmond. It covers economic issues affecting the Fifth Federal Reserve District and the nation and is published on a quarterly basis by the Bank's Research Department.

Region Focus

Second Quarter 2011

Region Focus, Second Quarter 2011

Cover Story

Foreign Housing Finance

America’s housing finance system — including its hefty government support — is unique in the world. As reform progresses, the models of other developed nations could provide some insight.

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Targeted Charitable Giving: Good intentions, unintended consequences

People give impulsively to charities following a disaster. But such generosity can be a problem when donors restrict the funds to a specific catastrophic event.
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When South Carolina Met BMW: Behind the deal that brought a halo effect and Bavarian meatloaf to Spartanburg

BMW investigated 250 locations worldwide for its first new manufacturing plant outside of Germany. The company chose South Carolina. How has the relationship worked out?
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Why Aren’t All Countries Rich? Economists question why some countries stagnate and others thrive

Sound institutions are essential to economic growth, but there is considerable debate about how countries can acquire them -- and how to feed and educate their citizens in the meantime.
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Organizing in Decline: Tracing the (diminishing) role of unions in today’s labor market

An increasingly competitive world explains much of labor unions’ long-term decline, though public-sector unions remain prevalent despite new controversies.
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Aaron Steelman
Publications Director