QUALITY OF LIFE
NEW ECONOMIC PARADIGM
The New Economic Paradigm will come with higher living standards as a result of
higher incomes for the skilled workforce involved in the new manufacturing industries.
The ultimate goals of regional economic development are high quality of life and the
well-being of its residents. To this end, we will take a close look at different indicators
of the quality of life in South Texas today relative to the rest of the nation. The findings,
as detailed in the next section, will hopefully help us identify the region’s long-run
advantages as well as challenges ahead of the arrival of the New Economic Paradigm.
22
Partnerships
with foreign
stakeholders
will expand the
Port’s growth
potential. . .
Annual Review of South Texas Economy