Framework for Sustainable Development
The Center builds on the Federal Reserve Bank of Minneapolis’s tradition of community and economic development work in American Indian reservations and other Native American communities. That tradition includes a strategic approach to sustainable development, created by the Federal Reserve Bank of Minneapolis, that is represented below.
- Resources: The awareness and effective use of information and programs that deepen the understanding of the barriers to and opportunities for economic development in Indian Country and further the economic development efforts of tribes, Native consumers, and Native business owners.
- Finance: The attainment of national parity with respect to access to commercial and consumer capital and financial services.
- Infrastructure: The promotion of sound economic infrastructure, including land use and property rights policies and legal systems, and human capital development initiatives that are culturally appropriate and supportive of local goals.
- Governance: The design and implementation of governance structures (including tribal constitutions, courts, and ethics systems as well as cross-jurisdictional arrangements) which promote attainment of local goals for investment, employment, and entrepreneurship.