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Alaska’s economy thrives in an atmosphere of
smart growth, balancing economic and
environmental priorities while retaining and
creating sustainable wage jobs, expanding
and diversifying the tax base, and growing
economic wealth to ensure resources that
provide for the people and businesses of
Alaska into the future.
Mission Statement
The purpose of the Alaska Strategic Economic
Development Plan is to formulate sound
economic policies, promote the growth of
economic wealth and to ensure a high quality
of life for all of Alaska’s residents, while
allowing for the preservation of the
population’s unique character and cultural
diversity.
Value Statement
As Alaska moves forward in the 21st Century,
the state’s success will depend on
resiliency and economic diversity, as well
as the ability to compete at the regional,
national and global levels.
It will become increasingly difficult,
financially, to address Alaska’s
pressing economic, social and climate
change challenges unless the state has a
strong and diverse economy beyond
reliance on oil and gas.
Alaska’s
public policy must ensure that economic
growth in Alaska is promoted without
compromising the attributes that provide
for Alaska’s high quality of life.
This can be achieved by:
Diversifying the tax base to secure
fiscal stability in state, regional and
local revenues. This will also help
mitigate the impacts of volatile global
resource prices, providing a more stable
economic base and fiscal certainty.
Promoting the creation of wealth in
Alaska, while developing an environment
that fosters the retention of that
wealth in Alaska. It is time for
Alaskans to own the tractors, not drive
them.
Enhancing the retention and
attraction of workers of all ages by
addressing health and public safety
issues, and promoting the overall
welfare of Alaska residents. |



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