Gregg Erickson & Milt Barker, economists
Independent economic reports
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Alaska Industrial Development and Export Authority (AIDEA) Loan Participation Program — A Closer Look, The AIDEA Endowment: A Short History of a Disputed Resource, and AIDEA’s March to Autonomy show that the Alaska Industrial Development and Export Authority (AIDEA) largely fails at creating jobs or generating new economic opportunity, engages in wasteful loan practices, and has become “in many respects an autonomous organization, exempted from the most important laws that protect the public.”
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New reports show that AIDEA’s project decisions are more politically driven, losing gambles than they are investments. AIDEA has not only mostly failed to create jobs or wisely invest state funds, it has cost Alaskans billions of dollars.
Read the Executive Summary
Read the One Pager
Read the Full Report
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Read Alaska Megaproject Update report