Impact of COVID-19 on American Indian Nation's Economy
The COVID-19 pandemic poses threats to three decades of economic improvements in American Indian communities. Tribal economies, reliant on gaming and government services, have been severely impacted, leading to layoffs and debt accumulation. Learn more about how the pandemic has affected the economic development of American Indian tribes in the United States.
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Presentation Transcript
COVID-19 IMPACTS on AMERICAN INDIAN NATION Tom Harris University of Nevada, Reno Email: harris@unr.edu Phone: 775-784-1681
NOTES TO KEEP IN MIND Peggy Noonan: We are not all in the same boat. We are all in the storm. Mark Cuban: economic recovery could be brutal.
COVID-19 PANDEMIC POSES THREATS TO THREE DECADES OF ECONOMIC IMPROVEMENTS: Federal policies of tribal self-determination through self-government have gradually allowed Indian Country economic development to take hold. Even with these policy changes, poverty gap for American Indians is large and hard to close. Harvard Kennedy Center, Ash Center for Democratic Governance and Innovation
TRIBES UNDERTAKE AND SEL-FUND a FULL ARRAY OF GOVERNMENT SERVICES: Tribes lack traditional tax base s enjoyed by state and local governments. Tribal enterprise revenues both gaming and non-gaming- are tribes tax base. Prior to the COVID-19 shutdown , tribe s gaming enterprises channel more than $12.5 billion per year to tribal government programs and services. COVID-19 has impacted the provision of government services, initiated layoffs, and increase debt accumulation.
COVID-19 HAS IMPACTED TRIBAL ECONOMIES AS WELL AS OUTSIDE ECONOMIES
THANK YOU Tom Harris University of Nevada, reno Department of Economics Mail Stop 204 Reno, NV 89557 (email): harris@unr.edu
