The following values set the foundation for how the region will implement the vision of the Greater Portland Economic Recovery Plan:
- Remove barriers and build trust to advance racial equity for underserved and under-resourced populations
- Work together through regional collaboration and communication to strengthen all of our communities
- Take urgent action for businesses and people in need
- Lead with health by prioritizing public health
- Invest strategically and use data to inform priorities for action.
Along with the Economic Recovery Plan's vision and values, the overarching principles listed here serve as a critical foundation in developing and implementing the more detailed priorities and actions of the plan.
Leading with equity
The Economic Recovery Plan was developed using an equity lens to guide the work. This represents not only the long-standing commitment of the regional partners’ leadership and consulting team to equitable growth and recovery, but also the need to respond to the current outcry for greater racial equity in the region and nation.
The pandemic has exacerbated the historic structural barriers that lead to inequalities in skills attainment, education, income and ultimately, wealth creation. Existing disparities have worsened for persons of color and businesses they own. Workers in lower-paying occupational groups, female workers, and workers with lower educational levels were also severely impacted.
These systemic issues have been developing over decades and are key vulnerabilities that limit economic growth and resilience. Without the right interventions, these trends will lead to greater inequities and more social unrest.
Prioritizing public health
As the pandemic drags on, restoring public health is a precondition for a full economic recovery. The states of Oregon and Washington are responsible for establishing the guidelines to maintain public health.
The region will fully support the governors’ policies and recommendations for best practices and policies, and encourage local businesses to do the same. The region will work collaboratively with state employees to improve the health of the regional economy in conjunction with the health of the residents.
Engaging the private sector
The private sector and larger employers from across greater Portland are crucial in helping to advance economic mobility for BIPOC workers impacted by the pandemic.
Addressing barriers in hiring, retaining, and promoting BIPOC employees through culture change, relationships with communities, and public accountability can help impacted workers get back to work sooner and for the longer-term.