Leading with Racial Equity in the Economic Recovery Process

The economic fallout from the COVID-19 pandemic is rampant and widespread, but poses particular threats to Black and Brown communities – communities that already experience economic inequalities and disparities due to historically racist policies and programs. As reported by the Economic Policy Institute, “The racial wealth gap is much larger than the wage or income gap by race. Average wealth for white families is seven times higher than average wealth for black families.” The disproportionate impact on historically marginalized communities means racial equity must be at the forefront of the economic recovery process. Across the country cities face their own set of unique challenges in addressing racial economic disparities, but there are trends in the solutions. Data must accurately speak to the racial disparities and communities must be empowered to lead economic equity initiatives. In this panel, hear how place-based and local approaches in Oakland, Kansas City, and Atlanta, presented by FUSE Executive Fellows Nia Harper, Violet Pearson, and LaDonna Gooden, can come together for sustainable and transformative change.