Industry News

April 09, 2012 11:30:48 am

Wall Street Journal: Native American Businesses Perform Better With Less Federal Oversight

A recent Wall Street Journal article comparing Native American programs and businesses with vastly different degrees of federal regulation found that those with independent tribal management performed better than those with highly bureaucratic federal processes.
 
The article, At Last, Some Bright Spots in Indian Country, looked at several tribal programs, including a coal development on the Crow Reservation in Montana which required a lengthy Bureau of Indian Affairs (BIA) approval process for permits.  The tribe’s revenue was $17 million, only a fraction of its estimated worth of $90 billion.
 
The other side of the federal regulation comparison included the Salish-Kootenai Confederated Tribes (SKCT) on Montana’s Flathead Reservation.  The reservation successfully ran over 100 programs since 1995 when it was granted control of forestry decisions on tribal land under the Indian Self- Determination Act of 1976.  The SKCT now earns $2.04 for every dollar it spends on timber management, which is almost double that of its neighbor.  The Lolo National Forest earns $1.10 for every dollar it spends.   
 
For more on this article, please see Indian Country Today Media Network.  
 
For more information on REDW’s Tribal services including Native American Self-Governance, please contact Chris Tyhurst


Tags: TribalSelf-GovernanceSelf-Determination


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