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Report

Business Without Borders? The Globalization of the California Economy

By Howard J. Shatz

State policymakers have long focused on boosting California exports and attracting foreign companies, but global economic integration is likely to provide new challenges and opportunities. This report describes California’s global exposure with special emphasis on goods and services trade, foreign direct investment, and port activity. It finds that the California economy does not differ markedly from the rest of the United States in some standard measures of economic globalization, but that California firms are at the leading edge of several emergent trends. Compared to the rest of the United States, California exports more services and manufactured goods, and its ports ship more exports by air than by land or sea. Also, California manufacturers are more likely to use production sharing than other U.S. firms.

Report

Income Inequality and Economic Opportunity in California

By Sarah Bohn, Dean Bonner, Julien Lafortune, Tess Thorman

The current recession threatens to deepen California’s economic divide and further reduce opportunities for low-income families, communities of color, and women. State policy actions could promote an equitable recovery and address widening income inequality.

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