/javascript" src="../static/js/analytics.js"> CalTrade Report - New California Economic Council Created California, Gov. Arnold Schwarzenegger, CalTrade Report, George Schultz, Warren Buffett - New California Economic Council Created - Governor forms new group to confront challenges and identify opportunities for California businesses CalTrade Report Asia Quake Victims 09/18/04 - The new California Council of Economic Advisors will be co-chaired by former US Secretary of State George Shultz and investor Warren Buffett (seen left and right, respectively, flanking Gov. Arnold Schwarzenegger) and will include economist Arthur Laffer and Nobel Prize awardees Milton Friedman and Gary Becker among others; the Council will act as an advisory capacity to the governor on economic matters and meet with him periodically to assist ''in confronting the economic challenges facing the state in addition to identifying economic opportunities for California.'' - 09/18/04 - The new California Council of Economic Advisors will be co-chaired by former US Secretary of State George Shultz and investor Warren Buffett (seen left and right, respectively, flanking Gov. Arnold Schwarzenegger) and will include economist Arthur Laffer and Nobel Prize awardees Milton Friedman and Gary Becker among others; the Council will act as an advisory capacity to the governor on economic matters and meet with him periodically to assist ''in confronting the economic challenges facing the state in addition to identifying economic opportunities for California.'' - New California Economic Council Created California, Gov. Arnold Schwarzenegger, CalTrade Report, George Schultz, Warren Buffett - New California Economic Council Created

 

Tuesday, June 13, 2006

 

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New California Economic Council Created

Governor forms new group to confront challenges and identify opportunities for California businesses

SACRAMENTO - 09/18/04 - California Governor Arnold Schwarzenegger has announced the creation of a new group - the California Council of Economic Advisors - to act as an advisory capacity to the governor on economic matters and meet with him periodically to assist "in confronting the economic challenges facing the state in addition to identifying economic opportunities for California," according to the governor's office.
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"This is a group of brilliant individuals with a clear understanding of the complexities of our economy and the steps necessary to rebuild it," Schwarzenegger said in a written statement.
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Eight out of the 16 members of the group serve as Fellows of the Hoover Institution at Stanford University in Palo Alto, including former US Secretary of State George Shultz, who will?co-chair of the Council with investor and businessman Warren Buffett (seen, left and right, respectively, flanking Gov. Schwarzenegger).

Both Shultz and Buffett served as advisors to Schwarzenegger in the run-up campaign to last October's?recall election that ousted former Democrat governor?Gray Davis.?

Named as council members to serve with Shultz and Buffett are Annelise Anderson, a research fellow at the Hoover Institution at Stanford University; Martin Anderson, a senior fellow at the Hoover Institution; Gary Becker, who won the Nobel Memorial Prize for Economics in 1992, and who also is a senior fellow at Hoover; Michael Boskin, a senior fellow at Hoover and an economics professor at Stanford; former Silicon Valley congressman Tom Campbell, now dean of the Haas School of Business at the University of California, Berkeley; and John Cogan, a senior fellow at Hoover and a professor in the Public Policy Program at Stanford University.

Also selected to serve are Milton Friedman, recipient of the 1976 Nobel Prize for Economic Science, and who has been a senior research fellow at the Hoover Institution since 1977; Arthur Laffer, founder and chairman of Laffer Associates, an economic research and consulting firm; John Shoven, director of the Stanford Institute for Economic Policy Research and the Charles R. Schwab Professor of Economics at Stanford University; and James Sweeney, of the Stanford University, where he serves as a professor of management science and engineering and a senior fellow of the Stanford Institute for Economic Policy Research and senior fellow of the Hoover Institution.

In addition, Robert Denham, a partner in the law firm of Munger, Tolles & Olson, LLP; James Doti, president of Chapman University; and Sebastian Edwards, professor of international business and economics at the Anderson Graduate School of Management at the University of California, Los Angeles have been named to the group.
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At the same time, the Republican governor announced at the same time that he had established a Commission on Jobs and Economic Growth.

The co-chairmen of the Jobs Commission - Warren Hellman, the chairman and co-founder of San Francisco-based Hellman & Friedman, LLC, a private equity investment firm, and Ronald Olson, a partner in Los Angeles law firm of Munger, Tolles & Olson, LLP - will serve as ex-officio members of the Council.

According to the Governor's office, Shultz will also serve as an ex-officio member of the Commission on Jobs and Economic Growth to facilitate coordination and communication between the two entities.

Go back, or read the latest Front Page stories:

US Seeks Stronger Ties With Brazil

WASHINGTON, DC – 06/13/06 – Rebounding from the failure to craft a Free Trade Area of the Americas pact, the Bush Administration is aiming at strengthening trade ties with Brazil in an effort to counter China’s fast-growing economic influence in Latin America; China should not only be seen as an export market with 1.3 billion consumers, but also as a nation of 1.3 billion ''new competitors,'' says US Secretary of Commerce Carlos Guittierez.


US Threatens WTO Action Against China

WASHINGTON, DC – 06/10/06 – The White House is threatening to slap China with a World Trade Organization case unless Beijing responds quickly to US concerns over its lack of action on securing intellectual property rights for US products; talks on bringing the WTO case are at a ''very advanced stage,'' according to a high level official in the Office of the US trade Representative.


High Hopes for Central American Trade Pact

WASHINGTON, DC – 06/08/06 – The US -Central American Free Trade Agreement (CAFTA) still faces some hurdles, but could become a reality ''very soon,'' according to Deputy Secretary of State Robert Zoellick; the issues relating to government procurement, intellectual property rights and agriculture still need to be worked through, says the former US Trade Representative following a session of the Organization of American States (OAS) General Assembly in Santo Domingo, Dominican Republic.





 

 


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