be effective in supporting both short-term recovery and long-term competitiveness
in the global economy, the state government must craft an appropriate role
that builds on "state-of-the-art" economic development practices, and create
new partnerships based on the idea that economic performance is a shared responsibility.
Economic Vitality Conversations
Secretary of Business, Transportation, and Housing Sunne Wright McPeak and other Cabinet members, together with the Governor's office, have initiated a series of Economic Vitality Conversations in Sacramento. Secretary McPeak has also asked CCRL to convene a series of Regional Economic Recovery Conversations around the state in which hundreds of regional civic, business, and local government leaders will provide direct input to state leaders on economic recovery challenges and strategies. Through the state-level Economic Vitality Conversations in Sacramento and the concurrent regional sessions, California will have the opportunity to develop a plan that will improve economic competitiveness from the regions up.
CCRL is pleased that Pacific Gas and Electric Company and Bank of America have sponsored the Regional Conversations.
Click here for materials from the Regional Economic Vitality Conversations.
Click here to download Framework For California Prosperity, a
report from Governor Schwarzenegger’s Cabinet that presents recommendations
for achieving and sustaining economic prosperity from comments heard from
California’s civic leaders at statewide Economic Vitality Conversations.
California Economic Strategy Panel
The California Economic Strategy Panel was created to develop a statewide vision and strategy that will guide public policy decisions. Through this process, a better understanding of the state's regional economies has emerged. The CESP, in its "A Call to Action" report of December 2002, lays out the "four pillars" of good economic strategy:
The California Regional Economies Project
- Economic Data and Information Policy (better data and an ongoing framework for understanding, tracking, and disseminating information about changes in our economy and our regions, and identifying emerging opportunities for growth and investment)
- Workforce Investment and Education Policy (investing in an excellent education system, lifelong learning and skills upgrading, for both workers and businesses)
- Infrastructure Policy (investing in core infrastructure systems and planning for high quality communities)
- Governance and Regionalism Policy (aligning state policies and resources with regional needs and priorities)
The California Economic Strategy Panel and the California Workforce Investment Board are collaborating to sponsor this project, which is giving data-driven insight into changes, both cyclical and structural, in regions' economic bases. As part of the project, CCRL is helping the local Workforce Investment Boards to plan and recruit participants for an ongoing series of regional forums. The attendees, who are primarily users and analysts of economic data, review and comment on detailed information about trends in jobs, income, population, and other key indicators in their region over the last 14 years.