Global Initiatives Council: Research Projects
Access to key information and resources is one of the tools that the Global Initiatives Council strives to provide to our members.
Under the leadership of Dr. Anatoly Zhuplev, professor at Loyola Marymount University and Council Co-chair, a team of LMU students are compiling research for pertinent topics. Below are some of the research papers:
This paper explores the role of trade in California’s growth and development. An assessment is conducted of the state’s government trade programs and their ability enhance California’s competitiveness in the global market. The State’s trade infrastructure remains competitive in the global market, and international trade is still very much an integral component of the economy. However, California is experiencing a decline in its appeal as a trade partner, largely due to the absence of a centralized government agency to promote foreign trade. The lack of government representation for business interests in California is producing a commercial climate that is becoming increasingly antagonistic to foreign trade. Consequently, Sacramento must observe and adopt other state’s examples of trade-supporting agencies. Lastly, the state government must reform its corporate tax code if it wishes to remain competitive in the country and world.
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This paper is a survey of both foreign and domestic programs, policies, and strategies whose purposes are to stimulate trade, create business-friendly climates, and find a set of best practices. Asian countries, such as Japan and South Korea, have agencies that offer consultation to facilitate trade for their countries’ products, provide opportunities for investment, and offer business matching making services. Within the United States, President Obama’s National Export Initiative strives to get SMEs to export, expand into other markets, and provide trade financing. Other state governments have their own trade initiatives to aid in economic development for important industries within their state. California’s trade initiative programs are not as effective compared to these others. Sacramento can adopt practices from these other programs by developing: trade offices, economic zones, export councils, and industry cluster databases.
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The following white papers were compiled by Kevin Bell, Research Intern, Global Economics, sponsored by Venture Strategies Innovations:
Brazil is under great pressure to modernize and upgrade its infrastructure in time for the World Cup and Olympics. In addition, if Brazil is to maintain its economic growth it must invest in its ports, rail system, and roads which are in poor conditions. Brazil cannot compete effectively in international trade if these problems are not fixed. In the medium-term, Brazil will move from a developing nation to a developed one. However, much of its population still lacks access to clean water and sewage. California businesses can help Brazil answer these obstacles due to its experience solving these issues. Brazil provides a great investment opportunities in the short and medium-terms. Californian businesses are better off entering the Brazilian market in a joint venture in order to help it navigate the complex regulatory and tax systems. Read more
To read more of Kevin's work, including white papers on intellectual property rights, trans-pacific partnership, and the implications of the KORUS FTA, please visit our advocacy page.