3-Minute Interview: Sean Randolph

The president and CEO of the newly renamed Bay Area Council Economic Institute prognosticates on the economic trends of 2008 affecting the San Francisco Bay Area.

What kind of legislation is the Bay Area Economic Forum pulling for in 2008? One thing to keep an eye out for is legislation related to China. The Bay Area’s economic ties run extremely deepwith China, and lawmakers in Washington, D.C., are trying to impose penalties on China involving manipulation of currency.

What future infrastructure project will have the most impact on the Bay Area? The governor has announced his support for more creative use of public-private partnerships as far as infrastructure projects. I think we’ll see this come on to the public policy agenda in Sacramento in 2008. But even in good years, and this is not going to be a good year, there will be resistance.

What do you mean this is not going to be a good year? Everybody pretty much agrees that 2008 is not going to be a stellar year economically, but it doesn’t have to be a terrible year. As long as consumer-spending holds up, the economy should do really well.

How will the Bay Area stay ahead of global competition in the year to come? As long as we keep our eye on the ball, our comparative advantage, we should be fine. We have a strong IT sector. The movie industry is looking to the Bay Area for their digital entertainment needs. The biotech industry continues to grow, and the Bay Area is establishing itself as the leader in clean-tech — the industry developing renewable and alternative energy.

Bay Area NewsLocal

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

Former Stockton Mayor Michael Tubbs spoke to San Francisco’s new Guaranteed Income Advisory Group on April 16. (Courtesy SFGOV)
City launches task force to explore Universal Basic Income programs

San Francisco on Friday launched a guaranteed income task force that could… Continue reading

Muni’s K-Ingleside line will return six months earlier than previously announced. <ins>(Kevin N. Hume/S.F. Examiner)</ins>
K-Ingleside train to return on May 15

Announcement comes on the heels of pressure from Supervisor Myrna Melgar

Demonstrators march from Mission High School towards the San Francisco Police station on Valencia Street. (Jordi Molina/ Special to the S.F. Examiner)
Vigil, march honors those killed by police

Deaths of Daunte Wright, Roger Allen and others prompt renewed calls for defunding

A Recology employee stands at the comapany’s recycling facility on Pier 96 in 2016. (Jessica Christian/2016 S.F. Examiner)
Nuru scandal: Feds charge second former Recology executive with bribery

A second former Recology executive is facing charges for allegedly bribing ex-Public… Continue reading

Skier Andy Padlo crosses a frozen Spicer Reservoir. (Courtesy photo)
Stormy weather tests skiers’ mettle on Dardanelle traverse

Overcoming challenges makes outings more rewarding

Most Read