The Robert Mondavi Institute - Center for Wine Economics will sponsor a symposium from 4:30 p.m. to 6 p.m. on Oct. 14. It will feature a roundtable discussion of boom and bust cycles and emerging opportunities in the world wine industry, focusing on the roles of evolving markets, resource constraints, and technologies.

The symposium will begin with a keynote presentation by Peter Hayes, a leading figure in the Australian wine industry with broad experience at the senior level in viticulture, management of issues, and management of R&D, and a graduate from the UCD Department of Viticulture & Enology. Hayes will draw upon his experiences in international wine industry affairs, wine company operations and R&D investment/management to address global wine trends, the structure and delivery of industry-wide funding and investment in R&D for wine and irrigation-based industries and potential for new priorities and directions for development.

Agricultural and Resource Economics Professors Dan Sumner and Richard Howitt will open the discussion with brief forward-looking presentations about markets and resource constraints, to be followed by a roundtable discussion involving all participants.

The symposium presentations will be followed by a hosted reception.

Some background information can be drawn from the recent special issue of ARE Update “The World of Wine: Economic Issues and Outlook" http://www.agecon.ucdavis.edu/extension/update/issues/v13n6.pdf

Registration is free but space will be limited. Please register by sending an e-mail to Jonathan Barker at jbarker@ucdavis.edu.

More event information is at http://aic.ucdavis.edu/boomandbust.