- Author: Brenda Dawson
Forest restoration would be one way to improve our economy, writes researcher Tong Wu of the Center for Forestry and UC Berkeley on CNN's Global Public Square news website. He states that human interference has "made many ecosystems unnaturally susceptible to catastrophic wildfires" and that global warming will exacerbate the problem.
"In economic analyses of environmental management projects across the western United States, ecological restoration produced multiplier effects (the economic 'bang for the buck' of every dollar spent) that...
- Author: Jeannette E. Warnert
Pending federal legislation that would require employers to check worker eligibility using an system called E-Verify is divisive and unrealistic, writes attorney Dirk Stemermen in his Monterey Herald column "On the Job."
"Nothing turns conservative 'growers' into immigrant-rights advocates quicker than obligatory E-Verify use," Stemermen said.
E-Verify, which checks information from an employee's I-9 Employment Eligibility Verification Form against government records to determine U.S. employment eligibility, is already in use in Arizona,...
/span>- Author: Jeannette E. Warnert
California farmers will have to pay millions of dollars to Mexican authorities to export their products to the neighboring country if a trucking dispute is not resolved before summer, according to an article in La Opinión. Mexico plans to impose the new tariff in retaliation for the cancellation of a U.S. pilot program that permitted Mexican trucks to transport goods on U.S. highways.
The Border Trade Alliance reported this week that California agriculture will be the second most impacted economic sector if the two countries do not reach an agreement in relation to the free passage of Mexican trucks in U.S. territory, the...
- Author: Jeannette E. Warnert
Cattle ranchers are enjoying an economic boon, reported Reed Fujii of the Stockton Record. In March, beef cattle were being sold at an all-time high of $1.16 a pound, a jump of more than 40 percent in less than two years.
"Prices are good. They've never been this good before," the story quoted Galt rancher Duane Martin Jr.
Dan Sumner, director of the UC Agricultural Issues Center, told Fujii the primary driver of the price hike is short beef supply.
"One of the things that happened a few years ago: We had...
- Author: Jeannette E. Warnert
UC Berkeley economics professor Barry Eichengren supplied three reasons in a Business Insider blog why he believes a slowdown in the growth of the Chinese economy is on the horizon.
For one, slowdowns are more likely in countries where the manufacturing sector’s share of employment exceeds 20 percent, since it then becomes necessary to shift workers into services, where productivity growth is slower, Eichengren said.
Further, slowdowns come earlier in economies with undervalued currencies. Currency undervaluation, he said, may boost economic growth in the...