International Economic Connections

As the premier global center for technology and service innovation and a major center of higher education, the Bay Area powerfully shapes and is shaped by the global economy. The Institute continually investigates how the Bay Area serves as an important business and cultural hub by being globally connected through foreign direct investment, links to other technology regions, large numbers of foreign students at its universities, and a globally diverse population. The level of connection between the Bay Area and China is unique in its depth and breadth, and China’s technological capacity in the coming years will profoundly impact not only competition and market opportunities in China, but global competition as well. The Bay Area’s Economic ties to Europe date back to California’s Gold Rush, and Europe continues to be an essential partner in shaping the region’s economic future. Cross investment with Europe is larger than with any other global region.

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Report

Silicon Valley Bridges to Japan

This analysis builds on discussions at a February 20, 2020 conference at Stanford University, “Japan and the Bay Area: Developing Entrepreneurial Business Partnerships in the New Japan,” organized by the Bay Area Council Economic Institute and Stanford’s US-Asia Technology Management Center.
Insights

A Joint Declaration on the Importance of Collaboration, Open Trade, and Innovation in Tackling COVID-19

The Global Trade and Innovation Policy Alliance (GTIPA), a body of leading trade, economic and innovation think tanks around the world that work together to support growth through innovation and open market policies issued a …

Report

Singapore and the Bay Area

Singapore is ranked by the World Economic Forum’s 2019 Global Competitiveness Report as the world’s most competitive economy. For decades it has served as an Asia-Pacific headquarters for US and other multinationals, a role that is expanding with its growing focus on innovation and with strong economic growth in neighboring Southeast Asia. The dynamism of Southeast Asia’s other leading economies—Indonesia, the Philippines, Malaysia, Thailand and Vietnam—parallels Singapore’s, with accelerating digitalization, expanding internet economies, nascent startup ecosystems, successful unicorns, and growing venture investment. Including Singapore, the region offers a distinct and growing market and platform for doing business in Asia. This report assesses Singapore’s economic strategies, its environment for innovation, the Bay Area’s footprint in Singapore, Singapore’s footprint in the Bay Area, economic trends in Southeast Asia, and the trade and investment opportunities these developments represent.
Report

Japan in the Bay Area

The opportunities that Japan presents for the Bay Area are unique. While Japan continues to face challenges, the wealth and scale of its economy, its advanced research and technological capacity, and its proven capacity to innovate point to strong potential for alignment. Japan is also emerging as a laboratory for how to technologically address the challenges of an aging society and a shrinking workforce. This report examines the key points of alignment between the economies of the Bay Area and Japan and the scope for potential cooperation.
Report

Reconsidering US-China Economic Relations

The current complex of issues in US-China economic relations falls into three major categories: trade, investment, and student and scientific exchanges. This brief analyzes each from the standpoint of current laws and policies, their impacts, and their possible resolution.
Report

The Bay Area-Silicon Valley and India

India and the United States are poised at the threshold of a closer, more productive relationship than at any point in the recent past. India's economy has advanced and is now the world's sixth largest. New areas of partnership between India and the US—and particularly India and the Bay Area-Silicon Valley— are emerging as India's economy is rapidly digitizing. The Bay Area is a major economic partner for India, and opportunities are growing.
Insights

SF Chronicle Open Forum: U.S.-China trade standoff risks resulting in a costly new normal

Sean Randolph, Senior Director of The Bay Area Council Economic Institute, recently published an op-ed in the San Francisco Chronicle outlining how the U.S.-China trade standoff has reached its current point, why a resolution has …

Report

Hemispheric Partners

This report provides a snapshot of the Canadian economy and outlines the broad alignment of shared interests and values between Canada and the US, California, and the Bay Area.
Insights

The consequences of ‘America First’ — a poorer, less secure U.S.

Sean Randolph, Senior Director of The Bay Area Council Economic Institute, recently published an op-ed in the San Francisco Chronicle outlining the dangers America will face moving forward if it continues to alienate its global …

Report

Chinese Innovation

This report was developed to shed light on a topic that will increasingly impact the US and world economies in the years to come: Is China innovative? Many continue to believe that China is adept at copying foreign technologies, but is not yet a technology and innovation leader. We found that this is an outdated perspective and that the course taken by China’s technological capacity in the coming years will profoundly impact not only competition and market opportunities in China, but global competition as well.
Report

Nordic Dreams

This report discusses the entrepreneurial landscape of the five Nordic countries, and how and why the Nordic region has become a significant technology and innovation partner for the Bay Area and a leader in the two-way innovation process.
Report

Innovation Bridge

Europe is a major economic presence in the Bay Area, through trade, investment, and people. More than any other area of the world, it enjoys strong ties to the region through technology and innovation, and in particular through startups. This report documents the startup bridge that connects the two regions.
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