April 30, 1996 Contact: Jennifer McNulty (408) 459-2495; mcnulty@ua.ucsc.edu

FUTURE OF THE REGIONAL ECONOMY WILL BE THE TOPIC OF FORUM MAY 15

FOR IMMEDIATE RELEASE

SANTA CRUZ, CA--The future of the Monterey Bay economy will be the focus of a public forum on Wednesday, May 15, from 8 a.m. until noon. The event will bring together academic and corporate leaders to discuss the region's economy and its evolving competitive advantage.

"Monterey Bay Region: Innovation, Connection, and Growth" will feature a keynote presentation by Lora Lee Martin, director of regional economic development at the University of California, Santa Cruz, and Gary Griggs, director of the Institute of Marine Sciences.

"The Monterey Bay region has a tremendous concentration of teaching and research talent lining the bay," says Martin. "As we move to a knowledge-based economy, this talent will help to competitively position the region for the coming decades."

A panel discussion will follow with Mike Chihak, president of the Monterey Business Council; Michael Dooley, professor of economics at UCSC; Jim Gollub, principal of IDeA; Paul Lubeck, professor of sociology at UCSC; Robert Shepherd, certified public accountant; and moderator Donald Wittman, professor of economics and chair of the Economics Board at UCSC. A roundtable discussion with the audience will follow.

The forum will be held at the Aptos Seascape Golf Course at 610 Clubhouse Drive. Registration is $15 per person, including breakfast. For registration information, call 425-7478.

The forum is sponsored by Democratic Management Services Research and Consulting, Futures Network, Monterey Peninsula Chamber of Commerce, Pajaro Valley Chamber of Commerce, Salinas Chamber of Commerce, Santa Cruz Area Chamber of Commerce, Santa Cruz Technology Alliance, and UC Santa Cruz. The forum is the first event presented by the economics Advisory Board at UCSC. Established in 1995, the Advisory Board is made up of economics faculty and business representatives from the community who are interested in economics. Community members include representatives from Raytek, Smith Barney, Inc., Dean Witter Reynolds, Inc., and Democratic Management Services Research and Consulting.

This release is also available on the World Wide Web at UCSC's "Services for Journalists" site (http://www.ucsc.edu/news/journalist.html) or via modem from UC NewsWire (209-244-6971).

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