Creating Jobs and Addressing Budget Cuts

E-Newsletter #64/February 3, 2011

Economist Zachary Karabell will discuss job creation in the U.S. during the CSG 2011 Growth & Prosperity Summit March 27.

As president of River Twice Research, where he analyzes economic and political trends, Karabell challenges common assumptions ranging from global economics to environmental sustainability. With a prolific, award-winning writing career, an illustrious background on Wall Street and a doctorate from Harvard, Karabell brings a unique perspective to the discussion of globalization, the domestic and world economy, the greening of business and the shape of things to come.

In his latest book, Sustainable Excellence: The Future of Business in a Fast-Changing World, Karabell uses his economic insight and experience working with Global 1000 companies to accurately and profoundly explore how today’s business landscape is changing in fundamental ways. By examining the stories of the companies who are transforming themselves by responding to these changes, Coca-Cola, Best Buy and Nike, to name a few, Sustainable Excellence makes the case for a different way of doing business—one that will define both business success and economic vitality in the 21st century.

In addition to his role as president of River Twice Research, he is also a senior adviser for Business for Social Responsibility, which advises Global 1000 corporations on how to integrate sustainability into their business practices. “Sustainability is the only way to growth,” says Karabell. “We have no choice but to move forward, and green growth is our gateway to innovation.”

The author of numerous books, including The Last Campaign: How Harry Truman Won the 1948 Election, which won the Chicago Tribune Heartland Award for best nonfiction book of the year, and Peace Be Upon You: The Story of Muslim, Christian and Jewish Coexistence, which examined the forgotten legacy ofpeace among the three faiths; The New York Times called it “enlightened and enlightening.”

Karabell is a regular contributor on CNBC and Fast Money, and is also a frequent commentator on NBC Nightly News, CNN, FOX News andThe History Channel. Karabell regularly writesfor such publications as The Wall Street Journal, The Los Angeles Times, The New York Times and Newsweek.

While Karabell is looking at the future of business, states are stuck very much in the here-and-now as they deal with the aftermath of the Great Recession. Current and former governors shared their insights during a panel discussion at CSG’s 2010 National Conference last December.  As we prepare for the 2011 Growth and Prosperity Summit, and as a resource to our members, including those who could not attend the National Conference, here is the original story from that session that appeared in the Dec. 6, 2010, onsite newsletter, Capitol Ideas Today.

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