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The Alaska Economy: A Snapshot

The Alaska Economy: A Snapshot. July 7, 2003 Midnite Sun Institute Anchorage Scott Goldsmith Professor of Economics Institute of Social and Economic Research University of Alaska Anchorage. Alaska Economics: The 4 Sectors. Alaska Economics: The Traditional Resource Sector.

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The Alaska Economy: A Snapshot

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  1. The Alaska Economy:A Snapshot July 7, 2003 Midnite Sun Institute Anchorage Scott Goldsmith Professor of Economics Institute of Social and Economic Research University of Alaska Anchorage

  2. Alaska Economics:The 4 Sectors

  3. Alaska Economics:The Traditional Resource Sector

  4. Alaska Economics:The Traditional Resource Sector

  5. Alaska Economics:The New Resource Sector

  6. Alaska Economics: A Tourist’s Dream Photo Op

  7. Alaska Economics: The Federal Sector

  8. FEDERAL AID PER CAPITA: HIGHEST STATES IN 99

  9. Alaska Economics: The Oil and Gas Sector

  10. Oil: The Invisible Growth Engine

  11. The Market Value of Alaska’s Natural Resources

  12. Alaska State Finances:PC State and Local Govt Spending Highest in the Nation

  13. Some BIG Numbers • $246 Billion--The Market Value of NS Oil Production 1978-2000 • $55 Billion—Alaska State Revenues from NS Oil Production 1978-2000

  14. Changing Composition of Jobs

  15. Natural Resource Job Growth

  16. Per Capita Income: The Long Cycle

  17. The 3 Alaskas Jobs Pie

  18. The Larger Rural Alaska Villages

  19. Employment Growth Rate is Slowing

  20. Basic Sectors with Growth Potential • Petroleum • Tourism • Mining • International Air Cargo • Footloose Services • Military

  21. Alaska State Finances:Draws from the CBR Balance the Budget--Temporarily

  22. Sustainable Economic Engine?

  23. The Post-Prudhoe BluesMarket Value of Oil (and other resources)

  24. Alaska State Finances:Permanent Fund Growth has Offset Declining Oil

  25. The Alaska Permanent Fund • Convert Depleting Asset into a Sustainable Asset • Keep the Economy from Overheating • Keep $$$ Away from the Politicians

  26. The Permanent Fund’s Solution The Permanent Fund Dividend

  27. The Alaska Economy:A Snapshot July 7, 2003 Midnite Sun Institute Anchorage Scott Goldsmith Professor of Economics Institute of Social and Economic Research University of Alaska Anchorage

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