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The March 1998 edition of Price of Paradise assembled three guests to consider whether the University of Hawaii could serve as a catalyst for the state's economic recovery. Stanley K. Kawaguchi, a vice president with Parsons Brinckerhoff Quade & Douglas, argued that Hawaii had not yet made a firm decision whether to compete in the global market and that the university's potential as an economic driver depended on resolving that ambiguity. C. Barry Raleigh, Dean of the School of Ocean and Earth Science and Technology, contended that competition was unavoidable and urged concentrating resources on biotechnology, particularly marine biotechnology, where Hawaii held distinctive advantages. Dean Neubauer, Professor of Political Science at the University of Hawaii, cautioned that economic development pursued without attention to quality of life could worsen income inequality, noting that state funding for higher education had been declining nationally, with peer institutions like the University of California receiving as little as 23 percent of their budgets from state government. The central question is whether the university can reposition itself as an engine of knowledge-based industry before the opportunity passes.
Transcript
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Companion newspaper commentaries
Commentaries by the guests, published in The Honolulu Advertiser around the broadcast.
