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Perspective

Sep. 21, 2013

Acheiving California's potential as an international arbitration center

California generated almost $2 trillion in economic output in 2011 - as much as New York and Florida combined. Yet our cities are less popular sites for international arbitration than New York City or Miami.


By Cedric C. Chao and Steven L. Smith


California is an ideal venue for international arbitration. With nearly 40 million residents and 53 Fortune 500 companies, California generated almost $2 trillion in economic output in 2011 - as much as New York and Florida combined - making it the world's 9th largest economy. Northern California is the world's leading incubator of high technology innovation. Los Angeles, in turn, is the global center of the entertain...

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