09/10/2018 | Press release | Distributed by Public on 09/10/2018 17:04
September 10, 2018
The council was established in 1984 by then-Gov. John Spellman to advise the governor on local and state economic conditions as well as national developments that affect state policies, and has been continued by subsequent Washington governors. Its members also advise the governor on cash management and issuing and managing debt.
'Our main job is to meet with the governor and share our thoughts on whatever questions he would like advice,' Marlowe said. 'Most of the conversation happens in the context of the state budget, and in particular the state budget forecast.'
The appointment dovetails with his own research and teaching in public financial management and public-private partnerships, which will continue.
'In fact the council routinely discusses many of the topics that are central to my research agenda,' he said, 'such as state and local government infrastructure investment, bond market conditions, and other contemporary trends in public finance.'
Marlowe is the Evans School's Endowed Professor of Public Finance and Civic Engagement, and serves also as the school's associate dean for academic affairs. He is the author of more than 50 articles on issues of public finance, including state and local taxes, public pension liabilities, government accounting, public-private partnerships and more.
Marlowe wrote three volumes of a Guide to Financial Literacy for Governing Magazine, designed for newly elected or appointed public officials who may arrive in office knowing little or nothing about public finance. He is also editor-in-chief of the journal Public Budgeting & Finance.
The Governor's Council of Economic Advisors currently has 11 members. Its members' terms are at the discretion of the governor. Marlowe's appointment was effective on Aug. 23 and is of indefinite length.
UW economics professor emeritus Neil Bruce has been on the council since 2011, and ends his term this year. Before him, UW economics professor emeritus Shelly Lundberg, now at the University of California, Santa Barbara, served on the council before Bruce.
For more information, contact Marlowe at 206-221-4161 or [email protected].Tag(s): Council of Economic Advisors • Evans School of Public Policy & Governance • Justin Marlowe • Neil Bruce