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I'd also like to point out that our alumni and our students are occupying Wall Street in a productive way, through employment.

NYS helped and hurt by globalization

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A new SUNY report called "New York in the World" asserts that no other state in the nation has seen more benefits -- or suffered more harm -- from globalization. On Friday, the state university hosted the first of six public forums about the issue.

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Not surprisingly, the report found that while upstate regions have lost half of their manufacturing workforce in the globalization era, New York City has reaped substantial rewards.

That's why SUNY held a panel discussion about how the state can stay competitive, at its Rockefeller Institute of Government in Albany.

People from business and academia highlighted the need for the state to promote entrepreneurship, invest in education, and improve the business climate.

Donald Siegel is the dean of the business school at the U-Albany. He was quick to defend the economic importance of New York City's big investment firms.

They've recently taken a public beating from the Occupy Wall Street movement, but, he said, "I'd also like to point out that our alumni and our students are occupying Wall Street in a productive way, through employment."

In the next few months, SUNY plans to hold five more public forums, in New York City, Buffalo, Rochester, and Syracuse.

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