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Manufacturing is still critical to the economy United States. Clyde Prestowitz, says it's time to start realizing the positive spillovers that manufacturing creates... Read more  

Events & Activities

Stephen Olson at Chinese Development Institute Conference

 

 Clyde Prestowitz giving presentation to CDI...

 

Steve Olson teaching trade negotiations at the Mekong Institute...

 

Stephen Olson to speak at upcoming workshop organized by the International Institute for Trade and Development on 

"Economics of GMS Agricultural trade in goods and services towards the world market"

Chiangmai, Thailand Sep 8-12.

(7/10/11) Discussion of American Empire in the Ottawa Citizen

An empire on the verge, again

Americans may have celebrated July 4th with the usual hotdogs and fireworks, but Uncle Sam was a sick old man on his 235th birthday. Deficits and debt. A moribund economy. Appalling unemployment. Crumbling infrastructure. Endless foreign wars. We all know the litany of ills. It's long and grim and the question for most observers is not whether Uncle Sam will continue to decline, but how far, and how fast.

The more excitable sorts, like the journalist Chris Hedges, foresee the end. Or rather, The End. "We stand on the cusp of one of the bleakest periods in human history," Hedges wrote, "when the bright lights of a civilization blink out and we will descend for decades, if not centuries, into barbarity." But even the sane are glum. "These trends will see a continued erosion of America's ability to provide a good, middle class standard of living at home and to extend security abroad," wrote policy analyst Clyde Prestowitz in Foreign Policy. "The really smart people have already put their money in gold bars and moved to New Zealand."

Somewhat less dramatically, but no less certainly, Margaret Wente of the Globe and Mail compared Canada and the United States. "It seems to me our problems can be solved," Wente concluded, "and theirs can't."

Click here to read the entire article at the Ottawa Citizen.

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Latest Publications


The Betrayal of American Prosperity.


The Trans-Paific Partnership and Japan.


Making the Mexian Miracle.


Industrial Policy and Rebalancing in the US and China.


The Evolving Role of China in International Institutions.

 

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