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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.

US Economic Policy


America's economic policy makers have some of the hardest and most important jobs in the world. The U.S. boasts the richest and most powerful economy in the world, and is the engine of economic growth across the globe. Maintaining a healthy U.S. economy therefore, is a prerequisite for improving the living standards and quality of life not only of Americans, but individuals the world over. The challenges in maintaining a healthy economy, however, are significant. Globalization brings both opportunity and change, and policy makers have to combat simultaneously unfair trade practices from abroad and rising protectionism at home to ensure that the global economy continues to run smoothly.

Seizing the Opportunity

Using International Trade Regulations to Combat Climate Change

The Economic Strategy Institute has published a new report on how to use trade measures to limit carbon emissions, combat climate change, and ensure a level playing field for international competition.

ImageFor too long, many American business and political leaders have fought a holding action against committing the United States to serious efforts to control global climate change and reducing greenhouse gas emissions. That their doubts about the veracity of climate change science and the role of human activity as the cause of climate change have now been disproved is of little comfort, because the delay in addressing this serious challenge has left the US ill-prepared to set the global agenda for regulating greenhouse gas emissions. The climate change deniers, though now cowed, have done serious damage to the long term economic and political influence of the US, as other countries have moved ahead with new policies and regulations that could set the terms of future mitigation efforts in ways that undermine US economic strength and international influence.

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World Markets in 2006: Prospects and Risks

Image This report by Dr. Robert Wescott highlights the prospects and risks for the global economy in 2006, and warns of the dangers to the U.S. economy of an overheating housing market.

 

 

 

Click Here to Download the Full Presentation in PowerPoint Format

Wescott argues that four main themes are emerging:

  1. The Withdrawal of Policy Stimulus
  2. Sustained High Energy Prices
  3. Strong Global Productivity Growth
  4. International Trade is Still Expanding, but Efforts to Further Liberalize Trade are Slowing
  5. Moreover, Dr. Wescott finds that the housing sector has been playing a disproportionate role in America's economic expansion over the past four years.Housing contributes to economic growth through three main channels: 1) residential investment spending, 2) housing wealth effects, and 3) mortgage equity withdrawal (MEW). Between 2000 and 2005Q4, nominal U.S. GDP increased from $9,817 billion to $12,766 billion, an increase of $2,949 billion. These three factors have been responsible for surprisingly large shares of this increase.
Read more ...
 

The New Internationalism - Richard Gephardt

Richard Gephardt, Democratic Leader of the House of Representatives, speaks to the Economic Strategy Institute on May 5 1998 on the New Internationlism - The Nexus Between American National Interests and Globalism.

Click Here to Download Gephardt's Remarks in PDF Format

 

Technology and Democracy

Jonathan Sallet, Chief Policy Cousel of MCI Communications, speaks to the Economic Strategy Institute on August 11, 1997 on the relationship between technological innovation and democracy.

Click Here to Download the Report in PDf Format

 

Should Our Government Control Encryption Technology?

Transcripts of a conference presented jointly by the Economic Strategy Institute and the Computer and Communication Industry Association in Washington DC, October 8, 1997.

Click Here to Download the Report in PDF Format

 

Scorecard of Airline Deregulation: 20 Years of Experimentation

Scott Gibson on the state of airline deregulation in the U.S.

The year 1998 marked the 20th anniversary of airline deregulation in the U.S. Originally viewed as a means to increase competition in an industry dominated by a handful of monolithic airlines, deregulation has spurred a rash of recent debate about whether, in fact, it has achieved just the opposite: the consolidation of the industry into a closed market. This report provides a thorough analysis of five basic areas of domestic airline competition: city pair competition, price competition, potential barriers to entry, airline financial health, and the tax burden on airlines. The report ultimately concludes that the U.S. aviation industry is substantially, and measurably, more competition now than it was 20 years ago, accruing benefits not only to the industry itself, but to the American consumer as well.

Click Here to Download the Report in PDF Format

 

The United States and the Coming Global Financial Services Market

Presentation by Representative James Leach, Chairman of the House of Representatives' Banking and Financial Services Committee, at the Economic Strategy Institute, April 21, 1998.

Click Here to Download the Presentation in PDF Format

 

A New American Trade Agenda

Prepared Remarks of Senator William V. Roth Jr. Chairman, Committee on Finance, US Senate at the Economic Strategy Institute May 5, 1998

Click here to download the speech in PDF format

 

Advancing US - East Asia Policy

Remarks by the Honorable Jeff Bingaman: Ranking Member, Strategic Forces Subcommittee, Senate Committee on Armed Services; Ranking Member, Joint Economic Committee at the Economic Strategy Institute May 6, 1998

Click here to download the document in PDF format

 

NAFTA - The Economic Consequences for Mexico and the United States

This study assesses the empirical record of changes in trade, investment and production that have occurred during the first six years of NAFTA's existence. Though NAFTA has not been an engine of net US job creation, it has created substantial export opportunities for US producers, negating predictions of wholesale relocation of production to Mexico. The changing structure of production in the US and Mexico bodes well for both countries.

Click here to download the full file in PDF format

 

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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.

 

Contact us

Economic Strategy Institute

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Ph (202) 213-7051  |  Fax (202) 965-1104  |  info@econstrat.org