Economic Growth Program
 

Smart Globalization Initiative

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Or visit our online journal and blog, New American Contract.

About this Initiative

The Smart Globalization Initiative will inform the way American policy-makers approach global economic integration and the American economy. Its overriding goal is to make globalization work better for the economy by advancing a competitiveness and economic growth agenda that seeks to rebuild America's productive middle-class and rebalance the global economy.

The Initiative will put forward policy proposals for advancing the competitiveness of American-based businesses, for preventing the unfair trade and industrial practices of neo-mercantilist economies, and for putting the U.S and emerging economies on the path to mutually reinforcing productivity revolutions and mutually rising living standards.

Policy Papers

POLICY ROUNDTABLE: The Challenge of Job Creation

What the Government Can Do to Better Promote Job Creation by Timothy J. Bartik Jobs: What Can We Do? by James K. Galbraith The Time Has Come for Direct Job Creation by L. Randall Wray
October 18, 2009

Japan Rethinks Reform

"The Koizumi reforms" was one of the portmanteau concepts most commonly bandied about in Japanese political debates in the summer of 2009 as the parties geared up for the August election. Japan had in fact embarked on its neo-liberal agenda of deregulation and privatization well before the charismatic Mr. Koizumi laconically offered his "no gain without pain" recipes, but it was pushed with most enthusiasm during his premiership from 2001 to 2006.

August 25, 2009

America’s Exhausted Paradigm: Macroeconomic Causes of the Financial Crisis and Great Recession

July 22, 2009

The Pitfalls of Manufacturing a Market

Despite its aim, the European Trading Scheme (ETS) for carbon is widely regarded as an inefficient market. The initial design of the scheme has caused trading reactions that do not follow the pricing patterns of other, more efficient commodities.

Within ETS, it isn’t carbon’s price volatility that makes its market seem uncharacteristic of other commodities markets; commodity markets are often characterized by volatility. Instead, it is the fact that carbon’s price drivers are not so easily pinpointed and, therefore, its… more

Emily Gallagher | July 13, 2009

Manufacturing and the U.S. Economy

Click here to download the full report.  

Samuel Sherraden, Sherle R. Schwenninger | July 13, 2009

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Events

Manufacturing a Better Future for America

In the aftermath of the bubble economy, America needs to shift resources from the debt-inflated finance and housing sectors to the productive economy.  As part of this long-term strategy, how do we revitalize manufacturing? Join the editor and several contributors to a new study, Manufacturing a Better Future for America, published by the Alliance for American Manufacturing, to discuss ways to rebuild the foundation of the American economy by means of innovation, industrial policies and trade reform.  more
07/28/2009 - 12:15pm
07/28/2009 - 1:45pm

Does America Need Manufacturing?

Can the United States prosper and participate successfully in international trade with an economy based mainly on services and without manufacturing?

Ralph Gomory, one of America's leading economic thinkers, challenges the conventional wisdom about the post-industrial economy. Boldly clarifying classic economic analysis, Gomory explains why manufacturing continues to be essential to our prosperity.

Please join us for a provocative discussion on the future of the American economy.

07/16/2009 - 12:15pm
07/16/2009 - 1:45pm

The Jobless Recovery

06/24/2009 - 1:00pm
06/24/2009 - 2:15pm

Beyond the Free Trade Agreement Impasse

Please join Lori Wallach and Todd Tucker in a discussion of their book The Rise and Fall of Fast Track Trade Authority.

The digital version of the book is available at www.FastTrackHistory.org.

05/07/2009 - 12:15pm
05/07/2009 - 1:45pm

Unfit to Survive

Wall Street's and Washington's largest financial institutions are fighting for survival. The environment grows more hostile every day. Only those that evolve will prevail.

Leo Tilman, author of "Financial Darwinism", president of strategic advisory firm L.M. Tilman & Co. and former Chief Institutional Strategist at Bear Stearns, discusses the origins of the financial crisis and how to radically redesign the financial system to make it fit to survive.

12/17/2008 - 12:15pm
12/17/2008 - 1:45pm

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Initiative Leadership

Leo Hindery, Managing Director of InterMedia and an economic advisor to Obama for President, will chair the Advisory Council for the Smart Globalization Initiative. To see Leo Hindery's Statement on Smart Globalization, click here.

The Initiative will be co-directed by Steve Clemons and Sherle Schwenninger of the New America Foundation.

 
The New America Foundation, 1630 Connecticut Avenue, N.W., 7th Floor, Washington, DC 20009
http://www.newamerica.net

New America content carries a Creative Commons license, which permits non-commercial re-use when proper attribution is provided. For additional information, please visit http://www.newamerica.net/about/copyright

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