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Brookings Institute – Top 10 Global Economic Challenges
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02-25-2007, 08:58 PM
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AAAESLLESO
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III. Global Competition: Trade with China and labor trade in India must be given importance. To address globalization, they recommend the following:
A. Rather than pursue liberal trade policies, the US should focus on establishing a competitive advantage through high value-added, innovation-intensive industries and empower citizens through training and incentives in taking on high-skill jobs.
B. Provide social insurance to support mobility.
C. Negotiate and enforce favorable trade rules (i.e. Intellectual property theft in China and China’s subsidization of their exports).
D. Do no harm with respect to inequitable taxes. Inequitable taxes like perhaps.... the air tax it proposed in the first place?
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