JULY 2005--Watch the archived webcast of Winning the Oil Endgame
The Trans - Atlantic South Partnership: Positions on Building a Mutually Beneficial Partnership with Africa
It is very simple. Until the U.S. is as optimally invested, or doing business as briskly as the Chinese, the EU, Indians, Brazilians or Vietnamese; the world’s largest economy can neither expand its commercial footprint in Africa nor make a portentous impact on the lives of over a billion Africans.
The second volume notes that several countries are, in fact, working to change their comparative advantage by making investments in education, research and development, and infrastructure. They are also adopting policies that create an environment that encourages private sector investment and risk taking. In discussing how the United States should respond to the shifting comparative advantage of our trading partners, Senators Lamar Alexander and Jeff Bingaman stress the importance of increased investments in the physical sciences and the need to improve mathematics and science education. Other conference participants focus on policies in key regions of the world and still others urge attention to the U.S. current account and fiscal deficits. The conference on new thinking in international trade was made possible through a generous grant of the Alfred P. Sloan Foundation.