Economics and Globalization Publications
Manufacturing in the United States, Mexico, and Central America: Implications for Competitiveness and MigrationJan 01, 2013
The economies of Mexico, and to a lesser extent, Guatemala, Honduras, and El Salvador, have benefited from aggressive manufacturing-attraction strategies. At the same time, the achievements of the maquiladora development strategy have masked important flaws that threaten to stymie the promise of even greater economic growth.
The paper provides an overview of the recent literature about the impact of taxation on inequality in the region, reviewing the major conclusions of recent empirical work and comparing Latin America to other regions of the world.
The growing presence of Brazilian global companies in the United States complements traditionally strong investments by U.S. companies in Brazil. This trend has created a two-way street where common interests are more visible and both governments are pressured to recognize the benefits of working together or risk paying a political price for not doing so.
Paying For Crime: A Review of the Relationships Between Insecurity and Development in Mexico and Central AmericaDec 01, 2012
Given the consequences that insecurity and crime have for Mexico and Central America, the governments of the region must work to devise and implement policies that address the links between crime rates and development, citizens' lack of trust in institutions, and the high economic toll of insecurity overall.
Manufacturing plays a key role in the U.S. economy and will continue to do so. Looking ahead, the United States needs a manufacturing strategy that can support the emergence of advanced manufacturing processes that, in conjunction with low-cost energy, can revitalize the U.S. manufacturing sector.
The U.S. innovation system has enormous strengths, including public and private support for research and development, the world’s best university system, and an entrepreneurial risk-taking culture. But those elements of the system now face several domestic and international challenges. The United States will need to maintain support for research and development (R&D), improve its education system, and learn from best practices around the world if it is to compete in the 21st century.
The depth of economic ties with Mexico, together with declines in illegal immigration and organized crime violence in Mexico, open up an opportunity for U.S. policymakers to deepen the economic relationship with Mexico and to engage Mexico more on major global issues.
The final report of the Latino Leadership Task Force is a call to action for Washington to prioritize partners and markets in the Western Hemisphere, and to engage the Latino community as partners in the effort. The report urges Washington to enact hemispheric policy that better reflects changing demographics in the United States and the growing influence of the U.S. Latino community, which drives desperately needed job creation and growth in the United States.
Sustaining U.S.-China Cooperation in Clean Energy provides a governmental and private-sector overview of the complex dynamics of competition and cooperation behind U.S. and Chinese national efforts to develop their solar, wind, and other alternative energy industries. It assesses systemic differences in clean energy policy between the United States and China and identifies areas of congruence as well as disparity.