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Past Event

A Metropolitan Policy Program Event

Export Nation: U.S. Metros and National Export Growth

Cities, Trade, U.S. Economy

Event Summary

As job growth continues to lag behind the economic recovery, new policies should emphasize innovative directions to rebalance the U.S. economy away from excessive consumption and toward exports, innovation and production.

Event Information

When

Tuesday, July 27, 2010
9:30 AM to 12:00 PM

Where

Falk Auditorium
The Brookings Institution
1775 Massachusetts Ave., NW
Washington, DC
Map

Contact: Brookings Office of Communications

Email: events@brookings.edu

Phone: 202.797.6105

On Tuesday, July 27, the Metropolitan Policy Program at Brookings unveiled “Export Nation: How U.S. Metros Lead National Export Growth and Boost Competitiveness.” This report demonstrates the key role exports can play in stimulating and rebalancing our national economy through our 100 largest metropolitan areas, and concludes with a list of broad policy recommendations for increasing U.S. exports. What do our nation’s metros sell abroad and what are some of our critical exporting firms? What countries do our metro regions trade with? How many jobs in each metro area are in export-related industries?

Bruce Katz, vice president and director of the Metropolitan Policy Program, opened the session with James Rubin of BC Partners. Chrystia Freeland, global editor-at-large for Reuters, moderated a panel discussion focused on strategies that businesses, as well as federal and local governments, should employ to advance a national export initiative.

Watch Bruce Katz's complete presentation »

Transcript

BRUCE KATZ: The great recession forces us to think differently about the shape of the economy and to purposefully lay the foundation for a radically different kind of growth. We need to get about the business of restructuring our economy towards exports and low carbon, in favor of innovation, fueled by education and skills, so that we can complete globally and put the United States back on the path to prosperity. This path runs directly through our metropolitan areas.

If the U.S. is to become an export nation, major metros will be the vanguard of national export growth. They are the places that concentrate the firms, the entrepreneurs, and the workers at the cutting edge of innovation. They are the places that have the infrastructure to connect to growing markets abroad. They are the places that have the talent and the energy to push our economy forward to a prosperity that is real and sustainable. In a global economy, exports begin at home. The major metros that are on the frontlines of global exchange. We are a metro nation, and if we finally start to act like one, we can become a powerful export nation.

Participants

Welcome

James Rubin

Senior Partner, BC Partners

Remarks

Bruce Katz

Vice President and Director, Metropolitan Policy Program

Panel One

Fred P. Hochberg

Chairman
Export-Import Bank of the United States

Francisco Sánchez

Undersecretary, Commerce for International Trade
Department of Commerce

Moderator: Chrystia Freeland

Global Editor-at-Large
Reuters

Panel Two

Bryan Ashley

Chief Marketing Officer
Suniva, Inc.

J. Bradford Jensen

Senior Fellow, Peterson Institute for International Economics
McDonough School of Business, Georgetown University

Sean Randolph

President, Bay Area Council Economic Institute

The Honorable Chuck Reed

Mayor
City of San Jose

Moderator: Chrystia Freeland

Global Editor-at-Large
Reuters


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