Issue: Global Economy
The world economy is becoming increasingly integrated, presenting both widespread opportunities and substantial risks. To meet the challenges presented by globalization, America must not only embrace the promise of international competition, but also find new ways to secure a more equitable distribution of the benefits and costs of open trade and to provide greater security to U.S. families struggling with the increased risk and uncertainty associated with a global economy.
Events
New Approaches to Policy: Hamilton Project Strategy Paper
Growth, Opportunity, and Prosperity in a Globalizing Economy by Michael Deich and Peter R. Orszag
International trade presents our nation with a complex and growing challenge. On the one hand, the global system of open trade has brought substantial and widespread benefits to the U.S. economy. On the other hand, trade has led to dislocation in certain industries and has introduced new risks and uncertainties into the lives of many American workers. Achieving an equitable distribution of the benefits and costs of trade will require strong, effective government policies.
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