A DemTech Economic Agenda: Ten Steps Towards Collective Resilience

One of my big themes this year is been the economic competition shaping up between the U.S. and China. Just in the past week, I’ve written about why this competition is necessary, and how it’s already reshaping U.S. ideas about the best way to run an economy. The next challenge, however, is to determine the actual concrete first steps that the U.S. should take in order to achieve its goals in the industrial policy race. So I asked my friends at the Special Competitive Studies Project — a think tank founded by ex-Google CEO Eric Schmidt to think about exactly these issues — to write a guest post detailing some of the tactics the U.S. should use to increase its economic independence from China over the next few years. Most of their recommendations are about friendshoring — the idea that instead of trying to be an economic island unto itself, the U.S. needs to reshape globalization around trade between countries other than China.

 
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Πηγή: noahpinion.blog