Industrial Policy

Primary Sources

The President's Council of Advisors on Science and Technology adopted the recommendations of the Advanced Manufacturing Partnership (AMP) Steering Committee in July 2012. This report builds on the 2011 AMP report, Ensuring American Leadership in Advanced Manufacturing.

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Other Report
Renewing America

Renewing America

After Manufacturing

Author: Roland Stephen

North Carolina, which was struck harder by the loss of manufacturing than any other state, offers a realistic guide for communities across the United States with how best to adapt to this new era of growing international competition.

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Op-Ed

Selling the Wrong Idea

Authors: Jagdish N. Bhagwati and Rajeev Kohli
The Times of India

Jagdish Bhagwati and Rajeev Kohli make the case for proposed reforms to India's retail sector that would allow the entry of retail giants like Wal-Mart, Tesco, and Carrefour.

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Must Read

FT: US: Obstacles to Progress

Author: Anna Fifield

As Barack Obama's push for a growth-boosting infrastructure boom becomes bogged down in political divisions over federal spending, a stalling recovery makes action increasingly urgent, writes Anna Fifield in the Financial Times.

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Other Report Authors: A. Michael Spence and Sandile Hlatshwayo

Many low-paying jobs have moved from the United States to rapidly growing markets abroad, and higher-paying jobs may soon follow. While Americans benefit from cheaper goods, employment opportunities have diminished. Policymakers should address this trade-off as a first step toward tackling questions of inequality and economic distribution.

See more in Labor; United States; Industrial Policy

Audio

The Role of Labor Policy (Audio)

Speakers: Price V. Fishback, Peter Temin, Richard K. Vedder, and Lee E. Ohanian
Presider: John Tamny

Listen to experts analyze the various labor policies of the Hoover and Roosevelt administrations and the effects they had on the Great Depression.

This session was part of the CFR-New York University Leonard N. Stern School of Business symposium: A Second Look at the Great Depression, which was made possible through the generous support of the Leonard N. Stern School of Business, New York University, and the Ewing Marion Kauffman Foundation.

See more in Industrial Policy; Financial Crises; Labor; United States

Audio

Why a Second Look Matters (Audio)

Speaker: Robert E. Lucas Jr.
Introductory Speaker: Amity Shlaes
Presider: Carl J. Schramm

Listen to Nobel Laureate Robert E. Lucas Jr. reflect on why it is important to discuss Depression era policies in light of the current financial crisis.

This session was part of the CFR-New York University Leonard N. Stern School of Business symposium: A Second Look at the Great Depression, which was made possible through the generous support of the Leonard N. Stern School of Business, New York University, and the Ewing Marion Kauffman Foundation.

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Audio

The New Financial Deal (Audio)

Speakers: Thomas F. Cooley, John H. Cochrane, Charles Geisst, and Ingo Walter
Presider: Chrystia Freeland

Listen to experts evaluate the role of institutional and regulatory reform during the Great Depression and current options for the Obama administration.

This session was part of the CFR-New York University Leonard N. Stern School of Business symposium: A Second Look at the Great Depression, which was made possible through the generous support of the Leonard N. Stern School of Business, New York University, and the Ewing Marion Kauffman Foundation.

See more in Industrial Policy; Financial Crises; United States