Competitiveness

Innovation, including the diffusion of information technology throughout the economy, is key to boosting productivity, which in turn is at the heart of increasing living standards.

Since 1996, productivity growth in the European Union has been 33% lower than the United States.

European growth lags U.S. growth, both before and after the Great Recession. Since 1996, productivity growth in the European Union has been 33% lower than the United States according to a recent survey by The Conference Board . A key reason is lower productivity and a key reason for that is lower use of information and communications technologies by companies. Read more »

What's Behind Brazil's Demonstrations? Poor Economic Policy.

July 1, 2013
| Blogs & Op-eds

Recent demonstrations in Brazil were sparked by specific grievances against the government. But the underlying frustrations stems from failed economic policies that have slowed productivity growth and hurt entrepreneurialism.

 

Photo: Nuno Cardoso

Time for Secretary Kerry to Get Tough with India

June 27, 2013
| Blogs & Op-eds

Secretary of State John Kerry was in India this week for the fourth U.S.-India Strategic Dialogue. Secretary Kerry's mission is designed to enhance what has been a traditionally strong trade and diplomatic relationship between the two countries. Unfortunately, storm clouds loom on the horizon that need to be addressed to ensure that this relationship remains effective and in the best interest of both countries.

The Importance of IPR in the New Silk Road Initiative

June 25, 2013
| Blogs & Op-eds

Two years after its inception, the New Silk Road Initiative has brought much success to South-Central Asia. But in order for growth to continue in the region, investors need to start feeling more secure about their intellectual property rights.

America: The Next Woolworth's?

June 24, 2013
| Blogs & Op-eds

The global competitiveness situation the United States finds itself in today unfortunately is very similar to claims made by Woolworth's executives in the 1960s. They, too, fatally believed that there was no need to worry about emerging competition, in their case, from Kmart and other rival stores, because Woolworths had always been number one so why worry. If the U.S. follows the same path in underestimating our competitors we could “go out of business” the same way Woolworths did.

Brazil in the Global Innovation System

June 21, 2013
| Presentations

Robert Atkinson addresses where Brazil is in regard to innovation and innovation policy as well as implications for policymakers. Policymakers are reminded that innovation and productivity are the key to growth and the right innovation policy drives growth.

EU and U.S. Leaders Push Transatlantic Trade at the G8 Summit

June 18, 2013
| Blogs & Op-eds

The first round of negotiations for the T-TIP, which has the potential to be the biggest bilateral trade deal in history, will take place during the week of July 8 in Washington, D.C. EU and US leaders promise a significant boost to worldwide economic growth from the agreement.

Singapore Looks to a National Productivity Strategy to Maintain Growth

June 17, 2013
| Blogs & Op-eds

Singapore has a remarkable history of economic growth, proving doubters wrong. Currently they are pursuing a range of deliberate policies to help private industry increase productivity and keep the small nation competitive and growing.