CIAO DATE: 08/2014
January 2014
The Atlantic Council’s Transatlantic Relations Program’s new report, Companions in Competitiveness: How France and the United States Can Help Each Other Succeed in the Twenty-first Century, examines the factors needed for the two allies to thrive the globalized world of the twenty-first century and prospects for cooperation to seize emerging opportunities.
Although the United States and France currently rank among the most competitive countries in the world, both have seen their position decline in recent years. Preventing a further decrease in competitiveness during this period of global economic stagnancy will be a central challenge, one that can be tackled more successfully if both countries learn from each other. The report finds that France and the United States present exceptionally complementary competitiveness profiles. Based on the rankings of the World Economic Forum Global Competitiveness Report, France outclasses the United States on the “fundamental factors” required to achieve and sustain competitiveness, including healthcare, primary education, the functioning of institutions, and the quality of infrastructure. The United States surpasses France on the “dynamic factors” that support competitive performance, including labor and goods market efficiency, financial market development, technological readiness, and innovation.
Resource link: Companions in Competitiveness: How France and the United States Can Help Each Other Succeed in the Twenty-first Century [PDF] - 2.4M