CIAO DATE: 07/2010
April 2010
Berkeley Roundtable on the International Economy
Can Wealthy Nations Stay Rich In A Rapidly Changing Global Economy? This was the question with which we began our inquiry several years ago. The policy objective for governments is classic and enduring: sustain the growth of employment and productivity to assure expanding real incomes of the citizens. Success requires that ―under free and fair market conditions, the community (firms and populace) can produce goods and services that meet the test of international markets while simultaneously expanding the real income of its citizens.‖i But the strategies required to achieve the goals and the debates about those strategies have evolved in two different directions, seemingly proposing alternate and contradictory priorities on governments.
Resource link: The State in A Double Bind: Staying Wealthy in a Changing Global Economy [PDF] - 681K