Emerging Issues in Economic Diplomacy

Résumé du livre

For the next Administration, developing a clear strategy for maintaining and projecting American economic power will be critical. At the Belfer Center's Economic Diplomacy Initiative, we define three key objectives for a U.S. economic diplomacy strategy. Against each of these objectives, we have identified a range of pressing issues that the next Administration must address. The objectives and associated issues are: 1. Promoting U.S. competitiveness in critical economic sectors, including protecting America's leadership in AI, building U.S. competitiveness in 5G, evaluating the track record of the Committee of Foreign Investment in the U.S. (CFIUS), and defining federal data privacy regulation. 2. Setting a clear vision for the international economic order, including maintaining the dominance of the U.S. dollar as the global reserve currency, updating the governance of multilateral institutions like the World Trade Organization (WTO), and countering China's economic diplomacy strategies in the Indo-Pacific. 3. Demonstrating American leadership in addressing transnational challenges, including deploying economic aid to address the migration challenge and developing a global health security strategy.