A New Emerging U.S. Trade and Technology Policy?

Robert D. Atkinson
Additional contact information
Robert D. Atkinson: Information Technology and Innovation Foundation

No 22/11, Research Papers from Korea Institute for Industrial Economics and Trade

Abstract: Since the end of WWII, the United States was the leading force globally for free trade. Since the early 1980s, it was also the leading force for laissezfaire economics, promoting the “Washington Consensus” of limited government and free markets, both at home and abroad. That era has ended. The United States now sees itself as in intense competition for high valueadded production with other nations, especially China. And many in both parties now see some kind of national competitiveness strategy, including policies to support advanced industries, as a critical component of U.S. economic policy. This change is not temporary—the result of a particular president in the White House—rather, it is long-term and structural. As such, other nations will need to recalibrate their thinking about U.S. trade and economic policy.

Keywords: U.S. Economic Policy; Washington Consensus; Free markets; Free trade (search for similar items in EconPapers)
JEL-codes: F13 O24 O25 (search for similar items in EconPapers)
Pages: 12 pages
Date: 2022-06-27
New Economics Papers: this item is included in nep-his, nep-ict and nep-int
References: Add references at CitEc
Citations:

Downloads: (external link)
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4315599 Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:kietrp:2022_011

Access Statistics for this paper

More papers in Research Papers from Korea Institute for Industrial Economics and Trade Sejong National Research Complex, Korea Institute for Industrial Economics and Trade, 370 Sicheong Dae-ro C-dong 8-12F 30147, Republic of Korea. Contact information at EDIRC.
Bibliographic data for series maintained by Aaron Crossen (aaron@kiet.re.kr).