ERIC Number: ED349443
Record Type: Non-Journal
Publication Date: 1992-Mar-1
Reference Count: N/A
Building a Competitive America. First Annual Report to the President & Congress.
Competitiveness Policy Council, Washington, DC.
The United States today is becoming less competitive in the world, due in large measure to short-term thinking, perverse incentives for saving and investing, and an absence of global thinking. Six issues demand high priority in order to change this situation: saving and investment, education and training, technology, corporate governance and financial markets, health care costs, and trade policy. Specific proposals for addressing each of these issues are as follows: (1) the United States must establish a serious competitiveness strategy through both sector-specific and generic policies; and (2) the President should include a Competitiveness Impact Statement with each recommendation or report on legislation that is submitted to Congress, and these statements must be fully considered when legislation is passed. The Competitiveness Policy Council is establishing eight subcouncils on capital formation, education, training, public infrastructure, corporate governance and training; technology; corporate governance and financial markets; health care costs; and trade policy. Specificd proposals for addressing financial markets, trade policy, manufacturing, and critical technologies to focus on developing strategies in each of these areas. Leadership from all sectors of the society is essential to galvanize public support for reform. (Contains 24 figures and 22 references.) (KC)
Descriptors: Change Strategies, Competition, Economic Development, Educational Change, Free Enterprise System, Futures (of Society), Global Approach, Labor Force Development, Policy Formation, Postsecondary Education, Public Policy, Secondary Education
U.S. Government Printing Office, Superintendent of Documents, Mail Stop: SSOP, Washington, DC 20402-9328.
Publication Type: Opinion Papers
Education Level: N/A
Authoring Institution: Competitiveness Policy Council, Washington, DC.