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Renewing America

Ideas and initiatives for rebuilding America’s economic strength.

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Residents sit behind a divider that separates homes from a bridge of the Transolimpica BRT, an express road built through a shantytown. Nacho Doce/Reuters

Tackling Non-Inclusive Growth

MILAN – Several years ago, I had the privilege of chairing a commission on growth in developing countries. Its members had significant economic, political, and social policymaking experience in the developing world, and despite their differences, they all agreed on certain crucial points. Two still stand out in my memory. Read More

August 29, 2017

China
The Global Economy’s New Rule-Maker

MILAN – In a recent commentary for the South China Morning Post, Helen Wong, HSBC’s chief executive for Greater China, shows that China’s rising generation of 400 million young consumers will soon account for more than half of the country’s domestic consumption.

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August 14, 2017

Trade
Renegotiating NAFTA: Let the Games Begin

The North American Free Trade Agreement was the first in U.S. history to slash trade barriers between a wealthy country and a much poorer one. This week, the NAFTA will mark another first when officials from Mexico, Canada, and the United States sit down in Washington to begin renegotiating the deal.

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August 3, 2017

Immigration and Migration
The RAISE Act Won't Raise Wages for Americans

In his successful election campaign last year, Donald Trump tapped into a genuine and serious set of concerns among many Americans about the impacts of both trade and immigration on their economic well-being.  The faith among policymakers in Washington—that relatively open trade and immigration were an unmitigated good for Americans—required turning a blind eye to economic research and real world evidence that showed that both create winners and losers in the American economy. And Donald Trump promised to stand up for the losers. 

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