American Companies and Global Supply Networks – Driving U.S. Economic Growth and Jobs by Connecting with the World, December 2012. Matthew J. Slaughter, Business Roundtable.
“America today sits at an economic crossroads, unsure of what path to take to confront its competitiveness challenge of too little economic growth and too few jobs. The good news is there is a future in which America can create millions of good jobs and strengthen its economic growth by seeking opportunities in global markets via international trade and investment. Doing so will require thoughtful U.S. policies that promote U.S. competitiveness and are based on a sound understanding that the success of American companies, and of the U.S. workers they employ, increasingly hinges on their success as globally engaged companies. This report aims to provide that understanding by explaining what American companies must do to succeed in todays dynamic global economy: an explanation based on current statistics, academic and policy research, and case studies of the mindset, goals and methods that create success in innovative, forward-looking companies. The report makes three main points about globally engaged U.S. companies: First, they are fundamentally American companies driving the capital investment, research and development (R&D), and international trade that support economic growth and well paying jobs in the United States;
Second, their success in America increasingly hinges on their being globally engaged; Third, their engagement around the world boosts hiring, investment, and R&D in their
U.S. operations.”
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