Posts in Competitiveness
The High-Dollar Blues

The broad trade-weighted dollar appreciated by nearly 10% in relative price-adjusted terms between April 2014 and April 2015. Thus far, the current episode of dollar appreciation is small relative to historical experience, although certain factors have created other difficulties for manufacturers. Barring any significant surprises, markets will continue to believe that the U.S. Federal Reserve will be the first major central bank in the world to tighten policy; such a belief favors dollar strength.

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The Decline of U.S. Export Competitiveness for Manufactures and Its Consequences for the World Economic Order

A rapid decline in U.S. export competitiveness for manufactures is having game-changing consequences for the international trade and financial systems. U.S. leadership capabil­ity has been reduced for pursuing a more open, nondiscriminatory trading system while trade relationships are shifting from the rules-based multilateral World Trade Organization to a spreading network of preferential bilateral and regional trade agreements.

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3D Printing and Regional Manufacturing Competitiveness

Is the world on the precipice of another industrial revolution? The accumulating evidence increasingly supports an affirmative answer. Media outlets regularly churn out stories about factory robots with remarkably sophisticated abilities, self-replicating 3D printers, and software programs that may have the capacity to run factory operations and direct traffic along complex supply chains.

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The Post-Recession State of U.S. Manufacturing

Since the economic recovery started in 2009, the U.S. manufacturing sector generally maintained a 12% share of GDP over the five years ending in 2013. The sector’s performance was impressive when compared with other major advanced countries that experienced similar declines and early recoveries in manufacturing production but quickly lost their growth momentum after 2011

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An International Comparison of Pollution Abatement and Waste Management Costs

This study compares the costs of pollution control reduction faced by manufacturers in the U.S. and our largest trading partners in Europe, Latin America, and Asia. We analyzed the abatement costs for greenhouse gas emissions and air pollution that are necessary to meet regulatory reductions and the annual costs of waste disposal and wastewater treatment. 

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