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China has closely followed the proven economic model of the Asian Tigers, only this time with an order of magnitude increase in scale. Acknowledging and addressing this simple business model reality is the key to developing an effective American response.
Transnational scam networks, often based in Southeast Asia and exploiting weak governance, have stolen billions from U.S. consumers, and effectively combating them requires bipartisan legislation, stronger public-private coordination, and sustained international cooperation.
Electricity demand is growing rapidly and starting to strain the grid. Instead of slowing the growth of data centers, the United States should deploy new technologies and strategies to efficiently increase grid capacity while accelerating new generation and transmission.
While ITIF commends the CMA for asking whether competition policy is consistent with broader growth and competitiveness goals, in several respects the Discussion Paper appears to condone policies that would run counter to—not ensure—a faster growing and more globally competitive Britain.
Research and development (R&D) is central to a firm’s competitiveness, both domestically and internationally. Data from the National Science Foundation shows that U.S.-based firms have increased foreign R&D investment flows over the last decade.
