In the 2012-2013 Global Competitiveness Report released this week, the World Economic Forum ranked United States as 7th worldwide in competitiveness. This marks the fourth consecutive year of decline for the U.S. position after being 5th in last year’s report. This week’s LinkPad looks at how the Trans-Pacific Partnership agreement—for which negotiations are currently underway—presents an opportunity for the U.S. to strengthen its competitiveness, protect American jobs, and engage in a dynamic economic market.
- The U.S. Chamber of Commerce’s Global Intellectual Property Center posted a blog detailing the need for the TPP to emerge as a gold-standard trade agreement.
- On The Hill’s Congress Blog, former director of Government Affairs for the Steet Metal Workers’ International Association, Vincent Panvini writes, “Expanded trade under the Partnership will enhance investment, promote innovation and facilitate economic recovery.”
- The Wall Street Journal reports on U.S. Trade Representative, Ron Kirk’s dedication to the TPP agreement and the significance of strengthening U.S. economic ties to the Asia-Pacific region.
As the U.S. Trade Representative continues on discussions on TPP, it is important to remember that regaining our position as a world economic leader requires the cultivation of policies that level the playing field and allow America’s innovative industries to flourish.