Politics

Results for Politics
  • Media
    Congress Is Split on Taxing of Corporate Inversions

    Some tax experts testifying at Tuesday's hearing cautioned that narrow legislation could prove counterproductive even if it successfully deters some companies from reincorporating overseas. For instance, raising the threshold of a foreign company's ownership for inversions could prompt bigger foreign companies to get involved in the transactions. That could result in the U.S. portion of the company shifting more of its jobs overseas, including high-paying headquarters jobs, said Mihir Desai, finance professor at Harvard Business School.

  • Media
    Senate Panel Takes On Tax Inversions

    Mihir A. Desai, a professor of law at Harvard University, said punitive legislation could be counterproductive.

    "Legislation that is narrowly focused on preventing inversions or specific transactions runs the risk of being counterproductive," he said. "For example, rules that increase the required size of a foreign target to ensure the tax benefits of an inversion can deter these transactions but can also lead to more substantive transactions."

  • Media
    Senate Targets Tax Reform

    Mihir Desai, Harvard Business School professor, shares his thoughts on corporate tax reform ahead of Tuesday morning's Senate hearing.

  • Media
    What Role Does Government Play in Job Creation?

    Karen Mills, senior fellow at Harvard Business School, and Matthew Ferguson, Chief Executive Officer at CareerBuilder, talk with Erik Schatzker about the U.S. job market, the roles played by government and the business community in creating jobs, and the challenges for small business to find skilled labor to fill positions needed to grow their companies. They speak on Bloomberg Television's "Market Makers."

  • Research
    The Brink of Renewal: A Business Leader's Guide to Progress in America's Schools

    Released in May 2014, this report focuses on the current state of U.S. education and why this is a unique moment of opportunity for change.

  • Media
    Heard off the Street: Competitiveness gap may be narrowing

    The combination of higher wages in China and the U.S. energy boom is shrinking the manufacturing competitiveness gap between the world's two largest economies, according to a new study by the Boston Consulting Group.

  • Media
    Inaction in D.C. imperils state highway projects

    Nearly $5 billion of proposed road, transit, and bicycling improvements across Massachusetts are at risk because Congress has failed to act at a time when the nation's main source of highway funding verges on insolvency.

    State political leaders call a pair of approaching transportation deadlines — one to refill the highway trust fund by this summer and another to renew the national transportation program — a "looming crisis."

  • Media
    Cities, states to lose big if highway fund disappears

    States and local governments stand to lose $46.8 billion in federal funding for transportation and transit projects next year if Congress doesn't put more money into the Highway Trust Fund and it slides into insolvency, according to a new report.

    Rosabeth Kanter, a professor and part of the Harvard Business School's U.S. Competitiveness Project, a research-led effort to understand and improve the nation's competitiveness, ... said Congress needs to pass a bill to avoid "running out of money before they get all the potholes fixed."

  • Media
    Pfizer Proposes a Marriage With AstraZeneca, Easing Taxes in a Move to Britain

    Pfizer, the maker of best-selling drugs like Lipitor and Viagra and a symbol of business prowess in the United States for more than a century, no longer wants to be an American company.

    On Monday, Pfizer proposed a $99 billion acquisition of its British rival AstraZeneca that would allow it to reincorporate in Britain. Doing so would allow Pfizer to escape the United States corporate tax rate and tap into a mountain of cash trapped overseas, saving it billions of dollars each year and making the company more competitive with other global drug makers.

  • Media
    Professor Shih Gives Manufacturing Renaissance a C-

    Willy Shih is still worried. Five years ago, the Harvard Business School professor and his colleague Gary Pisano wrote that "restoring the ability of enterprises to develop and manufacture high-technology products in America ... is the only way the country can hope to pay down its enormous deficits and maintain, let alone raise, its citizens' standard of living."

    But when IndustryWeek asked Shih to assign a grade to our nation's efforts to reverse the impact of decades of manufacturing offshoring and lost production capability, he answered, "C-."

  • Media
    Can We Get To Where We Need To Go?

    America's infrastructure woes and how to fix them were front and center at the recent summit, America on the Move: Transportation and Infrastructure for the 21st Century, led by Rosabeth Moss Kanter.

  • Media
    Making Progress on Trade and Competitiveness

    With the United States negotiating major regional trade deals with both the Asia-Pacific and Europe, Congress may face choices in the coming months on international trade that could shape the U.S. economy for decades to come.

  • Media
    Investment in Infrastructure Will Help Small Businesses Drive Economic Growth

    This week I had the pleasure of participating in Harvard Business School's "America on the Move Summit" alongside business leaders like Jeff Immelt from GE and Mary Barra from GM. Our event came right on the heels of the President's announcement that he will push for a "grand bargain on jobs" to pair $302 billion of investment in our transportation infrastructure with corporate tax reform. And, I spoke about why investing in America's infrastructure is important to small businesses. —Karen G. Mills, Senior Fellow, Harvard Business School

  • Media
    Private Investors Can Save Public Infrastructure

    For decades, argues Harvard Business School's Rosabeth Moss Kanter, we have paid for our neglected infrastructure in lost productivity and jobs, but the full bill is coming due.

  • Media
    Income Inequality? The Key To Fixing It Is Restoring American Competitiveness

    From the White House to New York City's new mayor, nothing is attracting more political attention these days than the idea of income inequality—that the rich are getting richer while the middle class and poor tread water, at best.

    Few people I've ever heard are as informed or as eloquent on the subject as Harvard Business School's Jan Rivkin.

  • Media
    The global impact of US shale

    The US' shale gas and tight oil are already changing global energy markets and reducing both Europe's competitiveness vis-a-vis the US and China's overall manufacturing competitiveness.

  • Media
    Harvard Professor Michael Porter On Need for Growth

    Gov. Jon Huntsman talks with Harvard Business School Professor Michael Porter about the importance of competitiveness and growth in America, and the challenge that No Labels is undertaking to help maintain America as a competitive society.

  • Media
    Penny Pritzker pitches global trade

    The U.S. needs to open its doors more widely to world trade and embrace its own foreign-born residents to remain competitive in the global economy, U.S. Commerce Secretary Penny Pritzker said Friday.

  • Media
    Why Smart Leaders Would Fix Our Infrastructure Now

    There is a strong argument that it is a wise time to make a strategic investment in U.S. infrastructure by adding to the country's debt while interest rates remain extremely low.

  • Media
    U.S. Solar Panel Maker Seeks to Close Loophole in Duties on Chinese Products

    Should the petition go forward, it could effectively block Chinese manufacturers from the American market.

  • Media
    Companies, academics say budget cuts threaten U.S. competitiveness

    Mandatory U.S. budget cuts known as sequestration are resulting in job losses across the country and threaten to undermine U.S. competitiveness in the global economy, industry executives and academics said on Monday, urging Congress to reverse the cuts.

  • Media
    Immigration reform needed for global competitiveness

    As CEO of CKE Restaurants, I have firsthand knowledge of the vital role immigrants play in growing U.S. businesses, spurring innovation and creating jobs. Our broken immigration system hurts individual businesses, like ours, that create jobs and thrive on economic growth.

  • Media
    Rep. Scott Peters Asks EPA Administrator About U.S. Competitiveness

    Rep. Scott Peters (D-CA) poses questions to the Honorable Gina McCarthy, Administrator of the Environmental Protection Agency, at the Full Committee hearing titled "Strengthening Transparency and Accountability within the Environmental Protection Agency."

  • Media
    Policymakers Must Remove The Barriers To Foreign Investment In The United States

    Burgeoning regulations, policy incongruity, and lingering uncertainty about the business and political climates have reduced America's appeal.

  • Media
    Senator Max Baucus on the Urgent Need for Corporate Tax Reform

    Harvard Business School surveyed 10,000 of its graduates who live and conduct business around the world.

    The Harvard study made clear that our current tax code puts American businesses at a competitive disadvantage on the world market. That should concern all of us.

  • Media
    Minerals Bill Would Boost American Competitiveness | Commentary

    There is an opportunity for Congress to stimulate job growth, spur economic activity, revive domestic manufacturing and assuage some of our security concerns. How? By passing legislation to ensure that U.S. mineral and metals resources are no longer overlooked.

  • Media
    Seib & Wessel: Porter on Why U.S. Business Is Stalling

    In an interview with WSJ's David Wessel, Michael Porter from Harvard Business School talks about the challenges business in the U.S. is facing, including political gridlock in Washington and an ever-deepening skills shortage.

  • Media
    The Case for Preserving Accelerated Depreciation

    When it comes to the economy, one thing that most Americans can agree on is that we don't want policies that drive jobs out of the United States. Eliminating "accelerated depreciation" does just this.

  • Media
    Is Immigration the Top US Competitiveness Issue?

    Evercore Partners CEO Ralph Schlosstein discusses immigration with Tom Keene on Bloomberg Television's "Bloomberg Surveillance."

  • Media
    The U.S.'s crap infrastructure threatens the cloud

    Thanks to state-sponsored cable/phone duopolies, U.S. broadband stays slow and expensive -- and will probably impede cloud adoption

  • Media
    U.S. Tax Exceptionalism

    Replacing corporate tax revenues with consumption tax revenues is the most straightforward way to improve America's tax competitiveness. Everything else is just nibbling around the edges.

  • Media
    America, NSA Surveillance is Bad for Business

    The ubiquitous government surveillance harms more than just our personal privacy, and American businesses need to pay particular attention.

  • Insight
    On Capitol Hill: Michael E. Porter and Jan W. Rivkin Meet with D.C. Leaders to Discuss U.S. Competitiveness

    Harvard Business School's U.S. Competitiveness Project co-chairs Michael E. Porter and Jan W. Rivkin meet with political leaders in Washington, D.C. to share HBS research and propose policy measures for improving America's competitiveness.

  • Insight
    U.S. Competitiveness: A Matter of National Security

    Dante A. Disparte, president of the Harvard Business School Alumni Club, Washington D.C., calls upon the local alumni network and the business community at large to make a difference in the nation's capital.

  • Media
    Tax reform would fuel U.S. economy

    While other countries have modernized their international tax systems, the United States remains mired in the past. The U.S. tax system isn't working for American businesses, workers or the economy as a whole.

  • Media
    Senator Max Baucus on the Public Calling for Tax Reform

    Harvard Business School did a survey last year asking 10,000 of its graduates who live and conduct business around the world about the challenges of doing business in America. These individuals are leaders on the front lines of the global economy, and they are pessimistic about America's economic future.

    The vast majority of those surveyed, 71 percent, expected U.S. competitiveness to deteriorate over the next several years. And what did they identify as the root of America's competitiveness problem? Respondents pointed to America's tax code as one of the greatest weaknesses in the U.S. business environment.

  • Media
    Michael Porter testifies at Congressional Competitiveness Hearing

    Harvard Business School Professor Michael Porter offers insights on how to strengthen America's competitiveness before the Committee on Small Business Subcommittee on Economic Growth, Tax and Capital Access.

  • Media
    Could Free-Trade Mean Bad News for Small Business?

    As the United States and the European Union continue talks this week to potentially hammer out a free-trade agreement, experts are divided on what effect the agreement could have on small-business exporters in the United States.

  • Media
    HBS Professors Michael E. Porter and Jan W. Rivkin to Meet with D.C. Leaders to Discuss Improving U.S. Competitiveness

    HBS Experts will meet with D.C. leaders to discuss areas of agreement around the actionable steps that can be taken to address America's structural competitiveness

  • Media
    HBS Dean Nohria Addresses US Competitiveness Needs

    Harvard Business School Dean Nitin Nohria appeared on CNBC's "Squawk Box" to discuss what the United States needs to assure economic competitiveness on a global scale.

  • Media
    Immigration reform can prove U.S. strength and security

    After much misguided hand-wringing about "American decline," Congress has a chance to do something to strengthen the United States at home and abroad.

  • Media
    When it Comes to Tax Laws, the Issue is Competitiveness

    The United States needs a modern tax code that unleashes the power of America's economy to create jobs, increase growth, encourage businesses to invest in the U.S., and let American companies large and small compete in today's global economy.

  • Media
    America's Competitive Nature Is at Risk

    The United States is losing its competitiveness in the world economy. Sadly, instead of leading the innovation charge in the twenty-first century, we are becoming victims of policies that restrict our entrepreneurial roots.

  • Media
    Strengthening U.S. Infrastructure: An Essential Component of Economic Competitiveness

    Rebuilding roads, bridges and points of commerce would help lower unemployment levels, improve commercial operations and strengthen the U.S. economy over the long term.

  • Media
    CEOs Group Calls Too-Big-to-Fail Bill Threat to U.S.-EU Accord

    Prospects for a new trade agreement with the European Union are being threatened by measures that would boost capital requirements for the biggest banks, a group representing U.S. chief executive officers said in a letter.

  • Media
    US Back on Top in World Competitiveness Ranking

    Now that financial markets have recovered and business efficiency and profitability have revived, the U.S. has regained its dominant position, according to IMD.

  • Media
    Don't Blame Apple for America's Broken Tax Code

    Harvard Business School's Mihir A. Desai, answers a few questions about the recent Congressional tax inquiry of Apple and how this investigation fits into a larger debate about the corporate tax code.

  • Media
    New Study Shows U.S. Legal System is a Competitive Liability

    The U.S. Chamber Institute for Legal Reform suggests that civil justice reform would play an important role in increasing the global competitiveness of American businesses.

  • Media
    Assailing corporations is a poor competitiveness strategy

    It is time for CEOs to stand up and say "yes, my company moves jobs to other nations and we will continue to do so until Congress puts in place a real national competitiveness strategy."

  • Media
    Toward a More Competitive US

    At an event at Harvard Business School that was three parts analysis and one part rally, participants tried to chart a new path forward for the sluggish U.S. economy — a move that may require a new definition of "competitiveness."

  • Media
    Making the United States Competitive

    Business leaders expect the nation's competitiveness to deteriorate, with companies less able to compete globally, pay workers well, or both, according to a new report released by Harvard Business School.

  • Media
    U.S. Broadband Policy and Competitiveness

    Some experts fear the United States is falling behind other developed nations in broadband adoption and performance, but others say such concerns are often exaggerated and unsupported by analysis.

  • Media
    US economy: wake-up call for Washington

    The US is becoming less competitive partly because it refuses to address mounting debt problems. Federal policymakers in Washington DC have to make some tough choices to put the nation's finances in order and improve economic prospects.

  • Media
    America's real infrastructure test

    America's public infrastructure — roads, bridges, airports, seaports, waterways and even sidewalks — is a mess. You can see it for yourself every day. It's not just a nuisance; it's bad for our economy.

  • Media
    Obama knocks GOP as U.S. airports drop in rankings

    President Barack Obama knocked Congress's Republican leadership on Monday for neglecting infrastructure, noting that not one U.S. airport cracked the top 25 on a list of the world's best.

  • Media
    Chinese consumers push US exports higher

    China remained the United States' third-biggest export destination, behind Canada and Mexico, in 2012, having purchased nearly $109 billion US goods, according to a report by the US-China Business Council.

  • Media
    Keeping Our Economy and Meaningful Tax Changes on Track

    Reforming our international tax system should include modern tax laws to provide a level playing field for American workers; permanent simplification of the tax code; a lower corporate tax rate to increase competitiveness; and provisions to protect the U.S. tax base and prevent abuse.

  • Media
    Defining a Microeconomic Strategy for Global Competitiveness

    The United States has been using fiscal and monetary solutions as a base for its economic growth policy. But these macroeconomic strategies by itself are not leading to long-term growth. If we want to create more jobs, increase per capita income and reduce poverty, we need a shift in focus towards regions as the drivers of the national economy.

  • Media
    As FCC Chairman Leaves Post, Challenges Persist in Broadband Expansion

    Current policy measures will accomplish only the bare minimum to improve U.S. competitiveness in the global information economy. According to recent FCC data, gigabit broadband connections are available in only about 40 communities across 15 states.

  • Media
    A Half Century Never Looked So Old

    The US has an international tax system that puts American companies and workers at a disadvantage as they try to compete in a new world.

  • Media
    Current fiscal policy harms U.S. competitiveness

    Political skirmishes and impasses around short-term events are distracting us from the real danger ahead: Our reckless fiscal trajectory that threatens America's competitiveness. Insights by David Walker and Robert Kaplan.

  • Media
    Our Challenge in an Era of Global Competition

    For innovation, entrepreneurship, and startups, the U.S. continues to be unparalleled. But in spreading economic benefits broadly throughout the economy, we have not done well the last 30 years.

  • Media
    The America that works

    Regulation, innovation, infrastructure, education: each of these is crucial to competitiveness. Put together the small things happening in the states, and they become something rather big. That is the essence of the America that works.

  • Media
    U.S. Losing Ground from Higher Corporate Tax Rate

    The U.S. economy will be between 1.5 and 2.6 percent smaller over the long-term because other nations' corporate tax rates are considerably more competitive, according to a new study by Ernst & Young and the RATE Coalition, a group lobbying for lower corporate tax rates.

  • Media
    CEOs explain how H-1B visa hurts U.S. competitiveness

    A recent government briefing on the H-1B visa program offered facts and perspectives that are usually ignored or overlooked by the media; including from CEOs who use the program.

  • Media
    The Economy: Cheer Up

    Political gridlock may be bad for America's economy, says Edward McBride, but the underlying growth prospects are much brighter than they seem.

  • Media
    Harvard Survey: U.S. Competitiveness at a Crossroads

    Concerned about long-term structural issues such as the educational system, the tax code, and partisan politics, business leaders are continuing to voice pessimism about the state and direction of U.S.competitiveness, according to a new survey by the Harvard Business School (

  • Media
    Video: US Crisis Like Villain in a Horror Movie

    Jan Rivkin, professor and chair of the Strategy Unit at Harvard Business School, discusses the structural issues facing the United States and as a result, the multiple short term crises. He speaks on Bloomberg Television's "Market Makers."

  • Media
    Video: U.S. Competitiveness Project on Charlie Rose

    Michael Porter, University professor at Harvard, talks to Charlie Rose about the United States in the global economy.

  • Media
    House hearing to look at ways to boost U.S. auto industry

    Executives at Toyota Motor Corp., Honda Motor Co. and Ford Motor Co. will tell a U.S. House panel Wednesday that the United States should do more to attract qualified workers to the auto industry.

  • Media
    The Competitiveness Gap: The True Cause of the Global Recession

    United Kingdom Prime Minister Cameron's potential reform package is one of several steps being taken to increase competitiveness on the continent. The United States should learn a lesson.

  • Media
    What the Superdome Blackout Says About American Competitiveness

    The electrical blackout at the Super Bowl wasn't about New Orleans. It speaks more to the pressing challenge of ensuring our infrastructure is capable of enabling America to be competitive in a global economy.

  • Media
    Do multinational corporations have a duty to maintain a strong presence in their home countries?

    Do you think that companies owe anything to the place they came from? Or is the notion of "home" now largely irrelevant for the corporate world?

  • Media
    Political Uncertainty in US, Biggest Impediment to Clean Energy Industry

    The lack of a long-term national energy policy is putting the US at risk of falling behind in the global clean energy market both in terms of innovation and competitiveness, concludes a report by Pew Charitable Trusts.

  • Media
    Obama's Council on Jobs and Competitivess Shutting Down Thursday

    President Barack Obama will let his Council on Jobs and Competitivess expire this week without renewing its charter, winding down one source of input from the business community even as unemployment remains stubbornly high.

  • Media
    Still Missing From Obama's Cabinet: Business Leaders

    Of the dozen or so Cabinet officials who are either confirmed or awaiting confirmation, none comes from a job running or helping run a business.

  • Media
    The Economist: An Eight-Point Plan to Restore American Competitiveness

    Harvard Business School Professors Michael Porter and Jan Rivkin lay out policy steps for the president and Congress to follow in order to make American companies more competitive and their employees more prosperous.

  • Media
    A New Year's Resolution for President Obama

    What should be the key focus of the new Obama administration? Suzanne Rosselet suggests that investing in skills and education are the critical contributors to lifting US competitiveness.

  • Media
    American Competitiveness Report--An Issue of National Security

    Our ability to compete in a global economy, attract the world's brightest workers and nurture a functional political system is slipping. This weakness is now at a point where it threatens to erode the pillars upon which America's national security rests. America's competitiveness is now a matter of national security.

  • Media
    Rep. Delaney To Focus On U.S. Competitiveness In 1st Term

    Maryland's newest congressman says restoring U.S. competitiveness is his top priority as he takes office, the Associated Press reports.

  • Media
    Has the 'fiscal cliff' fight changed how Washington works?

    As ugly as they were, the "fiscal cliff" negotiations produced something Washington hadn't seen in a long time: strongly bipartisan votes in the House and the Senate on a big, contentious issue.

  • Media
    Setting the Stage: Reviving US Competitiveness and Economic Growth

    Until recently, the debate about tax reform has focused mostly on the corporate side and mostly on the international side, but in the negotiations about the fiscal cliff, the debate has moved into a discussion about individual taxation.

  • Media
    For D.C. freshmen, a crash course in U.S. competitiveness

    Two Harvard Business School professors warn a group of incoming congressional freshmen that it would be a mistake to separate concerns about the economy from the broader and increasingly urgent problem of America's waning competitiveness in the global world of business.

  • Media
    Seattle competitive today; what about future?

    The Puget Sound region, for all its strengths, is only a few Chinese leaps in software, airplanes and biotechnology from becoming Akron, Ohio, with ferries, columnist Jon Talton says.

  • Media
    Thinking competitively about China

    Does the United States benefit from having a strategic competitor? We share the common assessment that the U.S.-China relationship will be the most important geopolitical relationship this century. But is this competition from China merely a threat, or also potentially an opportunity for the U.S.? We think it can be the latter.

  • Media
    Trade Deal Between U.S. and Europe May Come to the Forefront

    A free-trade agreement between the United States and Europe, elusive for more than a decade but with a potentially huge economic effect, is gaining momentum and may finally be attainable, business and political leaders say.

  • Media
    US economists say solar competitiveness "may never arrive"

    Analysts at AllianceBernstein doubt that solar will ever become cheap enough to compete without subsidies " and they cite Germany as an example.

  • Media
    Reducing Debt and Other Measures for Improving U.S. Competitiveness

    American competitiveness is at risk as the burden of the national debt continues to take its toll on the economy, say Jason J. Fichtner and Jakina R. Debnam of the Mercatus Center.

  • Media
    Competition on the Cliff

    Harvard Business School Professor Michael E. Porter on US competitiveness and the "fiscal cliff."

  • Media
    CEOs Discuss U.S. Competitiveness

    Video Samuel R. Allen, chief executive officer for Deere & Co., James Hagedorn, CEO for Scotts Miracle-Gro Co., Keith D. Nosbusch, CEO for Rockwell Automation Inc., Michael E. Porter, professor at Harvard Business School, and Edward M. Smith, CEO for Ullico, Inc., talk about U.S. productivity and economic growth outlook. They speak at the National Competitiveness Forum in Washington. Bloomberg's Al Hunt moderates.

  • Media
    Fortune: What Business Should Do to Restore US Competitiveness

    It's time for business to lead in restoring American competitiveness, rather than waiting for Washington to act, write Harvard Business School professors Michael Porter and Jan Rivkin.

  • Media
    Harvard panel examines Big 3 rebound

    The rebound of Detroit's Big Three automakers is a real-world success story, but professors from Harvard Business School think Motown's comeback deserves a place in the classroom, too.

  • Media
    Protecting the American Dream Should Be the President's Top Priority

    For the first time in our lives, the promise of upward mobility -- the core of the American Dream -- can no longer be taken for granted. The top priority for President Obama is to enact policies that support job growth and reduce worker anxieties.

  • Media
    Obama's New Cabinet: Time for a Strong Commerce Secretary

    As President Obama mulls over the appointments for his second term cabinet, there's one job that deserves a much higher priority than it's had in the recent past: the Commerce Secretary.

  • Media
    How States and Localities Can Get Off the Economic Development Treadmill

    Turning around the U.S. economy, and by extension the 50 state and thousands of local economies, will require a robust national innovation and competitiveness strategy focused on what we call the four "T's": corporate Tax reduction and reform; increased public investment in Technology and Talent, and much tougher Trade enforcement.

  • Media
    U.S. businesses seek a more competitive economy

    Next week, a coalition of business leaders will press a longer-term to-do list on Washington's politicians. Its 200 items include cutting corporate taxes, streamlining regulations, upgrading the nation's crumbling infrastructure and creating a more highly skilled workforce.

  • Media
    These Are the Cities That Can Show Us How to Create Jobs

    To better understand what actually works to get the economy moving again, the administration should look at the nation's most successful cities and metro areas.

  • Media
    Government's Role in Innovation

    Harvard Business School Professor Rosabeth Moss Kanter joins Bhaskar Chakravorti, senior associate dean at the Fletcher School at Tufts University, to discuss what role government has in fostering innovation.

  • Media
    U.S. Needs a Growth Strategy: Larry Summers

    Former White House economic advisor Larry Summers warned Thursday that a failure to address the fiscal cliff would make things worse as the U.S. economy now is at "critical juncture", but tackling the fiscal challenge needs long-term vision on growth.

  • Media
    US confirms tariffs on China's solar industry

    The United States hit China with tariffs as high as 250 percent on Wednesday for selling solar cells below fair value, while also imposing a separate 16 percent tariff to counteract Chinese subsidies to its solar firms.

  • Media
    RPT-China options limited as U.S. panel outcasts Huawei, ZTE

    China's leading telecom equipment makers accused in a U.S. congressional report of being a potential security risk may face fresh scrutiny in other markets, while American firms operating in China could be vulnerable to retaliation.

  • Media
    A class-action blow to U.S. manufacturing

    The U.S. Supreme Court has until Friday to determine whether it will hear an appeal involving a class-action lawsuit against Whirlpool, the nation's largest washing machine manufacturer. Until then, the future of all manufacturing in the United States hangs in the balance.

  • Media
    Common ground key to building businesses

    Harvard Business School's U.S. Competitiveness Project aims to engage local leaders, find paths to prosperity

  • Media
    Sharpening America's Competitive Edge

    Harvard Business School Dean Nitin Nohria and Professor Michael Porter discuss America's declining competitiveness and possible solutions. Their appearance begins at about the 1:20 mark.

  • Media
    Time to overhaul the U.S. international tax rules

    A Senate hearing this week demonstrated yet again why it's time to modernize U.S. tax rules so companies can compete around the world and in the process create jobs back home in the United States.

  • Media
    US set for industrial revival, says study

    The US is on course to regain its status as a global industrial powerhouse, in spite of indications in recent months that the recovery is running out of steam, says a study published on Friday.

  • Media
    WTO Filing a Step Toward Enhancing Competitiveness

    Many so-called experts have mocked the Obama Administration's latest trade action against China as being fundamentally useless, the economic equivalent of spitting into the wind. After all, factory job seem like a relic of the past. Yet by our calculations, the U.S. could regain 4 million jobs in manufacturing at relatively low cost--if we follow the right policies.

  • Media
    Why US economy imploded and why recovery is so slow

    We must rebuild the American economic engine--which is the one-third of the U.S. economy that competes in global markets and that shrinks if it loses that competition.

  • Media
    Which Country Is the Most Competitive for Business?

    Some nations are better at attracting businesses than others, and as the global economy continues to struggle, getting more companies to invest in a nation has become a necessity for maintaining financial strength. Where does the U.S. fall in the worldwide rankings, and how can we improve?

  • Media
    Video: Forum on American Competitiveness

    Speakers at the forum included former Secretary of State Madeleine Albright; Harvard Business School Professor Michael Porter; and Aspen Institute CEO Walter Isaacson. Former presidential advisor David Gergen moderated the event.

  • Media
    Trade Deficit Details Reveal Continuing Competitiveness and Policy Failures

    The slight 0.25 percent increase in the overall U.S. trade deficit in July concealed big deficit increases in categories critical to restoring American prosperity and preserving global economic leadership--manufacturing and high tech products.

  • Media
    Corporate taxes: What Obama and Romney would do

    Policymakers last overhauled the corporate tax system 26 years ago. The economy, international trade and technology have changed drastically since then.

  • Media
    Behind the New View of Globalization

    The causes of this country's declining competitiveness is discouragingly long: crumbling infrastructure, inadequate educational performance, stifling regulation and a cumbersome tax system. But it might not take that much to tip the scales in favor of the United States.

  • Forum
    America's Prosperity Depends on Outwitting Our Broken Political System

    Nearly every member of Congress has blocked steps that would help their constituents prosper. The answer? Sol Erdman and Lawrence Susskind discuss advocacy plans for the Center for Collaborative Democracy.

  • Media
    China's slowing economy could complicate relationship with U.S.

    The Chinese economy on Friday showed worrisome signs of slowing down, a development that not only threatens global economic growth but also may complicate the relationship between China and the United States.

  • Media
    Energy independence key to U.S. competitiveness

    While China is busy raising skyscrapers, America seems content to raise only objections. The United States can never be truly independent without the power to compete.

  • Media
    Job Creation and Keeping the US Competitive

    Harvard's Michael Porter and the Washington Post's Eugene Robinson join Morning Joe to discuss job creation in the U.S. and how to keep the country competitive. Some of Porter's suggestions include simplifying the tax code and creating a sustainable federal budget. "The solutions are not difficult--it's political will," says Porter.

  • Media
    Senate committee to review 'global competitiveness' of US airlines

    A key Senate committee will hold a hearing this week about the competitiveness of U.S. airlines in the international aviation industry.

  • Media
    Three years into recovery, just how much has state and local austerity hurt job growth?

    The most glaring weakness in the current recovery relative to previous ones is the unprecedented public-sector job loss seen over the last three years.

  • Media
    US Congress Looks To Extend AGOA

    Bipartisan bills have been introduced in both the Senate and the House of Representatives to continue the expansion of United States trade with sub-Saharan Africa and Central America, by means of extending and changing key provisions of the African Growth and Opportunity Act and the Dominican Republic-Central America-US free trade agreement.

  • Media
    How Can Mature Economies Achieve Stronger Global Competitiveness?

    Conference Board Chief Economist Bart van Ark analyzes how mature economies can achieve even stronger competitiveness.

  • Media
    Harvard Business School to Convene More Than 400 Leaders in Washington to Discuss the Business and Politics of Improving U.S. Competitiveness

    Leaders from the U.S. Senate, Small Business Administration, media, business and labor will join HBS in an interactive discussion about areas of agreement around the actionable steps that can be taken to address America's structural competitiveness challenges

  • Media
    Can the U.S. Revitalize its Infrastructure?

    Pushing the limits of an aging infrastructure, U.S. manufacturers face a future of increasing costs and instability unless new technologies and new investments can rejuvinate the system.

  • Media
    Will immigration reform spur economic growth? Yes, it will keep us competitive

    Today, as we face a sluggish economic recovery and persistently high unemployment, immigrants can strengthen our efforts to grow the economy, create jobs and keep America competitive. But to truly leverage the talent, energy, ideas and hard work of immigrants, we must adopt rational reforms to our immigration system. What's at stake if we don't? Innovation, growth and jobs.

  • Media
    Senate's Baucus sees opportunity to reshape Tax Code

    Congress has a once-in-a-generation opportunity to rewrite the U.S. Tax Code to promote job growth and reduce the federal budget deficit, said Senate Finance Committee Chairman Max Baucus.

  • Media
    Widening Secret Patents Seen as Costing Inventors' Rights

    Congress is asking whether sensitive patent applications should be kept under wraps to protect them from economic espionage, a question that implies curbing the ability of inventors to promote their ideas globally.

  • Insight
    U.S. Competitiveness Project—A Need for Systems Thinking

    The current state of U.S. competitiveness is not the problem, but rather, a symptom of a larger systemic one, says Andrew McKeon, founder of business-climate.com. Fixing U.S. competitiveness will require a systems perspective much broader and more holistic than American management has practiced in the last 40 years.

  • Media
    To Stay On Top, The U.S. Must Invest In Research Universities

    Everywhere you look around the world we see investments in the future which recognize what the 21st Century will look like, says former Intel CEO Craig Barrett. Isn't it about time we did the same? Instead of cutting back our funding for education and research, shouldn't we be doing the opposite?

  • Media
    U.S. Provides $9.98 Million to Strengthen Shipyard Competitiveness

    U.S. Transportation Secretary Ray LaHood announced $9.98 million in grants to 15 small shipyards throughout the United States to pay for modernizations which will increase productivity and help the country's small shipyards compete in the global marketplace.

  • Media
    Export laws hurt US space competitiveness, lawmaker says

    The U.S. government needs to repeal or at least heavily modify the law limiting the export of space technologies because it is hurting national competitiveness in space, a lawmaker contends.

  • Media
    Taxes, Red Tape 'Stifling US Aviation'

    The United States government should ease the tax and regulatory burden on the the nation's aviation industry to improve the sector's competitiveness and boost the economy as a whole, the International Air Transport Association says.

  • Media
    Boost the Economy, Elect a New Congress: Peter Orszag

    Business leaders interested in American productivity already have plenty of good ideas for increasing it. But the first thing they should do is get involved in good old-fashioned electoral politics to boost the number of moderates in Congress.

  • Media
    Strengthening America's economic recovery by reaching beyond our borders

    As we celebrate the success of the National Export Initiative and its positive impact on our economy, we must also commit to ensuring that its momentum continues. Providing more opportunities and support for U.S. companies to export their goods and services makes good economic sense--and American workers deserve nothing less.

  • Media
    The Merits of a Corporate Tax Overhaul

    President Obama's proposed tax cut on manufacurers, although significant, may be too small, as it would leave the rate in the United States above the rates of many developed and emerging-market countries competing for the investments of American companies.

  • Media
    Business Should Help the Heartland

    Michael Porter is right: To progress, the US needs to shed two shibboleths of the Republican primary. One is that government must simply "get out of the way" in order for businesses to thrive and jobs to be created; the second is that free markets inherently produce good social results.

  • Media
    What the U.S. Has in Common with Emerging Markets

    We should take a look at the most dynamic parts of today's global economy—the so-called emerging markets—while thinking about how to shore up American competitiveness.

  • Media
    Congress can ensure U.S. remains world's most entrepreneurial nation

    Now's the time to push pro-entrepreneurship legislation over the goal line, so we can ensure the United States remains the world's most entrepreneurial nation.

  • Media
    Lack of national policy hobbles U.S. manufacturing

    Lack of a public policy on manufacturing is the main obstacle to a vibrant factory sector in the United States, according to a Brookings Institution study which also dismissed the notion that high wages are frustrating growth.

  • Research
    Fixing What's Wrong with U.S. Politics

    In thinking about the competitiveness of a nation, analysts commonly focus on economic factors, such as exports, unit labor costs, and fiscal policy, among others. “Politics” is not typically high on the list, if it appears at all, observes Professor David Moss.

  • Research
    Choosing the United States

    Over the last four decades companies have dispersed more and more of their activities across the globe. Data and analysis from Michael E. Porter and Jan W. Rivkin suggest that the U.S. is losing out on location decisions at an alarming rate, even for high value adding activities such as R&D that it should be able to attract.

  • Research
    A Jobs Compact for America's Future

    It’s generally understood that the United States can’t be competitive—and won’t be able to support high, and rising, living standards—without a well trained, well paid, and continuously improving workforce that can compete with the best that other countries have to offer. Yet, at all levels of the economy, we behave as if we don’t believe this, opines Thomas A. Kochan.

  • Research
    The Incentive Bubble

    The last three decades have seen American capitalism transformed by a simple idea—that the evaluation and compensation of managers and investors should be outsourced to financial markets, says Professor Mihir A. Desai.