News Release
Strong Global Economic Engagement Is Essential to Maintaining U.S. Prosperity and Leadership Abroad
Jun 21, 2016
This report presents strategic choices America faces regarding the international economy over the term of the next U.S. administration, focusing on policy choices in the areas of maintaining and improving the rules-based international economic system; working with China and better integrating it into the existing system; supporting economic growth of allies and partners; and using sanctions to change unwanted behavior and counter adversaries.
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The upcoming U.S. presidential election presents an opportunity to confirm, better define, or redefine America's role in the world. Economic power and policy will have an important place in any conception of the United States' role in the world. This report presents the strategic choices America faces regarding the international economy over the terms of the current and next U.S. administrations. The goal of U.S. international economic policy is to contribute to national economic growth and prosperity. Although the United States faces many choices regarding the global economy, this report focuses on policy choices in the areas of maintaining and improving the rules-based international economic system; working with China and better integrating it into the existing system; supporting the economic growth of allies, friends, and partners; and using economic tools to change unwanted behavior and counter adversaries.
Chapter One
Economic Issues in the United States' Role in the World
Chapter Two
The U.S. Economy Today
Chapter Three
How the U.S. Economy Connects with the World
Chapter Four
The United States' Economic Standing in the World
Chapter Five
Strategic Choices Abroad: Maintaining the Liberal Rules-Based International System
Chapter Six
Strategic Choices Abroad: China
Chapter Seven
Strategic Choices Abroad: Supporting Partners and Deterring Unwanted Behavior
Chapter Eight
Conclusion: U.S. Policy Choices for the Global Economy
Funding for this RAND-Initiated Research was provided by philanthropic contributions from RAND supporters and income from operations and was conducted within the International Security and Defense Policy Center of the RAND National Security Research Division (NSRD).
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