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11. The Role of Universities in Our Changing Economy

Author:
Jefferey Bleich
Publication Date:
03-2017
Content Type:
Journal Article
Journal:
The Ambassador's Review
Institution:
Council of American Ambassadors
Abstract:
We grew up in a century defined by the Second Industrial Revolution. Today, that revolution is being eclipsed by a Digital Revolution. The uncertainty that we are experiencing in every aspect of our society is the same disorientation that occurred between 1870 and 1910 when the first Industrial Revolution ended and a second one began. It eventually vaulted nations like America and Australia to the top of the world order. But it also produced the Gilded Age, labor unrest, mass migrations, the Great Depression and two world wars. That era is closing, and we are now experiencing the new great dis­ruption that Silicon Valley promised. Digital technology—while solving crucial problems—is creating or compounding others. It has outstripped the capacity of government to control it and amplified the collapse of public confidence in democratic governments. It has inflamed rivalries between those who benefit and those who don’t. It has undermined standards—of altruism and of civility—that are necessary for us to find common ground. To appreciate this, we have to see where we’ve come from. A hundred and fifty years ago, we went through the same thing. Changes in technology revolutionized media, global integration and demographics. The changes were profound. In 1879, during a three-month period, both the electric light and a workable internal combustion engine were invented. Those two inventions alone produced over the next 40 years a dizzying number of new technologies. The telephone, phonograph, motion pictures, cars, airplanes, elevators, X-rays, electric machinery, consumer appliances, highways, suburbs and supermarkets—all were created in a 40-year burst from 1875 to 1915. Technology fundamentally transformed how people live. We’ve known for a while that the structures created by this Second Industrial Revolution were running their course, at least in advanced economies, and that it was being replaced by a new revolution, the digital revolution. Recently, the pace of these advances has started to build exponen­tially, and the pressure has been mounting. Everyone who has had to throw out their CD player for a DVD player for an iPod for an iPhone for Spotify knows what I mean. Further, the pace at which our world is being changed just keeps accelerating. Every year a new massive theory of disruption emerges: “the digital economy,” “the social network,” “the Internet of things,” “sharing economy” and “big data.” Last year, “machine learning”—where machines teach themselves things we do not know—was the buzzword. The word in Silicon Valley this year is “singularity”—where our species itself is altered by technology (gene-editing, bionics, artificial intelligence), creating a new hybrid species.
Topic:
Economics, Education, Digital Economy, Higher Education, and Digital Revolution
Political Geography:
United States, Europe, Australia, and North America

12. The Fund for American Studies: Celebrating 50 Years of Educating Leaders Throughout the World

Author:
Roger R Ream
Publication Date:
03-2017
Content Type:
Journal Article
Journal:
The Ambassador's Review
Institution:
Council of American Ambassadors
Abstract:
In an interview a few years after he was awarded the Nobel Memorial Prize in Economic Sciences, F.A. Hayek expressed his strong belief that the climate of opinion mattered much more than current politics. Having engaged for more than half a century in the intellectual debate between socialism and freedom, he came to the following conclusion from his experience: So far as the movement of intellectual opinion is concerned, it is now for the first time in my life moving in the right direction….When I was a young man, only the really old men believed in a free market system. When I was in my middle age, almost I myself and no one else believed in it. Now I have the pleasure of having lived long enough to see the young people believe again in it. That is a very important change. Whether this comes in time to save the world, I don’t know.[1] The Fund for American Studies (TFAS) was founded in 1967 with a mission focused on influencing the intellectual climate in the world by giving young people entering leadership positions a balanced perspective on political and economic systems. It was founded in the heat of the Cold War and during a period of growing unrest and even violent upheaval on college campuses. Many of the founders of the organization were actively engaged in international programs, including former Congressman Walter Judd and political organizer David R. Jones. While TFAS cannot lay claim to the title of ending the Cold War or calming the campuses, TFAS alumni have gone on to play key roles in world and national events. Several have served in Congress, including two serving today, Sen. Claire McCaskill (MO) and Rep. David Rouzer (NC). When TFAS was incorporated in February 1967, the founding articles stressed several priorities, including granting scholarships for preparatory studies for careers in public service and journalism and for summer programs stressing leadership development and internship experience. A distinct objective was to encourage foreign travel and study to encourage youth “to compare the American way of life with that of peoples of other lands and to better understand the problems confronting our Government in the conduct of foreign affairs.” This last objective wasn’t realized until 1993, when TFAS developed overseas institutes where college students from the United States could study with young people from other regions in the world. TFAS now organizes summer programs in Prague, Czech Republic, Hong Kong and Santiago, Chile. Many of the graduates of these overseas programs are now in leadership positions in their countries, including the president of the Central Bank of Latvia, a deputy minister in Georgia, and numerous serving in diplomatic positions or elsewhere in government or international business. TFAS alumni are contrib­uting articles to foreign policy journals, covering breaking news throughout the world, and participating in democracy-building initiatives and conflict resolution programs.
Topic:
Education, Intellectual History, and Higher Education
Political Geography:
United States and North America

13. The Power of Rapid-Response Public Diplomacy: The IVLP On Demand

Author:
Monica Damberg-Ott
Publication Date:
03-2017
Content Type:
Journal Article
Journal:
The Ambassador's Review
Institution:
Council of American Ambassadors
Abstract:
The U.S. Department of State’s International Visitor Leadership Program, or IVLP, is often referred to as the “gold standard” of exchange programs within the public diplomacy community. The program celebrated its 75th anniversary in 2015, and more than 200,000 International Visitors have engaged with Americans through the IVLP, including more than 505 current or former Chiefs of State or Heads of Government,[1] since its inception in 1940. Margaret Thatcher, Hamid Karzai, and Indira Gandhi, to name just a few, are alumni. But with recent budget constraints and the need to demonstrate immediate, results-driven programming, the State Department’s Bureau of Educational and Cultural Affairs (ECA) is placing greater emphasis on its most flexible rapid-response exchanges. Among those programs is the highly adaptable and policy-responsive option: the IVLP On Demand. So how does it differ from the original model, how does it compare, and how might it help show results more quickly? Each year, nearly 5,000 exchange participants come to the United States on the IVLP,[2] a foreign policy tool that helps strengthen U.S. engagement with countries around the world and cultivates lasting relationships. The program connects current and emerging foreign policy leaders with their American counterparts through short-term visits to the United States. Ambassadors often chair the rigorous, annual selection committees that embassies overseas use to nominate key contacts viewed as leaders in their respective fields to participate in the program. Each embassy fills its “IVLP slate” with nominees whose participation in the program helps to advance the mission’s key bilateral or multilateral goals. The majority of IVLP exchanges include visits to four U.S. communities over three weeks, although projects vary based on themes, embassy requests and other factors. From D.C. to St. Louis, from Kalamazoo to Seattle, and everywhere in between, participants meet with professional counterparts, visit U.S. public- and private-sector organizations related to the project theme and participate in cultural and social activities. (Baseball games are usually a big hit!) The program benefits the U.S. economy as well—a large portion of the funding goes back to the states in the form of visitors’ hotels, restaurants, transporta­tion and tourism. The success of the program is in its diversity—regional, political, religious and thematic. As the Exchanges Coordinator for the Bureau of East Asian and Pacific Affairs, I had the opportunity to meet and brief nearly 2,000 International Visitors from 2014-2016. Government officials, teachers, judges, law enforcement officers, human rights activists and other leaders from all over Asia participated in programs exploring topics ranging from judicial reform to cyber-security, from disability rights to maritime security, from food safety to trade regulation. For most participants, the program is transformational. I saw it firsthand in their excitement and gratitude in being selected. I witnessed it in the questions they asked and the discussions that ensued. I read it in the emails I received months later from participants who said the program changed their lives and inspired them to start a project, set up a conference or draft legislation.
Topic:
Diplomacy, International Cooperation, and Economy
Political Geography:
United States and North America

14. Back to the Basics of Growth and Diplomacy: Four Questions to Answer

Author:
Curtis Chin
Publication Date:
09-2017
Content Type:
Journal Article
Journal:
The Ambassador's Review
Institution:
Council of American Ambassadors
Abstract:
If American diplomacy is not to be about freedom and democracy, let it be about economic freedom and growth. And let the United States once again lead by example. In September 2017, U.S. President Donald Trump took to the world stage, addressing the United Nations General Assembly for his first time. It was also a week in which the United States marked the 230th anniversary of the U.S. Constitution—a document that continues to serve as an example for nations around the world. Trump began with words of appreciation to leaders of nations who had offered assistance and aid to the United States following hurricanes that had struck Texas and Florida. The U.S. president then continued with a few sentences about the state of the American economy. “The stock market is at an all-time high, a record,” he said. “Unemployment is at its lowest level in 16 years, and because of our regulatory and other reforms, we have more people working in the United States today than ever before.” “Companies are moving back, creating job growth,” he added. Skeptics were plentiful on the cable television shows. But those would not be the words that captured global headlines and that would overtake social media posts around the world. Instead, it was Trump’s far-from-diplomatic language calling out the threat posed by North Korea, as well as the U.S. leader’s focus in part on Iran, Cuba and Venezuela, that dominated the news cycle and sent pundits—and some ambassadors—into a frenzy.
Topic:
Foreign Policy, Diplomacy, United Nations, and Economic Policy
Political Geography:
United States and North America

15. Twenty Years of the U.S.-Romanian Strategic Partnership

Author:
Hans Kiemm
Publication Date:
09-2017
Content Type:
Journal Article
Journal:
The Ambassador's Review
Institution:
Council of American Ambassadors
Abstract:
When Bill Clinton came to Bucharest in 1997, he made history as the first U.S. President to visit Romania since the fall of communism. Speaking to the Romanian public, he announced, “Your President and I have agreed to establish a strategic partnership between our nations, a partnership important to America because Romania is important to America—important in your own right and important as a model in this difficult part of the world. Romania can show the people of this region and, indeed, people throughout the world that there is a better way than fighting and division and repression. It is cooperation and freedom and peace. Our friendship will en­dure the test of time. As long as you proceed down democracy’s road, America will walk by your side.” This year marks the 20th anniversary of that U.S.-Romania Strategic Partnership, which President Donald Trump, during a meeting with President Klaus Iohannis this past June in Washington, said is now “stronger than ever.” The Partnership is unique because it is not based upon any written agreement, treaty, or compact, but by mutual respect and un­der­stand­ing, strengthened continuously over time. It is a friendship based on shared values and aspirations, including democracy, freedom, respect for human rights, and the rule of law. While usually invoked when speaking of government-to-government bilateral re­lations, the Partnership extends to people-to-people ties as well. More than 90 percent of the Romanian public rates relations with the United States as good or very good, and overall, associations between the two countries expand far beyond diplomatic obligation.
Topic:
NATO, Diplomacy, Military Strategy, and Diaspora
Political Geography:
United States, Europe, Eastern Europe, Romania, and North America

16. A Case for Intercultural Communication Training

Author:
Jason Frohnmayer
Publication Date:
09-2017
Content Type:
Journal Article
Journal:
The Ambassador's Review
Institution:
Council of American Ambassadors
Abstract:
It is a heck of a time to be an American diplomat. The work of diplomacy is never boring, but recently it seems like we can barely make it through a cup of coffee before someone calls a meeting to deal with an issue no one has ever faced. Public Diplomacy officers have it particularly hard as we endeavor to explain the United States’ position on issues and work to strengthen people-to-people relationships with those of other countries. The State Department’s diplomatic training center, the Foreign Service Institute (FSI), was created with an understanding of the importance of developing intercultural communication skills. This article advocates for an even greater emphasis on this critical training as FSI examines its curriculum. Out of all five cones of Foreign Service Officer Generalists, Public Diplomacy (PD) officers are called upon most often to interact with people of another culture. The heart of our work is building cross-cultural relationships. Success requires a high level of in­ter­cultural communication competence (ICC). FSI offers several distance-learning courses on cross-cultural communication, including “Communicating Across Cultures” and “Culture and Its Effect on Communication,” as well as offering training on considera­tion of foreign audiences, which is a component of cultural affairs tradecraft required for Cultural Affairs Officers. If PD officers are going to build relationships with skeptical foreign audiences, they should be armed with the best tools, which should include a dedicated focus on intercultural communication theories.
Topic:
Diplomacy, Communications, Culture, and Military Affairs
Political Geography:
United States and North America

17. The United States and the European Union: Essential Partners in a Turbulent World

Author:
Anthony Luzzatto Gardner
Publication Date:
03-2016
Content Type:
Journal Article
Journal:
The Ambassador's Review
Institution:
Council of American Ambassadors
Abstract:
Four years ago the European Union won the Nobel Peace Prize for the “over six decades [in which it has] contributed to the advancement of peace and reconciliation, democracy, and human rights in Europe.” How quickly the mood has changed. While it has become fashionable to charge that the European Union is on the verge of collapse in the face of dire current challenges, rumors of the European Union’s demise would appear premature. The successes achieved in 2015, as well as the potential future areas of good news, are frequently underappreciated. The United States is firmly committed to investing in its relationship with the European Union. This is a partner­ship that delivers, as it will bring dividends to both the United States and the European Union for the long term. The aphorism of Jean Monnet, the key Founding Father of the European Union, that “Europe will be forged in crises, and will be the sum of the solutions adopted for those crises” has proven to be correct. The serious strains put on the European Union during this past year because of multiple terrorist attacks—most recently in Brussels on March 22—and the unprecedented migrant flow is already resulting in significant pooling of sovereignty by member states, like in the fields of law enforcement and border protection. Europe’s unity has countered Russia’s violation of the post-War norm against changing borders by force, and the United States and the European Union are working intensively on many regional and global challenges. First and foremost, the United States and the European Union are focused on creating more economic opportunities on both sides of the Atlantic with a comprehensive trade deal, the Transatlantic Trade and Investment Partnership (TTIP). The United States and the European Union already have a broad and deep economic partnership, the largest trade relationship in the world, accounting for almost one third of global trade and supporting about 14 million jobs. We have invested over $4 trillion in each other’s economies (which combined account for almost half of world GDP). TTIP is an opportunity to fine tune that relationship in a common-sense way to unlock opportunities to support jobs and fuel growth on both sides of the Atlantic, while maintaining our high standards for protection of health, safety, labor conditions, and the environment. Through TTIP, the United States and the European Union can strengthen our respective economies and extend our strategic influence if we choose to lead on global trade rather than be left on the sidelines. There really is no other choice. Since last Fall, we have exchanged second tariff-eliminating market access offers (removing all but three percent of tariffs) and proposals for services market access and government procurement. We have made significant progress in tabling text in almost all chapters and hope to have consolidated text for the entire agreement by July, which would line up the most difficult issues for negotiation and decision through the Fall. Despite some of the more pessimistic predictions, it remains an achievable goal to reach a high standard comprehensive agreement under the Obama administration (although ratification in Europe and passage into law in the United States would take place under the next US President). Working with member states, the European Commission has also made significant contributions to the creation of an integrated energy market—a requirement for healthy economies—in which gas and electricity flow more freely among the member states. The European Commission has also tabled its first proposals to deepen and broaden Europe’s capital markets and to stimulate investment in critical infrastructure. To address one of the Eurozone’s fundamental structural weaknesses, the Commission has nearly completed the creation of a banking union. And looking to the future, the European Commission has launched an ambitious Digital Single Market strategy aimed at reducing national barriers to the creation of a true single market for the delivery of digital services. We are supportive of all of these critical initiatives because they enhance European security and growth potential, as well as provide opportunities for transatlantic investment and collaboration. At the same time, we have made great strides to modernize and reform our relationship in other areas related to data, the most recent example being the conclusion of the US-EU Privacy Shield, which replaces the fifteen-year-old Safe Harbor framework with a new set of robust and enforceable protections for the personal data of EU individuals. The Privacy Shield provides transparency regarding how participating com­panies use personal data, strong US government oversight, and increased cooperation with EU data protection authorities (DPAs). While the United States and the European Union are working closely together to reinforce economic and commercial ties, coordination on political efforts is as robust—and as necessary—as ever. For example, the European Union played a vital role in close collaboration with US leaders to produce the historic agreement limiting Iran’s nuclear ambitions and the historic agreement in Paris on climate change. Moreover, the European Union quickly announced and repeatedly renewed, in close partnership with the United States, a set of extensive sanctions against Russia in response to Russia’s occupation and attempted illegal annexation of Crimea and aggression in the Donbas region of Eastern Ukraine. Even a few years ago, few would have considered that possible because of the radically different historical perspectives and economic ties that the 28 member states have with Russia. Despite occasional talk of engaging Russia with conciliatory gestures, Europe has thus far resisted the Kremlin’s efforts to divide the member states or to split Europe from the United States. Like the United States, the European Union continues to support reformists in the Government of Ukraine and Ukrainian civil society. Our diplomatic missions in Kyiv and in Brussels cooperate closely on providing financial support, in-kind assistance and training, and exposing and countering disinformation. The United States and the European Union both support independent media and nongovernmental organizations; both support the aspiration of the Ukrainian people to live free in a stable, prosperous, and independent state governed by the rule of law rather than by lawless oligarchs. For over a year, challenges in developing a comprehensive European response to unprecedented, irregular refugee and migration flows have been the European Union’s most serious concern. The European Union is well aware that it must manage this issue in order to demonstrate its effectiveness and relevance. As a country of immigrants that has also taken in many refugees, the United States is supporting the European Union’s efforts by providing humanitarian assistance and sharing its experience in areas such as border control and the identification, resettlement, and integration of refugees. If Europe manages to support the integration of refugees and open its labor markets, the positive economic impact could prove substantial. The European Commission estimates that overall migrant inflows will add additional regional growth of 0.2 to 0.3 percent of GDP by 2020. According to the estimates, Germany could see an increase of GDP of about 0.4 percent in 2016 and 0.7 percent by 2020. Many economists believe that, if assimilated well, the refugee and migrant inflow could be a critical antidote to Europe’s looming demographic time bomb—a rapid inversion of the age pyramid whereby working age people are supporting greater numbers of retirees on pensions. By mid-century the ratio will have shrunk by half to 2:1, endangering the stability of social security systems. We are also collaborating closely on terrorism and countering violent extremism (CVE), including the fight against Daesh and the threat posed by foreign fighters who travel to and from Syria and Iraq. The United States welcomes the European Union’s development of a common EU Passenger Name Record system and looks forward to its approval in the European Parliament soon. The United States has engaged the European Union in helping border security officials get access to the information they need to prevent acts of terrorism by foreign terrorist fighters. As the United States has introduced new security enhancements in its Visa Waiver Program (VWP), a key counterterrorism tool, we are working closely with both the European Union and member states partici­pating in VWP to insure that our travelers and citizens are safe from terrorist threats. Similarly, we have increased law enforcement cooperation with the European Union to enhance security and decrease crime for our citizens on both sides of the Atlantic. Far from weakening the European Union or transatlantic cooperation, the threat of terrorism has encouraged stepped-up joint CVE efforts. The March 22 attacks on the Brussels Airport and metro and the November 2015 attacks in Paris struck not only the residents of those cities, but also international victims and were carried out by multinational terrorists. Along with attacks in Denmark, Turkey, and other parts of Europe, they prompted greater intra-European and transatlantic law enforcement and security cooperation, and demonstrated starkly why such cooperation is essential. Whether sharing infor­mation on the movement and activities of suspected terrorists or combating illicit financial transactions by these and other criminals, we have a shared desire to protect our citizens and strengthen key institutions like Europol. In cases like rescuing children from child sexual exploitation rings, where it’s important to seek the shortest possible interval between discovering the crime and putting an end to it, we have seen good results. Operations that once took years to organize can now take mere months or less through the working relationship US law enforcement has developed with European authorities. After being forced by the Inquisition to recant his view that the earth rotates around the sun, Galileo Galilei allegedly whispered: “Eppur si muove” (and yet it moves). To many observers the European Union may appear immobile; and yet it moves. If it struggles to meet some of the challenges it currently faces, this is a reflection of the scope and number of those challenges, not the resilience of the Union. The United States stands shoulder to shoulder with the European Union as a partner, ready to face together the many regional and global challenges that we share. In preparing for future challenges, we continue to work together to ensure a better future for people on both continents (and elsewhere), whether in pursuing nuclear nonproliferation, combating climate change, terrorism, and military aggression, or in furthering trade rules that set high standards and rule of law for all. This is a partnership that delivers on a number of fronts; the European Union will continue to be an essential partner for the United States in an increasingly turbulent world.
Topic:
Diplomacy, International Cooperation, European Union, and Trade
Political Geography:
United States, Europe, and North America

18. IN3 - Incubating a New Spain through the Promotion of Entrepreneurship

Author:
James Costos
Publication Date:
09-2015
Content Type:
Journal Article
Journal:
The Ambassador's Review
Institution:
Council of American Ambassadors
Abstract:
Helping entrepreneurs grow their businesses and achieve their full potential is in the interest of anyone who wants to foster prosperity worldwide—that’s why it’s an Obama administration priority. Growth anywhere does some good everywhere, and the fact is that entrepreneurs create jobs and drive economic growth both at home and abroad. In the United States, 40 percent of our $17 trillion economy is generated by companies that did not even exist 20 years ago. Two-thirds of our 65 months of consecutive job growth is driven by small businesses. The owners of those businesses—28 million and growing—employ over half of America’s workforce. As our missions work to expand the global economic recovery, one of the most effective tools we have at our disposal is the promotion of entrepreneurship—a quintessential American value. By deepening the connections between the entrepreneurial ecosystems of the United States and our partners overseas, we can grow our economies, create jobs, and support businesses that will have lasting impact and create prosperity. The good news is that this is easy to do, because the world is more interconnected than ever before. We benefit from unprecedented opportunities to help entrepreneurs access the capital, resources, and networks they need to succeed. We also have the strong support and leader­ship of President Obama, who is personally committed to promoting entrepreneurship worldwide. Spain is a country with a strong and growing entrepreneurial spirit, a plethora of talent, and solid business networks. Although it is starting to emerge from economic crisis, there is still much work to be done to ensure Spain’s continued recovery. The United States Mission is doing its part to consolidate the country’s economic progress by helping a new generation of entrepreneurs achieve their full potential, and generate jobs and eco­nomic growth. We have established a strong partnership with TeamLabs, an organization that teaches the concept of entrepreneurship and engages with thousands of high school students across all regions of Spain. We have produced animated videos for youth called You®Company which tell real life stories of Spanish and US entrepreneurs while exploring the values of motivation, innovation, corporate social responsibility, failure, and critical thinking. We have also organized an Alumni Mentoring Program that we use to link up business leaders, prominent entrepreneurs, and alumni of United States Embassy exchange programs to coach aspiring entrepreneurs and help them build their network of contacts. This past June, we took our entrepreneurship programs to a new level with the launch of IN3 (IN-cubed)—Innovators, Investors, and Institutions—in partnership with Google and Chamberi Valley, a Spanish entrepreneurship association. Aimed at promoting entre­preneur­ship and investment in Spain, IN3 was the first community event hosted at Campus Madrid, one of only a handful of Google spaces around the world where entrepre­neurs can learn, connect, and build companies that will change the world. In August 2015, the International Monetary Fund released a report stating that Spain has more obstacles to entrepreneurship than any other European country. IN3 directly addressed these challenges by bringing together Spanish and American innovators, investors, and institutions to discuss common challenges and solutions for scaling-up interna­tional companies. The event provided Spanish entrepreneurs the opportunity to hear from leading US counterparts and tech investors on how to overcome institutional and investment challenges that inhibit business growth. It also offered US entrepreneurs the chance to explore areas of potential collaboration with their Spanish counterparts and learn from their experiences expanding into other European and Latin American markets. It provided a forum where entrepreneurs and policymakers exchanged ideas on the best ways to promote the creation of new businesses and help successful companies grow. Finally, it allowed US and Spanish innovators the opportunity to discuss their experiences with senior Spanish government officials. Through these interactions, IN3 helped to equip entrepre­neurs with the tools they need to overcome the challenges of expanding their businesses—from finance, to mentorship, to regulations. I was honored to be joined at IN3 by the Administrator of the United States Small Business Administration Maria Contreras-Sweet, Google Executive Chairman Eric Schmidt, His Majesty King Felipe VI of Spain, and leaders from the Spanish government. With their support, we elevated the importance of entrepreneurship and the crucial role entrepreneurs play in driving growth and creating jobs in Spain. Our message reached an audience of 53 million people in Spain through local media exposure, another 3.25 million on Twitter, and became a top-trending topic on US social media. Not only did the conference promote entrepreneurship and bilateral investment opportunities to a diverse audience, but IN3 generated real investment and new business growth for Spanish and US firms. For example, Opinno, the consulting and events firm that produced IN3, established new ties with US design thinking firms and academic institutions and plans to partner with these organizations to propel their international expansion. Several new investments were made in small and medium-sized Spanish companies, totaling hundreds of thousands of dollars, and the Embassy continues to hear of additional business sparked by the conference.
Topic:
Economics, Entrepreneurship, Recovery, and IMF
Political Geography:
United States, Europe, Spain, and North America

19. Engaging the Swiss on Apprenticeships: Economic Diplomacy with Results Back Home

Author:
Susan G. LeVine
Publication Date:
09-2015
Content Type:
Journal Article
Journal:
The Ambassador's Review
Institution:
Council of American Ambassadors
Abstract:
One of the core priorities for the State Department and for the Obama administration overall is shared prosperity because, as Secretary Kerry frequently points out, “Economic policy is foreign policy.” The United States firmly believes that, by growing bilateral economic ties, the United States as well as the host country will prosper. The metrics around our economic relationship with Switzerland are a perfect example of that: Switzerland is one of the top ten foreign direct investors in the United States and number one in research and development; the United States has been the largest growth market for Swiss exports over the past five years; and Swiss companies generate almost half a million jobs in the United States—really great jobs with an average salary of $100,000 per year. With those ties in mind, I set out to meet with Swiss companies of all kinds to understand how they do business in Switzerland and how to deepen their investment in the United States. What I learned in the course of that exploration will, I believe, profoundly and positively affect both countries economically, and also have a positive effect on the world.
Topic:
Foreign Policy, Diplomacy, Economics, Economic Cooperation, and Job Creation
Political Geography:
United States, Europe, Switzerland, and North America