1. 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