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The Year in Review for the Bush Institute's Economic Growth Initiative
The Economic Growth program launched the North America Competitiveness Initiative this year, an exciting effort to promote the economic competitiveness of the United States, Canada, and Mexico. Two major components of this initiative are the North America Working Group and the North America Competitiveness Scorecard.
The North America Working Group
In September, the Bush Institute convened the first session of the North America Working Group to analyze areas where the U.S., Canada, and Mexico can improve economic integration and develop policy proposals that will address these areas. Comprised of academics, business leaders, government officials, and thought leaders from each country, the Working Group identified three areas we can address to strengthen North America: energy, border infrastructure, and human capital. The Working Group will continue to develop policy proposals in 2016 and plans to release a set of specific policy proposals in the spring.
In November, the Working Group convened again in conjunction with the second major component of the North America Competitiveness Initiative—the North America Competitiveness Scorecard. The Scorecard shows the economic competitiveness of the North American region relative to the rest of the world. In particular, the Scorecard found that, as a group, Canada, Mexico, and the U.S. outperform the world’s other major regions, including the EU, Mercosur, and APEC.
North America earns a B+ on the Scorecard—weighted by GDP, North America gets an A. Only three economies outperform North America—Singapore (A+), Hong Kong (A+), and Germany (A).
Far from popular rhetoric, the U.S. and North America are not uncompetitive with the rest of the world. In fact, China scores only a D and Russia a D+. The Bush Institute partnered with the Dallas Morning News to launch the Scorecard in November 2015.
Below is a clip of President Bush's remarks at the Scorecard unveiling.
Domestic Excellence: A Look Back at 2018
As we look back on 2018, we celebrate some of the top moments from the Bush Institute’s work in domestic excellence.
Policy Recommendations: Bolstering America's Economy through Trade
Strengthening North America strengthens the United States
Two-Minute Take: NAFTA vs. USMCA
The United States-Mexico-Canada Agreement makes substantial changes to modernize trade rules in effect from 1994. What are these modifications and what do they mean for Americans?
El Paso del Norte, A Cross-Border Community
Reporting on their recent trip to El Paso, Matthew Rooney, managing director of the Bush Institute-SMU Economic Growth Initiative, and William McKenzie, editorial director of the Bush Institute, explain why El Paso del Norte points to both the challenges and potential benefits of the close relationship between the United States and Mexico.