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Five Ways to Strengthen North America
The visit of Canadian Prime Minister Justin Trudeau to Washington this week once again puts the North American alliance in the spotlight. Canada, the United States, and Mexico each gain from this alliance, as the Bush Institute’s recent North American Competitiveness Scorecard highlights. But it will take strategic policy choices to make sure we prosper even more from our unique geography and shared heritage.
Empower entrepreneurs and reduce uncertainty by reforming the U.S. Presidential Permit process
Building a road or pipeline across our borders requires a political determination by the State Department that the project is in the national interest. The resulting scrum of lobbyists and consultants tends to favor the best-connected and best-funded, not necessarily the project that would best increase productivity and competitiveness.
A reform of this process would reduce the cost of developing infrastructure like roads, rail lines, bridges, and pipelines that cross the borders of North America. The reform also would make U.S. manufactured goods more globally competitive and secure manufacturing jobs.
Encourage private capital to invest in infrastructure across borders
This kind of investment will empower the market to drive priorities and strengthen the competitiveness of our supply chains. The result will be a reduction in unnecessary delays, again making our manufactured goods more competitive and securing manufacturing and logistics jobs. As we talk about a major investment in general infrastructure, it is important to ensure that cross-border infrastructure is able to support our global competitiveness.
Promote a regional approach to developing workforce standards and certification
Varying standards raise the cost of recruiting and training, depressing productivity and incomes. Higher standards developed with private sector leadership will boost productivity of labor, similarly making our manufactured goods more competitive and securing manufacturing and logistics jobs.
Strengthen cooperation on regulations
We need better cooperation on regulations of products from cars to jellybeans to eliminate and prevent the emergence of standards that differ without enhancing health or safety. These strategies will reduce production costs, further strengthening competitiveness of our products and securing manufacturing jobs.
Ensure consistency of safety standards in the exploration, production, refining, and distribution of energy
Common standards will reduce the cost of energy, further strengthening our manufacturing competitiveness and securing manufacturing and logistics jobs.
These policies would strengthen our manufacturing base while preserving the competitive advantages of trade with our Canadian and Mexican neighbors. They could also open new job opportunities as they boost production and productivity.
Matthew Rooney joined the Bush Center in June 2015 following a career as a Foreign Service Officer with the U.S. Department of State. At postings in Washington and abroad, he focused on advocating market-driven solutions to economic policy challenges in both industrialized and developing countries, and on protecting the interests of U.S. companies abroad.
In Washington, Rooney was on loan to the U.S. Chamber of Commerce to create a high-level private sector advisory body for the Summits of the Americas, working closely with the U.S. private sector and with companies and business associations from throughout the Americas to negotiate an agenda to promote economic integration in the region. Previously, he was Deputy Assistant Secretary responsible for relations with Canada and Mexico and for regional economic policy. In prior Washington assignments, Rooney worked for then-Senator Fred Thompson, and supported negotiations to open global markets to U.S. airline services.
Abroad, Rooney was Consul General in Munich, a Consulate General providing a full range of Consular and export promotion services, supporting a permanent presence of 30,000 U.S. forces in two major base complexes, and carrying out a media and public relations initiative in support of U.S. diplomatic objectives in Germany. As Counselor for Economic and Commercial Affairs at the U.S. Embassy in San Salvador, El Salvador, he laid the groundwork for free trade negotiations between the United States and the five countries of Central America, and promoted market-based reforms for electrical power. Prior to this, he served in various posts in Germany, Gabon and Côte d’Ivoire.
Rooney studied Economics, German and French at the University of Texas at Austin and received his Master’s Degree in International Management at the University of Texas at Dallas.Full Bio
TARIFF-IED: Trade Talk with Matthew Rooney
This week, trade relations between the U.S. and India are continuing to escalate. Earlier this month, the U.S. stopped granting India special trade privileges by taking away the Generalized System of Preferences (GSP) program, and India has responded by enforcing more tariffs of its own. The George W. Bush-SMU Economic Growth Initiative Director Matthew Rooney breaks down the trade conflict: For more information on trade groups and the global economy, visit www.bushcenter.org/scorecard.
How Trade Spreads Holiday Cheer
It is projected that the average American household will spend more than $1,000 during the holidays this year.
Deporting Salvadorans May Lead to Economic Decline
We should think carefully about a policy whose major impacts are likely to be reductions in employment and economic activity here at home, and increased instability and lawlessness along our borders.
Bush Institute's Laura Collins Talks Immigration on Good Morning Texas
Last week, Deputy Director of Economic Growth at the George. W. Bush Institute Laura Collins spoke with Good Morning Texas about immigration myths. During the interview, Collins had the opportunity to set the record straight and address common misconceptions about legal immigrants living in America today. The segment was inspired from facts released earlier this fall by the Bush Institute in the third edition of America's Advantage: A Handbook on Immigration and Economic Growth. Watch the full Good Morning Texas interview here.