U. S. Competitiveness and Trade Policy in the Global Economy
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| Hersteller: | Forgotten Books (Affairs, Committee on Banking Housing) |
| Stand: | 2015-08-04 03:50:33 |
Produktbeschreibung
Excerpt from U. S. Competitiveness and Trade Policy in the Global Economy: Before the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Third Congress, Second Session on the Challenges Posed by the Integration of World Capital Markets and How the United States Should Respond to Those Challenges The Committee met at 10:10 a.m., in room SD-538 of the Dirksen Senate Office Building, Senator Donald W. Riegle, Jr. (Chairman of the Committee) presiding. Opening Statement Of Chairman Donald W.Riegle, Jr. The Chairman.The Committee will come to order. Let me welcome all those in attendance today. In starting today´s hearing, I want to put this hearings very important discussion of American competitiveness in an historic context with respect to the work of this Committee over the last several years. It was nearly 6 years ago in July 1989 - 5 1/2 years ago - that the Banking Committee here conducted the first of what have since been nearly 40 hearings in this Committee room during my Chairmanship to look at the issue of the American competitive position in the global economy. At that very first hearing, which laid the foundation for these now over 40 hearings that have occurred, I said the following, and I quote: Over the years, I along with many others have become increasingly concerned about the competitiveness of many of our most important industries, and more generally about tne ability of the United States to compete efrectively in the international marketplace. This has important ramifications not only for our standard of living but also for our national defense and our long-term economic and military security. This topic will be a dominant theme of the period of time of my Chairmanship, and it is my intention to hold a comprehensive set of hearings on these issues. Since then, the Banking Committee has conducted extensive hearings on a bipartisan basis, with the cooperation of Senator D´Amato and before that Senator Garn, to examine various facets of Americas position in the world economy. We have had now over 100 distinguished witnesses who have appeared before us. They include, of course, the chairmen of many major American corporations, such individuals as Donald Petersen, then chairman of Ford Motor Company; Stanley Pace of General Dynamics; Robert Galvin of Motorola; Charles Corey of U.S. Steel; Rand Arisgog of It T;and Norman Augustine of Martin Marietta. The Committee also invited several Nobel Prize economists to testify, such as Paul Samuelson and Lawrence Klein. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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