The U.S.-China Economic and Security Review Commission issued its 2010 Annual Report, a scathing indictment of China’s mercantilist economic growth strategy.
This report benchmarks clean energy competitiveness in four nations: China, Japan, South Korea and the United States.
In a recent Huffington Post blog posting, Rob Atkinson argues that, instead of embracing growth policies to raise productivity in all the sectors of its economy, China, like many developing nations, has erected neo-mercantilist policies designed to favor a few select export sectors. Not only are these trade practices unfair, but they are not the best way to raise living standards – in China and elsewhere. It’s time to develop a new global consensus that domestic productivity growth should be the key focus of economic policy in every nation.