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Home arrow eBook Categories arrow Economics arrow Rising Above the Gathering Storm

Rising Above the Gathering Storm

Wednesday, 04 February 2009

Rising Above the Gathering Storm: Energizing and Employing America for a Brighter Economic FutureRising Above the Gathering Storm: Energizing and Employing America for a Brighter Economic Future

In a world where advanced knowledge is widespread and low-cost labor is readily available, U.S. advantages in the marketplace and in science and technology have begun to erode. A comprehensive and coordinated federal effort is urgently needed to bolster U.S. competitiveness and pre-eminence in these areas.

This congressionally requested report by a pre-eminent committee makes four recommendations along with 20 implementation actions that federal policy-makers should take to create high-quality jobs and focus new science and technology efforts on meeting the nation's needs, especially in the area of clean, affordable energy:

1) Increase America's talent pool by vastly improving K-12 mathematics and science education;
2) Sustain and strengthen the nation's commitment to long-term basic research;
3) Develop, recruit, and retain top students, scientists, and engineers from both the U.S. and abroad; and
4) Ensure that the United States is the premier place in the world for innovation.

Some actions will involve changing existing laws, while others will require financial support that would come from reallocating existing budgets or increasing them. Rising Above the Gathering Storm will be of great interest to federal and state government agencies, educators and schools, public decision makers, research sponsors, regulatory analysts, and scholars.

About Authors:
Committee on Prospering in the Global Economy of the 21st Century: An Agenda for American Science and Technology, National Academy of Sciences, National Academy of Engineering, Institute of Medicine

Read Rising Above the Gathering Storm: Energizing and Employing America for a Brighter Economic Future Online

Hardcover: 592 pages
Publisher: National Academies Press (March 8, 2007)
Language: English
ISBN-10: 0309100399
ISBN-13: 978-0309100397

EXECUTIVE SUMMARY
The United States takes deserved pride in the vitality of its economy, which forms the foundation of our high quality of life, our national security, and our hope that our children and grandchildren will inherit ever-greater opportunities.

That vitality is derived in large part from the productivity of well-trained people and the steady stream of scientific and technical innovations they produce. Without high-quality, knowledge-intensive jobs and the innovative enterprises that lead to discovery and new technology, our economy will suffer and our people will face a lower standard of living. Economic studies conducted even before the information-technology revolution have shown that as much as 85% of measured growth in US income per capita was due to technological change.

Today, Americans are feeling the gradual and subtle effects of globalization that challenge the economic and strategic leadership that the United States has enjoyed since World War II. A substantial portion of our workforce finds itself in direct competition for jobs with lower-wage workers around the globe, and leading-edge scientific and engineering work is being accomplished in many parts of the world. ...

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