Moving the Trans-Atlantic Economic Council from Potential to Performance

By Maibach, Michael | Hampton Roads International Security Quarterly, January 1, 2010 | Go to article overview

Moving the Trans-Atlantic Economic Council from Potential to Performance


Maibach, Michael, Hampton Roads International Security Quarterly


Good afternoon Madam Chairwoman and Senators. Thank you for inviting me. It is an honor to be here. My name is Michael Maibach, President and CEO of the European-American Business Council. We were founded in 1989 and have offices in Washington and Brussels. We represent 70 global companies, including 40 US and 30 European- based enterprises. Our companies possess cutting edge, competitive skills in the service of people across the globe. These skills include how to successfully collaborate with commercial and governmental partners across national and sectoral lines to drive economies of scale, promote innovation and meet the needs of customers in ways only possible because of these partnerships. These are the kind of skills, insights and best practices US officials must hone to keep us competitive in an exceptionally competitive world. The strategic skills I'm referring foster trans-national regulatory collaboration in ways which enhance investment and innovation. The pressure to hone these skills is coming from the forces of globalization. Of course, globalization has been with us since at least Columbus and Magellan. However, ever since the Berlin Wall came down globalization has been tumbling faster and faster through the streets of every nation, through the board rooms of every enterprise, and through the halls of every government on the planet. Today globalization is being driven by twin strategic vectors: First - China: After the Berlin Wall came down China embraced capitalism. This change in China caused India to throw open its doors to global markets, as well. Over night the world had 3 billion new capitalists competing for the future. Economic forces of historic proportions were set in motion. Compounding the impact of China and India have been several accelerants of change: Moore's Law of Computing has combined with Metcalf's Law of Networks to create the trans-national tsunami we call the Internet. Since 1947 the WTO has expanded from 23 to 139 nations tearing down centuries- old barriers to trade, investment, innovation and competition. And the world's population has doubled since John Kennedy was elected President. In summary, everything is changing, everywhere, very, very quickly. The world's vertical chess board has been flipped on to a horizontal axis. This means that every enterprise and every government survives and thrives in part because of the quality of its "horizontal partnerships". Government-to-government, company-to- company and government-to-industry collaboration are now fundamental to economic success in the 21st century. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

Moving the Trans-Atlantic Economic Council from Potential to Performance
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.