Imports, Exports, and the American Worker

By Susan M. Collins | Go to book overview

ONE
Economic Integration and the American Worker: An Overview

Susan M. Collins

HEADLINES ANNOUNCING the end of the American dream have appeared in newspapers nationwide. The articles beneath these headlines paint a picture of deteriorating experiences and prospects for many American workers, with stagnant (or falling) wages and growing job insecurity. The same articles often highlight growing U.S. international linkages-- in particular, U.S. interactions with countries whose workers earn considerably less than American workers--as a principal cause of these difficulties.

Are American workers doing poorly? If so, is growing internationalization of the U.S. economy a primary cause? Which policy interventions, if any, are desirable? Does the importance of international factors matter when assessing policy options?

____________________
The author benefited from discussions with project contributors. Special thanks are due to Jagdish Bhagwati, Barry Bosworth, Gary Burtless, Ed Leamer, and Robert Litan. Research assistance by Lin Lin, Kathleen McDill, Elaine Zimmerman, and especially Gabi Loeb is gratefully acknowledged. The views expressed here are those of the author and should not be ascribed to the institutions or individuals named here.

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