US dock strike unlikely to be repeated

Significance The slowdown led to extreme backlogs at the ports, which are responsible for about 45.0% of containerised cargo in the United States and goods representing 12.5% of GDP. Importers and exporters are concerned that the tactic of an economically-damaging slowdown or complete work stoppage may be repeated at the end of the contract, or at ports on the East or Gulf Coasts. Impacts The economic impact of the slowdown is calculated to have cost GDP one percentage point in the fourth quarter of 2014. State actions against unions will provide case studies for examining their impact on wage levels. The segmentation of the US economy has made low-income workers suited for greater unionisation. However, they are also most vulnerable to employer action and less able to withstand strikes.

Subject Prospects for the US economy in 2017. Significance In recent years, the United States has become accustomed to sub-par 2% GDP growth and sustained low inflation. However, following disappointing performance in 2016, the US economy is poised for a moderate rebound in growth in 2017.


Subject Exploring the US current account beyond goods trade. Significance The US administration is focusing on the goods trade deficit to measure how well the country is doing in international transactions and to determine foreign economic policy. However, this ignores the many other transactions that cross the nation’s borders. For example, the United States is the world’s largest exporter of services. Moreover, trade is just one part of the current account, which also includes investment income and labour compensation. Financial flows are also important, dominating advanced countries international transactions since the 1980s and driving US exchange rates, trade balances and national savings. Impacts A permanently higher dollar due to the desire of investors to buy US assets will keep the US goods balance in deficit despite trade policy. The US economy is services-driven -- trade in services will grow as a share of US international transactions. An undue focus on manufacturing and goods trade places the US economy at risk of higher costs and slower productivity gains and GDP growth. To meet and diversify demand to invest in the United States, new safe assets including infrastructure bonds may emerge to fund projects.


Subject Remittances to Latin America. Significance Family remittances to Latin America and the Caribbean (LAC) totalled 80 billion dollars in 2017, up from 74 billion in 2016. The record amount was mainly due to a robust economy and increasing employment opportunities in the United States. Impacts The US economy will again drive remittances growth this year, but immigration crackdowns could create downside risks. The slow reduction in sending costs will limit the development impact of remittances in LAC and other developing nations. So-called de-risking and regulatory burdens are high obstacles to remittances growth.


2020 ◽  
Vol 26 (3) ◽  
Author(s):  
Linda J. Bilmes

AbstractThe United States has traditionally defined national security in the context of military threats and addressed them through military spending. This article considers whether the United States will rethink this mindset following the disruption of the Covid19 pandemic, during which a non-military actor has inflicted widespread harm. The author argues that the US will not redefine national security explicitly due to the importance of the military in the US economy and the bipartisan trend toward growing the military budget since 2001. However, the pandemic has opened the floodgates with respect to federal spending. This shift will enable the next administration to allocate greater resources to non-military threats such as climate change and emerging diseases, even as it continues to increase defense spending to address traditionally defined military threats such as hypersonics and cyberterrorism.


Significance Follow-on action from Washington and responses from foreign actors will shape the US government’s adversarial policy towards China in semiconductors and other strategic technologies. Impacts The Biden administration will likely conclude that broad-based diversion of the semiconductor supply chain away from China is not feasible. The United States will rely on export controls and political pressure to prevent diffusion to China of cutting-edge chip technologies. The United States will focus on persuading foreign semiconductor leaders to help develop US capabilities, thereby staying ahead of China. Washington will focus on less direct approaches to strategic technology competition with China, notably technical standards-setting. Industry leaders in the semiconductor supply chain worldwide will continue expanding business in China in less politically sensitive areas.


Significance The growing numbers of senior citizens in the United States, their rapidly increasing adoption of social media and their high levels of voter turnout make their vulnerability to disinformation a matter of special concern. Other advanced democracies likely mirror the US experience. Impacts Older US adults' use of television as their primary news source may provide some bulwark against being targeted by disinformation online. The rapid evolution of news distribution technologies will challenge older adults used to a more slowly changing media landscape. Further research is necessary to determine the causes of age-based vulnerability and levels of resilience.


2014 ◽  
Vol 73 (3) ◽  
pp. 267-276 ◽  
Author(s):  
Susan Greenhalgh ◽  
Megan Carney

For years now, the United States has faced an "obesity epidemic" that, according to the dominant narrative, is harming the nation by worsening the health burden, raising health costs, and undermining productivity. Much of the responsibility is laid at the foot of Blacks and Latinos, who have higher levels of obesity. Latinos have provoked particular concern because of their rising numbers. Michelle Obama's Let's Move! Campaign is now targeting Latinos. Like the national anti-obesity campaign, it locates the problem in ignorance and calls on the Latino community to "own" the issue and take personal responsibility by embracing healthier beliefs and behaviors. In this article, we argue that this dominant approach to obesity is misguided and damaging because it ignores the political-economic sources of Latino obesity and the political-moral dynamics of biocitizenship in which the issue is playing out. Drawing on two sets of ethnographic data on Latino immigrants and United States-born Latinos in southern California, we show that Latinos already "own" the obesity issue; far from being "ignorant," they are fully aware of the importance of a healthy diet, exercise, and normal weight. What prevents them from becoming properly thin, fit biocitizens are structural barriers associated with migration and assimilation into the low-wage sector of the US economy. Failure to attain the normative body has led them to internalize the identity of bad citizens, assume personal responsibility for their failure, naturalize the conditions for this failure, and feel that they deserve this fate. We argue that the blaming of minorities for the obesity epidemic constitutes a form of symbolic violence that furthers what Berlant calls the "slow death" of structurally vulnerable populations, even as it deepens their health risks by failing to address the fundamental sources of their higher weights.


Significance The US-led diplomatic boycott of the Winter Olympics in February will increase the pressure on US companies to decide whether China or the United States is their more valuable market. Some of that pressure to decide is coming from employees and customers in both countries. Impacts More frequent and sharper confrontations between US companies and China could accelerate the decoupling of the two economies. Renewed emphasis on human rights concerns will encourage the further shifting of some supply chain elements out of China. Consumer brands are particularly vulnerable to human rights concerns, as are their suppliers.


2020 ◽  
Vol 72 (4) ◽  
pp. 625-652 ◽  
Author(s):  
Jairo Buitrago Ciro ◽  
Lynne Bowker

PurposeThis is a comparative investigation of how university libraries in the United States, Canada and Spanish-speaking Latin America are responding to predatory publishing.Design/methodology/approachThe Times Higher Education World University Rankings was used to identify the top ten universities from each of the US and Canada, as well as the top 20 Spanish-language universities in Latin America. Each university library's website was scrutinized to discover whether the libraries employed scholarly communication librarians, whether they offered scholarly communication workshops, or whether they shared information about scholarly communication on their websites. This information was further examined to determine if it discussed predatory publishing specifically.FindingsMost libraries in the US/Canada sample employ scholarly communication librarians and nearly half offer workshops on predatory publishing. No library in the Latin America sample employed a scholarly communication specialist and just one offered a workshop addressing predatory publishing. The websites of the libraries in the US and Canada addressed predatory publishing both indirectly and directly, with US libraries favoring the former approach and Canadian libraries tending towards the latter. Predatory publishing was rarely addressed directly by the libraries in the Latin America sample; however, all discussed self-archiving and/or Open Access.Research limitations/implicationsBrazilian universities were excluded owing to the researchers' language limitations. Data were collected between September 15 and 30, 2019, so it represents a snapshot of information available at that time. The study was limited to an analysis of library websites using a fixed set of keywords, and it did not investigate whether other campus units were involved or whether other methods of informing researchers about predatory publishing were being used.Originality/valueThe study reveals some best practices leading to recommendations to help academic libraries combat predatory publishing and improve scholarly publishing literacy among researchers.


2013 ◽  
Vol 226 ◽  
pp. R4-R16 ◽  
Author(s):  
Maury Gittleman ◽  
Brooks Pierce

We address basic questions about performance-related pay in the US. How widespread is it? What characteristics of employers and jobs are associated with it? What are recent trends in its incidence? What factors are responsible for these trends? Nearly two-fifths of hours worked in the US economy in 2013 were in jobs with performance-related pay, but this share has been declining. We consider several possible causes for this trend and find that they do not have much explanatory power. We do establish, however, that any potential explanation must also account for a long-term shift in the relative incidence of performance-related pay away from low-wage and toward high-wage jobs.


Sign in / Sign up

Export Citation Format

Share Document