Promoting North American manufacturing can generate prosperity while reducing China dependency
As some of China’s competitive advantages erode, North America (NA) has an opportunity to reposition itself as an attractive alternative to China to manufacture for local and international companies. This repositioning could attract foreign investment, create jobs and stimulate economic growth in NA, improving the region’s global competitive position. As a result, NA could prosper while reducing its current dependency on Chinese imports and on off-shore production in China. NA economic integration is compelling.
When put together, Canada, Mexico and the US have all the right ingredients to be a competitive source of manufacturing to serve NA.
This essay is part of the series, "Strengthening North American Ties - A Must For Competitiveness," by the Wilson Center's Mexico and Canada Institutes.
Author
President, CrossFields Capital
Mexico Institute
The Mexico Institute seeks to improve understanding, communication, and cooperation between Mexico and the United States by promoting original research, encouraging public discussion, and proposing policy options for enhancing the bilateral relationship. A binational Advisory Board, chaired by Luis Téllez and Earl Anthony Wayne, oversees the work of the Mexico Institute. Read more
Canada Institute
The mission of the Wilson Center's Canada Institute is to raise the level of knowledge of Canada in the United States, particularly within the Washington, DC policy community. Research projects, initiatives, podcasts, and publications cover contemporary Canada, US-Canadian relations, North American political economy, and Canada's global role as it intersects with US national interests. Read more
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