Description
Brookings Institution Press The Translantic Economy 2017 by Daniel S Hamilton Joseph P Quinlan
The Transatlantic Economy 2017 annual survey offers the most up-to-date set of facts and figures describing the deep economic integration binding Europe and the United States. It documents European-sourced jobs, trade and investment in each of the 50 U.S. states, and U.S.-sourced jobs, trade and investment in each member state of the European Union and other European countries. It reviews key headline trends and helps readers understand the distinctive nature of transatlantic economic relations.Questions loom over the transatlantic economy in 2017. The very foundations of the transatlantic partnership have been rocked by the UK's decision to quit the European Union (Brexit) and the advent of a new U.S. Administration at a time when both sides of the Atlantic are besieged by a daunting array of challenges. "Business as usual" will not be an adequate response. Nonetheless, key sectors of the transatlantic economy are integrating as never before, underpinning a multi-trillion dollar economy that generates millions of jobs on both sides of the Atlantic.The Transatlantic Economy 2017 explains what Brexit means for the transatlantic economy, how the digital economy is becoming a driver of the economic relationship, and suggests how decision-makers can address current opportunities and challenges.The Transatlantic Economy 2017 provides key insights about the United States and Europe in the global economy, with often counter intuitive connections with important implications for policymakers, business leaders, and local officials. Preface and AcknowledgementsExecutive SummaryChapter 1: No More "Business as Usual"Chapter 2: Alternative Fact: Despite the Turmoil, the Transatlantic Economy is Picking Up SteamChapter 3: Jobs, Trade and Investment: Revisiting the Ties that BindChapter 4: The Transatlantic Digital EconomyChapter 5: The 50 U.S. States: European-Related Jobs, Trade and InvestmentChapter 6: European Countries: U.S.-Related Jobs, Trade and InvestmentAppendix A: European Commerce and the 50 U.S. States: A State-by-State ComparisonAppendix B: U.S. Commerce and Europe: A Country-by-Country ComparisonNotes on Terms, Data and SourcesAbout the Authors