HKS Affiliated Authors


Rising Tide: Is Growth in Emerging Economies Good for the United States? Robert Lawrence, February, 2013, Book or Book Chapter. "In 1963, US President John F. Kennedy said that "a rising tide lifts all the boats. And a partnership, by definition, serves both parties, without domination or unfair advantage." Half a century later, Edwards and Lawrence conclude that this maxim will remain appropriate for some time in the future as a guide for US international economic policy in general and trade policy in particular. They contradict widely held public views on the effects of trade with emerging economies on US employment and demonstrate that trade has often been assigned a role in America’s economic difficulties that far exceeds its impact. " May require purchase or user account. Link