European University Institute Library

Obama's bank, financing a durable new deal, Michael Likosky

Label
Obama's bank, financing a durable new deal, Michael Likosky
Language
eng
Index
index present
Literary Form
non fiction
Main title
Obama's bank
Medium
electronic resource
Nature of contents
dictionaries
Oclc number
1115013817
Responsibility statement
Michael Likosky
Series statement
Cambridge Social Sciences eBooks
Sub title
financing a durable new deal
Summary
The Obama administration aims to lay a sound foundation for growth by investing in high-speed rail, clean energy, information technology, drinking water, and other vital infrastructures. The idea is to partner with the private sector to produce these public goods. An Obama government bank will direct these investments, making project decisions based on the merits of each project, not on politics. This approach has been a cornerstone of US foreign policy for several decades. In fact, our government-led reinvestment in America is modeled explicitly on international public banks and partnerships. However, although this foreign commercial policy is well-established with many successes, it has also been deservedly controversial and divisive. This book describes the international experience, drawing lessons on how the Obama Bank can forge partnerships to promote a durable twenty-first-century New Deal.--, Provided by publisher
Content
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