Robert Atkinson is the chairman and founder of the Information Technology and Innovation Foundation
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- Опубликовано: 25 авг 2024
- Robert Atkinson and ITIF
Robert Atkinson is the chairman and founder of the Information Technology and Innovation Foundation (ITIF), a prominent American think tank dedicated to advancing public policies that spur innovation, productivity, and economic competitiveness. Atkinson is a widely recognized expert in technology policy, having authored numerous reports and articles on a range of topics, including innovation economics, technology policy, and the role of government in fostering innovation.
Information Technology and Innovation Foundation (ITIF) was established to provide analysis and recommendations on how public policy can support technological innovation and competitiveness. ITIF's work covers various sectors including information technology, biotechnology, telecommunications, and energy, among others. The organization aims to influence policy decisions by offering data-driven insights and promoting a deeper understanding of the role of innovation in economic growth.
The Washington Consensus
The Washington Consensus refers to a set of ten economic policy prescriptions considered to constitute the standard reform package promoted for crisis-wracked developing countries by Washington, D.C.-based institutions such as the International Monetary Fund (IMF), World Bank, and the U.S. Treasury Department. These prescriptions generally advocate for:
Fiscal discipline
Redirection of public spending from subsidies to broad-based provision of key pro-growth services like primary education, primary health care, and infrastructure
Tax reform to lower marginal rates and broaden the tax base
Interest rate liberalization
Competitive exchange rates
Trade liberalization
Liberalization of inflows of foreign direct investment
Privatization of state enterprises
Deregulation (to abolish barriers to entry and exit)
Legal security for property rights
While these policies were intended to promote economic stability and growth, their implementation often led to significant social and economic challenges in many countries.
China's Economic Development Model
China's economic development model is distinct from the Washington Consensus and is characterized by a mix of state control and market-oriented reforms. Key features include:
State-Led Investment: Significant government investment in infrastructure, state-owned enterprises (SOEs), and key industries.
Gradual Market Reforms: Incremental liberalization of the economy, allowing for private entrepreneurship and foreign investment while maintaining strong state oversight.
Export-Led Growth: A focus on manufacturing and exporting goods, leveraging China's large labor force and cost advantages.
Urbanization and Industrialization: Rapid urbanization and industrialization have been central to China's growth strategy.
Innovation and Technology: Increasing emphasis on innovation, technology, and higher education to move up the value chain.
China's Development in Medicine and Medical Equipment
China has made substantial progress in the field of medicine and medical equipment, but there is still significant room for improvement:
R&D Investment: China is investing heavily in research and development to foster innovation in pharmaceuticals and medical devices.
Regulatory Reforms: Efforts to streamline regulatory processes and improve the quality and safety standards of medical products.
Global Partnerships: Increasing collaboration with international companies and institutions to enhance capabilities and access to advanced technologies.
Domestic Innovation: Encouraging domestic companies to develop innovative solutions tailored to local needs, which can also compete globally.
China's Development in Aircraft Manufacturing
China is working to become a major player in the global aircraft manufacturing industry, but it faces several challenges:
Technological Capabilities: Developing advanced technologies and expertise required for designing and manufacturing commercial aircraft.
Supply Chain Development: Building a robust and reliable supply chain for aircraft components and materials.
Certification and Standards: Meeting international certification standards to ensure safety and reliability of Chinese-made aircraft.
Market Penetration: Gaining acceptance and trust in international markets, which are currently dominated by established players like Boeing and Airbus.
Robert Atkinson and ITIF contribute significantly to the discourse on innovation and technology policy in the U.S., advocating for policies that foster economic competitiveness through technological advancement. The Washington Consensus, with its emphasis on market liberalization, contrasts sharply with China's more state-controlled, gradual reform approach, which has driven rapid development in various sectors. Despite impressive progress, China still has substantial potential for growth and improvement in areas like medicine, medical equipment, and aircraft manufacturing, as it continues to innovate and integrat
China has 1.4 billion people and the largest middle class(still growing) with one of the best PPP in the world. That means People have money to save and spend and also China has one of the highest literacy rate in the world and still improving. It is now churning out at least 5 million STEM graduates per year. China is busy feeding itself and keeping its People happy and employed and China with the only continuous running civilization in the world and it knows about war and peace and that's why it pursues a win-win economic partnership with any country.
The U>>S>>A , being a young country only about 250 years old, wants to fight to keep its hegemony over the rest of the world after tasting absolute power after WW2.
I don't think China seeks hegemony..... but they are way ahead in application of trade benefits..... ❤😊
True!
China don’t want non-Chinese problems on their hands. Why should they bother?
中国自己有数不清的问题永远处理不完，我们更应该关注内政
If China leaders had the same worldview as USA, China would be in the same chaotic mess as the USA.
China speak woman HuaChunying: China never seek to surpass US, but surpass itself and make it a better self.
Wonderful lecture by M. Kishore with excellent insight on diplomacy.
Yes, you can watch with anguish.
That's what the West, sit back and sulk rather than compete.
@@teogeorge2203 Agreed
The joke is on Tom Cotton ask Tik Tok CEO.
Are you China Chinese.
No, I am Singaporean Chinese.
Are you a Communist.
No, I am Singaporean, I serve in the Singapore Army.
It reflects Cotto is stup... not knowing that you can only enter military if you're a Singaporean.
And Singapore Do Not allow Double Citizenship. 🤣😂
Only intelligent citizen vote for intelligent Senators. 😵💫😵💫
haha😂
only chinese believe what he say😂.
Overseas, only Singaporeans have the most affection for China, and these are real feelings. Thank them!❤❤❤❤❤❤
@@izdiniryoruhchil964then Americans must be real loyal to England
China's advancements in innovation and technology are impressive, particularly in sectors like medical development and aircraft manufacturing. However, there is still significant room for improvement to compete globally in these high-tech industries. 🩺✈️
China's approach to economic development, blending neoliberal and socialist elements, offers a unique model that balances state control with market dynamics. This hybrid strategy has proven effective in driving rapid and sustained growth.
@@AI-Google Simple!The evil is$$$@
Chinese hegemony ? America is projecting.
In all of the Chinese 5 year plans, the clearly stated goal is to improve the standard of living of the Chinese.
It hopes to reach a moderately well off level. That is, a percapita income of USD $25,000 per year. It is about half way there.
For perspective, the per capita in the US is already more than 3 times of the Chinese goal, as we type.
The american politicians are on a fools’ errand. Stupid is as stupid does.
China use a win win strategy
US strategy is I win more and you lose more.
China's economic development model, combining state-led investment with market reforms, presents a unique approach to growth. This hybrid model has enabled rapid industrialization and urbanization, setting China apart from purely neoliberal economies. 🇨🇳🏙️
Robert Atkinson's leadership at ITIF has significantly shaped policy discussions around innovation and technology. His insights into economic competitiveness are invaluable in today's rapidly evolving digital economy. 🚀🌐
Information Technology and Innovation Foundation (ITIF) was established to provide analysis and recommendations on how public policy can support technological innovation and competitiveness. ITIF's work covers various sectors including information technology, biotechnology, telecommunications, and energy, among others. The organization aims to influence policy decisions by offering data-driven insights and promoting a deeper understanding of the role of innovation in economic growth.
Robert Atkinson is the chairman and founder of the Information Technology and Innovation Foundation (ITIF), a prominent American think tank dedicated to advancing public policies that spur innovation, productivity, and economic competitiveness. Atkinson is a widely recognized expert in technology policy, having authored numerous reports and articles on a range of topics, including innovation economics, technology policy, and the role of government in fostering innovation.
我們中國人很低調過「生活」拼經濟，西方政府讓人民高調過「生存」分裂他國。
吃太饱了,哈哈!
Who's rules??? Americans still think that they have the right to make rules for others to follow.
All we need to do is looking up, you see two space stations.
Understanding the Washington Consensus is crucial for grasping global economic policies. Its principles of fiscal discipline, tax reform, and trade liberalization have shaped many economies, but its effectiveness is often debated. 🌍📈
The Washington Consensus promotes privatization and deregulation as paths to economic growth. While these principles have driven success in some regions, they don't always address the unique challenges faced by diverse economies.
Excelente conferencia!
The Information Technology and Innovation Foundation (ITIF) stands at the forefront of advocating for science and technology innovation. Its work influences policymakers and drives forward-thinking economic policies. 🧠💡
ITIF's advocacy for technology policy and innovation economics helps shape a competitive landscape for the U.S. Their work ensures that technological advancements contribute positively to economic growth and societal well-being.
It is better to treat who is stronger as subject to learn from, rather than treating them as threat.
Fantastic talk and totally agree.!!!😀😀😀😃😃👍👍👍✌✌✌💖❤❤🧡🧡🧡
Extremely good analysis 💯
5 and 6 g tells me something
One Global Vision Multiple Local Governments ❤️ 💚 💜
Australia is a founding member of AIIB.
If talking about trade rules. You have to ask whose rules. And who creates these rules.
❤
We are living in times of selective diplomacy. That is if you're succeeding in areas they want to monopolized, you will be penalized undemocratically.
Btw, whats the title of the super nice soothing song at the end ?
ruclips.net/video/KAKG0u-u1U4/видео.htmlsi=wcqo3urYxehcOjQZ
The first song is ruclips.net/video/AQJAeccWpIU/видео.htmlsi=0Llds3w64n5ZDNT1
At 55mins into this clip can anyone name this beautiful song and who the singer is? 🎵 🎶 PS so good to read so many good comments that this video has motivated. 👏👏👏
Most countries can program AI in English, how many western countries can program AI in Chinese?
Look at the mirror before U talk. People are not fool ..
‘Never interfere with an enemy while he’s in the process of destroying himself.’ - Napoleon Bonaparte
Chinese read Napoleon Bonaparte
I read this as rowen atkinson 🤣🤣🤣🤣 and almost thought that you interviewed mr. Bean
The Ends Never Justify the Means
The Means Always Determine the Ends
Tirany is the Seed of its Own Destruction !!!
Love Truth above All Things ❤️
Accept and Thank the Suffering 💚
(from the knowledge of truth)
Confront and Illuminate Malevolence 💜
The Ends Never Justify the Means The Means Always Determine the Ends
Tirany is the Seed of its Own Destruction
From the Unconscious Hell ❤️
To the Conscious Hell 💚
Until the Paradise of Consciousness 💜
Stay Awake Not Woke ❤️ 💚 💜
This is so totally disingenuous :
The Washington model was NEVER meant to help under-developed countries get rich and industrialised through good fiscal discipline and good practice.
“Globalisation” was designed to force open the markets of third world countries in order to plunder their resources at rock bottom prices and to flood their markets with manufactures when the “West” had a monopoly on technology, so those countries would never develop their own industries.
The World Bank was set up to push those third world countries into debt, then force them to turn their food production into cash crops for the Western market and to discard their social programs so they could pay ruinous interest to the West, with the threat of withholding further finance if they refused (and “sanctions” that shut them off from Swift, which meant that they would no longer be able to import essentials such as food and medicine - food imports that they now need because they switched to cash crops).
Now that they have been outcompeted by China, suddenly, the Collective West no longer believes in open markets and globalization, but are all for trade barriers to protect their markets from better, cheaper, more technologically advanced products.
“Hypocrisy” does not begin to describe these policies designed to maintain hegemony, and to keep the third world poor.
Excellent comment @arthurhwang117
Xi Jinping Will be Considered a Personality of the Millennium
Thaaannnk Yooouuu China 🇨🇳 ❤️💚💜
Thaaannnk Yooouuu BRICS ❤️💚💜
They always said long way to go they already there😂
A drop of 20-30% on US dollar will not help (suffice for automobile industry, aerospace) but for most, not even a 70% drop will help. 😂
To be fair, after 10 minutes, this man is pretty open-minded; but still has limited vision about China. SAD!!!
China does not any hegemonic ambitions as compared to US.
The Virtuous Noble Lie of the West Demon Cracy as a Trap of the Ocult Agreement of Consent
America weapons overcapacity
👏👏👍🇧🇷🇷🇺🇮🇳🇨🇳🇿🇦➕️👍😁😁
Can China make chips that are free of government bullying
lol. what bullying?
Did you mean US bullying?
This guy is lying
I think... you should get a badly needed update about China..!!!LOL!!! China is much more...
Is Rowan Atkinson aka Mr. Bean related to Robert Atkinson???
15:01 This professor, who receives a salary from China, does not know what to do without China.