Op-Ed: 'Using Diplomacy To Create Jobs'

Posted by DipNote Bloggers
February 20, 2012
Cargo Ship Sails Through Panama Canal

Deputy Secretary of State Thomas Nides authored an opinion piece that appears on Politico.com. The text of his piece also follows below:"Today's headlines are filled with conflict -- from uprisings in Syria to last week's bomb blasts in New Delhi and Bangkok. So it's only natural that, when most people think of diplomacy, they think of negotiations on matters of war and peace. But that's only half the story. Our diplomats and development experts are out there protecting America's national security, including our economic strength -- a dual mandate of peace and prosperity.

"Here's why we, as diplomats, care about economics: We live in an era when the size of a country's economy is every bit as important to exercising global leadership as the size of its military. Meanwhile, our investment in development prevents conflict and cultivates future allies and consumers of American goods. We're working at the highest levels with our partners in Europe and Asia to stabilize and balance the global economy. And closer to home, the American people are hungry for an economic recovery that depends on reaching beyond our borders to find new customers and new markets. That means the State Department -- which manages our relationships around the world -- is essential to exercising our economic influence, keeping Americans prosperous, and creating jobs here at home.

"This week, Secretary of State Hillary Clinton will host the first-ever State Department Global Business Conference in Washington, D.C. Participants range from leaders of organizations promoting U.S. businesses in more than 120 countries to senior executives of major American businesses to senior U.S. government representatives, including Vice President Biden. We have designed this international gathering to generate exciting ideas on how the United States government can better help businesses find new export markets, accelerate America's economic renewal, and -- most importantly -- put the American people back to work.

"As a former businessman, I know that building sustainable global growth and creating jobs at home is a joint venture: the private sector innovates and allocates capital, and the government opens doors to new markets and ensures that the rules are fair. Given the economic hardship Americans are suffering today, we must bring this partnership between business and government to the next level. On the government side, we must use all the tools at our disposal -- including diplomacy and development -- to support our businesses and grow the economy. That's what this conference is all about.

"The truth is that we've always done a great deal to support American businesses abroad. For decades, our diplomats, trade negotiators, agricultural experts, and commercial service officers have worked hard to make sure that American companies get a fair shake wherever they operate. We have helped establish the rules and institutions to safeguard healthy economic competition and spur unprecedented global growth. We've advocated on behalf of U.S. manufacturers exporting to Indonesia, Brazil, and Germany. We've pressed for economic reforms to spark growth in places like Pakistan and Tanzania because aid -- no matter how effective -- can only do so much. We've negotiated complex trade and investment agreements with Korea, Colombia, and Panama. At every turn, we have sought to ask and answer a simple question: how can we use diplomacy to create American jobs?

"We've done a great deal. But we can and must do even more. At the State Department, we're building on the Secretary's vision of Economic Statecraft -- that is, harnessing economic forces to advance our foreign policy and employing the tools of foreign policy to shore up our economic strength. We're using our network of over 200 embassies and consulates to connect businesses to opportunities and to tear down obstacles to fair competition. We're making it easier for foreign companies to learn about investing in America and changing the way we recruit, train, and develop our people. We're encouraging reform in the markets of the Middle East, boosting private investment to stabilize Iraq and Afghanistan, and stepping up our efforts in the Asia-Pacific region. We're all doing our part to support the President's full-court press to strengthen our economy for the long haul.

"All of this furthers our mission to protect America, while helping others prosper and promote growth around the world. In fact, the conditions of open, free, transparent and fair competition that allow American companies to thrive will help others to compete and grow as well.

"In the end, America's economic renewal depends on the strength of the global economy -- and the global economy depends on the strength of the American economy. We live in a world with global companies and global consumers. The tastes of consumers in Tokyo drive production decisions in Detroit. Stock prices in Frankfurt affect growth forecasts in Sydney and living standards in Lima.

"In this increasingly interconnected and dynamic world, we must work together -- whether businesspeople or diplomats, Americans or our international friends -- to advance our shared prosperity. We must continue to build the rules, institutions, and relationships necessary to systematically advance the economic interests of our citizens and businesses well into the future.

"America's economic strength and our global leadership are a package deal."Related Content: Following the Secretary's Global Business Conference -- A Guide to Our Message and Social Media

Comments

Comments

and47
February 20, 2012

W.W. writes:

sorry to break ur dreams but no jobs at the horizon...it keeps falling...

Michelamio
|
Washington, USA
February 21, 2012

Michelamio in Washington writes:

Hilary has done an exceptional job of helping us surface from what was something of a sinking ship when she took office.I can't remember a secretary of state who inherited a bigger canister of crap. She has had to deal with wars in Iraq ,Afghanistan,and a volatile relationship with Pakistan, PLUS a full-blown economic crisis on her watch.

Just today, she and Mexican Foreign Minister Patricia Espinosa signed an agreement for development of oil and gas reservoirs that share the two nations’ boundaries in the Gulf of Mexico, which President Barack Obama and Calderon shook hands on in 2010. Clinton said the deal would "ensure safe, efficient, responsible exploration of the oil and gas reservoirs in the Gulf of Mexico." Based on President Obama's commitment for environmental safety , I believe that this administration will do a thorough job of keeping that promise.

The agreement is the first of its kind signed by the U.S., creating incentives for U.S. energy companies to develop oil and gas resources.

maya r.
|
Georgia
February 21, 2012

Maya R. in Georgia writes:

great!

palgye
|
South Korea
February 21, 2012

Palgye in South Korea writes:

Ban the sale of i-pad in China, our creativity and enthusiasm of all get rid of the policy I think. For symbiosis, was inside of cancer, to provide preferential treatment to that it was not for the war.

Steve Jobs' death, to become re-issue of the press, I do not want. I want to picketing? The media and ...

Tanya20Hancock
|
United States
February 21, 2012

Tanya in the U.S.A. writes:

All people deserve very good life and credit loans will make it much better. Because freedom depends on money state.

Rameshwor M.
|
Nepal
February 21, 2012

Rameshwor M. in Nepal writes:

it's a awesome but we can't find job this is only dream.if provide job then also we can't get the chance because no one give me chance for change our life .if you give

Ashim C.
|
India
February 21, 2012

Ashim C. in India writes:

Who can deny diplomacy these days have acquired a great deal of economic content and more often than not has immense benign effects on relations between states? But emphasis on engaging with private sector companies alone limits the scope and sweep of economic dipomacy. Recent events have shown eco-financial engagements are safer when they are supported by sovereign guarantees of states and that comes by automatically when business is with state owned and managed firms.

Also, there are large number of private companies in large emerging economies like India, which hardly have the financial muscle to undertake high value investments. They invariably follow a policy of piggy riding on government in entering mega investment infrastructure and strategic projects. The private sector in many countries take advantage of policies which puts a cap on max foreign holding on a large number of businesses. Road, port airport power projects and railways are examples of that in India though the fact is the biggest of hardly have the money power to participate in mega value long gestation projects. Diplomacy must work to remove these artificial barriers on FDI in all but a few sensitive sector. It matters very little for people if finance and technology for projects come from foreign source or from within the country so long as projects come and get implemented. As a matter of strategy to circumvent political opposition diplomacy of developed countries must follow the joint venture routes between private sector companies of their countries and state owned entitities like P & T, LIC, GIC, Public sector banks etc for insurance and financial service business, NHAI/PWD for roads, State owned construction and engineering firms for other infrastructure projects, NTPC/NHPC and NPC for energy security projects of conventional and non conventional type, ONGC and OIl india etcs for hydro=carbon and gas projects, state and central government housing and construction agencies for housing, government assisted cooperative sector companies for entry into retail and food processing sector, CWC and fCI for creating supply chain infra structure and cold chains needed for agriculture and food processing sector. The list is end less. Opposition to FDI through such joint ventures would be minimal and such projects would be seen in more positive light.

For a start, US can take up an initiative for joint ventures with companies of West Bengal government in power sector, methane gas, road building, tourism, quality education and medical services etc. My sense is incumbent government of this state will just lap up the offers and opportunities. If diplomacy succeeds in this state, it will succeed in other states and areas too. India is a smaller China in waiting.

SeymourP
|
United States
February 22, 2012

Portia S. in the U.S.A. writes:

If the Department of State is taking an interest in economic affairs, why is the Department not actively opposing the policy of bailing out financial speculators in the US and Europe? This policy is sucking up vast sums of precious liquidity which could instead be deployed into necessary infrastructure projects all over the world, and a massive expansion of manufacturing to service those projects. The vicious austerity being imposed on the people of Europe and the US is also aggravating the danger of a new world war.

thirty46
February 22, 2012

W.W. writes:

conflicts will never end ...

@ Ashim C. in India : Release the Italians Silently and unconditionally, India had its headlines ,India had its moment of glory but Now apologizing release the Italian

Sam
|
United States
February 22, 2012

Sam in the U.S.A. writes:

It seems diplomacy can ruin a country, as NAFTA, GATT, among others, have done to America, and not create a single domestic job outside any government building.

As America has neither the peace nor prosperity today that was advertised during the 2008 campaign, perhaps the entire Obama administration should consider resigning?

How badly must you do your job in order to be fired? Is there any check or balance for total fiscal incompetence?

You've got at least two government agencies, Homeland Security and the TSA declaring war on our citizens; you're building a police state to protect your top layer of government officials; and nobody likes you except the guys on your payroll in the media.

So again, how badly can you do your job and still not feel the urge to resign?

Melsen K.
|
Albania
March 6, 2012

Melsen K. in Albania writes:

I think,its a privilege being in touch with an american diplomacy!U really learn what is in reality the diplomacy and in esence the "diplomatic art"!

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