In 2019, HBS faculty members of the U.S. Competitiveness Project conducted the sixth survey on U.S. competitiveness. This report—built on the latest survey findings and eight years of prior research on the competitiveness of the United States—highlights a disturbing pattern: structural failures in the U.S. political system continue to prevent meaningful progress on actions needed to improve U.S. competitiveness. Despite a decade of steady economic growth, the trajectory of the nation’s competitiveness remains disappointing.
The 2016 HBS report on the State of U.S. Competitiveness provides a comprehensive analysis of five years of research from the U.S. Competitiveness Project along with the findings of the 2016 HBS survey on U.S. competitiveness. This survey was administered to HBS alumni worldwide, HBS students, and members of the U.S. general public in May—June 2016.
In June 2015, nearly 75 experienced leaders from across business, government, labor, academia, and media gathered at Harvard Business School to discuss a topic of increasing concern in America: How can our nation continue to remain competitive while also providing a path to prosperity for more citizens? This report highlights the group’s deliberations and summarizes the HBS research that was presented during the convening.
The 2015 HBS survey on U.S. competitiveness reveals that business leaders are concerned about the economy’s ability to generate shared prosperity. America’s business environment is improving, but alumni doubt that firms in the U.S. will be able to improve living standards for the average American. Alumni see issues like inequality, middle-class stagnation, and economic immobility, as social as well as business challenges.
Complexity in the tax code has negative redistributive and growth consequences that have only accelerated over time as more and more policy goals are now implemented through the tax system.
Recent merger transactions highlight long-simmering problems in the U.S. corporate tax, particularly with respect to its international provisions.
Is there a credit gap in small business lending?
The U.S. corporate tax code is broken. High rates and perverse incentives drive capital away from the corporate sector and toward other uses and countries. Professor Mihir A. Desai believes a handful of changes could fix all that.
Some of the world’s most original thinkers explain the competitiveness challenge America faces and point the way forward.
The last three decades have seen American capitalism transformed by a simple idea—that the evaluation and compensation of managers and investors should be outsourced to financial markets, says Professor Mihir A. Desai.
The world is interdependent, and the U.S. economy is still too large for anyone to profit from a rapid decline in its well-being.