Earlier this month Secretary Clinton delivered a major address to the Economic Club of New York on the role of economics in US foreign policy. She talked candidly about a variety of critical issues such as currency manipulation, piracy, sustainability, and various modern-day trade and investment barriers, including those cherished by many old-school “free” traders.
A comprehensive, clear, and compelling review of current events and future strategy, the speech is the fourth in a series that the Secretary has given on various aspects of economic statecraft. As always, her remarks are well worth reading or viewing:
The prior three speeches in the series treated different aspects of the same general topic. The first speech discussed how diplomacy and overseas development assistance contribute to domestic economic health. The second emphasized economic values and the importance of respecting rules of fair global competition. The third focused on the critical role of women in creating and maintaining a robust and equitable global economy.
Delivered in the immediate aftermath of passage by Congress of comprehensive and mutually beneficial economic relations agreements with South Korea, Columbia, and Panama, the fourth speech is a strong statement of how the Administration will engage in matters of trade, investment, and economics going forward.