Seminar on Background and Future of US Manufacturing Policy
Professor Sangkee Min University of Wisconsin-Madison, USA This seminar will be chaired by A/P Moon Seung Ki. | ||
| Seminar Abstract | ||
After Lehman Brothers’ bankruptcy in 2008, the subprime mortgage crisis led to a severe economic collapse. The Obama administration’s first major task was to revive the economy, prompting an analysis by the President’s Council of Advisors on Science and Technology (PCAST). Their findings pointed to the decline of U.S. manufacturing, driven by offshoring, as the root cause. Recognizing manufacturing as the foundation of economic strength, the U.S. government launched aggressive policies to restore it. This seminar will discuss the background, emphasize the importance of manufacturing, and consider the potential impact of these U.S. policies on our country.
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| Speaker's Biography | ||
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