North America's Integrated Economy and the Role of Cities
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Presented by Bruce Katz, vice president of the Brookings Institution, at the Global Cities Initiative annual international forum, Mexico City, November 14 2013.
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North America's Integrated Economy and the Role of Cities
- 1. GLOBAL CITIES INITIATIVE A JOINT PROJECT OF BROOKINGS AND JPMORGAN CHASE @bruce_katz #globalcities Mexico City, MX / November 14, 2013
- 4. 1 2 3 1 North America is a competitive economic platform
- 5. U.S. International Trade NAFTA vs. BRICS, Japan, Korea, 2011 $1.18 tn Mexico $1.17 tn South Africa Russia India Brazil Korea Japan Canada China
- 6. Share of U.S. Value in Imports to the United States 40% 25% 2% European Union 4% China Canada Mexico
- 7. Advanced Industries Pharmaceuticals Aerospace Advanced Machinery Motor Vehicles & Parts Medical & Precision Instruments Computer & Electronic Devices
- 8. Advanced Industries Goods trade within North America Pharmaceuticals Aerospace Advanced Machinery 47% Motor Vehicles & Parts Medical & Precision Instruments Computer & Electronic Devices
- 9. Advanced Industries Exports beyond North America Pharmaceuticals Aerospace Advanced Machinery Motor Vehicles & Parts Medical & Precision Instruments Computer & Electronic Devices 30%
- 10. NHrbtthAAanceeInruistaea o urs of Av md rdicc s e etoos MMtrMrtrNas o d ri o e e Integrated Goods Trad vanced Industries and bs of Ad Cities and Metros as Hu Cities and
- 11. 1 2 3 2 Cities and metropolitan areas are the engines of the North American economy
- 12. Watch on YouTube
- 13. North American Metros Share of Continental Totals 86% 77% Population GDP
- 14. North America’s Metro Areas and Advanced Industries Metro Share of Total Production 87% 77% Population Advanced Industry Production 80% Motor Vehicles 87% 90% 90% 91% Medical Devices Computer & Electronics Pharma Aerospace
- 15. Metros and Advanced Industries Metro Share of Total Production Mexico Canada United States Advanced Industry Production Motor Vehicles Aerospace
- 16. Metros and Advanced Industry Trade Metro Share of Continent 97% 87% 85% Advanced Industry Production Trade 77% Population Advanced Industry Trade
- 18. Automotive Detroit Oshawa Toronto London Windsor Source: Brookings analysis of EDR data; values for 2010
- 19. Automotive Detroit Toronto Kansas City Monterrey Aguascalientes Puebla Source: Brookings analysis of EDR data; values for 2010
- 20. Aerospace Seattle Montreal Toronto Los Angeles Guaymas Wichita Chihuahua Source: Brookings analysis of EDR data; values for 2010
- 21. Aerospace Seattle Montreal Source: Brookings analysis of EDR data; values for 2010
- 22. Aerospace Seattle Montreal Source: Brookings analysis of EDR data; values for 2010
- 23. Mexico City, MX Metro Goods Trade Dashboard Trade with United States AI Share of North American International Trade $55.9 billion 56% 50% Mexico Top Metro Trading Partners Mexico City, MX Top Traded Advanced Industries millions USD millions USD Los Angeles $2,180 San Francisco $1,554 San Jose $2,147 Dallas $1,384 Houston $2,140 Detroit $1,082 New York $1,862 Philadelphia $785 Chicago $1,727 Boston $750 $13,446 Source: Brookings analysis of EDR data $11,479 $6,421 El ec tro ni cs M ac hi ne r Ch y em ic $5,006 $4,768 al Au to m s ot iv En er e gy
- 24. Electronics Boston Chicago San Jose $5.4 billion Mexico City’s bilateral trade in electronics, top 10 flows Dallas Los Angeles Mexico City Source: Brookings analysis of EDR data; values in millions USD
- 25. 1 2 3 3 Cities and states have a central role to play in trade and investment
- 26. A federal platform for North America trade
- 27. Better enable goods movement at border Continue ongoing trade negotiations Align regulations and customs procedures Pursue continental approach to FDI
- 29. Set a Vision
- 30. Metropolitan Business Planning Seattle Portland MinneapolisSt. Paul Chicago Louisville Los Angeles Phoenix Syracuse Northeast Ohio Memphis
- 31. Market Assessment Metropolitan Business Planning Economic Profile 15% 12% 13% 9% Target Sectors 8% 9% 12% Establish Goals & Strategies Double exports Support key sectors Increase global fluency Boost SME exports Collaborate to Compete Firms Universities Government Philanthropy
- 32. Metropolitan Business Planning Clusters Identified: aerospace and defense, electronics, energy, IT & telecommunications Increase Innovation Boost Metropolitan Exports Phoenix
- 33. Set a Vision Invest in What Matters
- 34. Ontario Collaboration Voucher Program Innovation Human Capital Infrastructure Innovation & Productiv ity Commercializa tion of Innovation E-Busines s Industry Association Challenge
- 35. National Aeronautic University Querétaro Innovation Human Capital Infrastructure
- 36. Innovation Human Capital Infrastructure Portland Region Westside Freight Access Analysis
- 37. Innovation Human Capital Infrastructure Portland Region Westside Freight Access Analysis
- 38. Set a Vision Invest in What Matters Network Globally
- 40. Watch on YouTube
- 41. GLOBAL CITIES INITIATIVE A JOINT PROJECT OF BROOKINGS AND JPMORGAN CHASE @bruce_katz #globalcities Mexico City, MX / November 14, 2013
- 42. Metropolitan Policy Program at BROOKINGS