TY - BOOK AU - Likosky,Michael TI - Obama's Bank: Financing a Durable New Deal SN - 9780511762444 (ebook) AV - HC110.C3 L55 2010 U1 - 363.60973 22 PY - 2010/// CY - Cambridge PB - Cambridge University Press N1 - Title from publisher's bibliographic system (viewed on 04 Apr 2016) N2 - The Obama administration aims to lay a sound foundation for growth by investing in high-speed rail, clean energy, information technology, drinking water, and other vital infrastructures. The idea is to partner with the private sector to produce these public goods. An Obama government bank will direct these investments, making project decisions based on the merits of each project, not on politics. This approach has been a cornerstone of US foreign policy for several decades. In fact, our government-led reinvestment in America is modeled explicitly on international public banks and partnerships. However, although this foreign commercial policy is well-established with many successes, it has also been deservedly controversial and divisive. This book describes the international experience, drawing lessons on how the Obama Bank can forge partnerships to promote a durable twenty-first-century New Deal UR - http://dx.doi.org/10.1017/CBO9780511762444 ER -