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The United States and the World Economy
Foreign Economic Policy for the Next Decade
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- Book details for The United States and the World Economy
- C.Fred Bergsten (author), Institute for International Economics (author)
- Paperback, 230 x 168 x 24mm , 454 pp, Illustrations
- 31 Jan 2005
- Institute for International Economics,U.S.
- 0881323802
- 9780881323801
What are the key foreign economic policy issues facing the United States in the second half of this decade? How can the administration and Congress meet the global economic challenges that lie ahead? This new book analyzes the dramatic importance of the world economy to both the domestic prosperity and overall foreign policy of the United States, describes the new global environment (e.g., the rise of China as a global economic superpower and the completion of European unification) in which US policy must operate, and proposes major US initiatives on a wide range of international economic issues, including correction of the huge current account deficit, new trade negotiations, and energy. Chapters by senior staff of the Institute on each of the key topics are included.
Section I: Overview; 1. A Proposed Foreign Economic Policy for the United States - C. Fred Bergsten; Section II: The Policy Context; 2. The Payoff to America from Global Integration - Scott C. Bradford, Paul L. E. Grieco, and Gary Clyde Hufbauer; 3. Uneven Gains and Unbalanced Burdens: Three Decades of American Globalization - J. David Richardson; 4. China: The Great New Economic Challenge - Nicholas Lardy; 5. The United States and the Large Emerging-Market Economies: Competitors or Partners? - Jan Boyer and Edwin Truman; Section III: The Key Issues; 6. Sustaining Global Growth while Reducing External Imbalances - Michael Mussa; 7. Energy: The Gathering Storm - Philip K. Verleger; 8. Confronting Current Challenges to US Trade Policy - Jeffrey J. Schott; 9. Globalization of Services and US Economic Performance - Catherine L. Mann; 10. Easing the Adjustment Burden on US Workers - Lori G. Kletzer and Howard Rosen; 11. Challenges for US Immigration Policy - Gordon H. Hanson; 12. The International Financial Architecture - Morris Goldstein; 13. Fostering Development - William R. Cline and John Williamson
