The United States in the World Economy: Making Sense of Globalization

ISBN-13: 9783030206871 / Angielski / Twarda / 2019 / 227 str.

Anthony Elson

Recenzje

"He covers a remarkable swath of intellectual terrain concisely, impressively combining analytical meticulousness with striking breadth. The author also manages to comment with great clarity on a number of topical issues, including the debate in America regarding immigration and pacts like the North American Free Trade Agreement and the Trans-Pacific Partnership. An analytically thorough and thoughtful discussion of globalization that provides a helpful history and sensible policy recommendations." (Kirkus, kirkusreviews.com, June 19, 2019) 

Spis treści

Chapter 1: The Benefits and Perils of Globalization

Chapter 2: Key Markers in the Global Integration of the US Economy

Chapter 3: Trade Globalization and the US Economy

Chapter 4: The Special Role of the United States in the Global Financial System

Chapter 5: The United States as a Major Destination for Migratory Flows

Chapter 6: The Impact of Globalization on Income and Wealth Inequality in the United States

Chapter 7: Current US Economic Policy and the Outlook for Globalization

Chapter 8: The Governance of Globalization: National and International Dimensions

Chapter 9: The United States and Globalization: Where Do Things Stand? 

O autorze

Anthony Elson is an international economist, writer, and university lecturer in the Washington, DC area. For a number of years, he was a senior staff member of the International Monetary Fund and consultant with the World Bank. He has also taught at the Duke Center for International Development, the Paul H. Nitze School for Advanced International Studies at Johns Hopkins University, and Yale University.  

Blurb

This book assesses the impact of globalization on the US economy from the perspective of international trade, finance and immigration, with a view to eliminating misinformation in the current public debate about the costs and benefits of globalization. The United States has played a key role in the development of economic and financial globalization since the end of World War II and has been the largest force for integration of the global economy. While the US economy as a whole has been a net beneficiary from globalization, significant costs have been incurred by certain groups and communities as a result of its effects. This book evaluates the benefits, costs and impact on income distribution for the United States in the areas of international trade, finance and immigration, drawing on key findings of the relevant literature. A key argument of this book is that the US economy has been a significant net beneficiary from globalization, but that the government needs to do more for those workers negatively impacted by its effects. This book ends by proposing key institutional reforms at the national and international level that would foster further gains from globalization and create a more equal distribution of its benefits.