In the two decades since the United States became the world's only superpower, policymakers in Washington have seemingly abandoned many tools of statecraft and instead now rely on U.S. military strength as the key and sometimes the sole element of its global strategy. Yet economists see a world in which the salience of military power has been shrinking as greater affluence and deepening interdependence transform the global economy.In Winners without Losers, Edward J. Lincoln, a highly regarded economist, contends that the best chance the United States has of ensuring peace and prosperity for...
In the two decades since the United States became the world's only superpower, policymakers in Washington have seemingly abandoned many tools of state...
Analyzes why deregulation and other aspects of systemic economic reform have proceeded so sluggishly in Japan. After exploring the causes of Japan's slow response to economic reform, Lincoln concludes that reform is likely to remain less vigorous than necessary for a restoration of economic growth.
Analyzes why deregulation and other aspects of systemic economic reform have proceeded so sluggishly in Japan. After exploring the causes of Japan's s...
Something new is happening across East Asia. A region notable for its lack of internal economic links is discussing regional cooperation on trade, investment, and exchange rates. Because of negotiations elsewhere around the globe on regional tradesuch as those that led to the consolidation of the European Union, the formation of the North American Free Trade Area, and the rapid proliferation of bilateral free trade areasthe talk is not surprising. Nevertheless, East Asia's past inertia with regard to forming a regional partnership raises many questions about its emerging regionalism. Why...
Something new is happening across East Asia. A region notable for its lack of internal economic links is discussing regional cooperation on trade, ...