The first glimpses of the neoconomy appeared during the Reagan administration, but were soon clouded by a legacy of sky-high budget deficits. George H. W. Bush couldn't afford the neoconomy. In the Clinton years, its prospects all but disappeared in a flurry of economic fine-tuning that delivered record-setting budget surpluses and rock-bottom unemployment rates. But just when you might have counted it out, the neoconomy found a savior....

In the span of one day, how does the world do business?

In Connected: 24 Hours in the Global Economy, journalist and economist Daniel Altman answers this question by visiting more than a dozen cities around the world and tracing the threads of our ever-changing, ever-integrating economic fabric. Readers travel to Syria, where the president wants to launch his country's first stock market; to Brazil, where a corruption scandal is brushed under the rug in the name of economic stability; to East Timor, where a new nation grapples with its impending oil...

"Informative and accessible, penetrating and provocative. . . . A first-rate guide to global trends." --NPR.org

As individuals, companies, and countries struggle to recover from the economic crisis, many are narrowly focused on forecasts for the next week, month, or quarter. Yet they should be asking what the global economy will look like in the years to come--where will the long-term risks and opportunities arise?

These are the questions that Daniel Altman confronts in his provocative and indispensable book. The fate of the global economy, Altman argues, will be determined by...