The United States in the World Economy
Making Sense of Globalization
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Beschreibung
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 thoseworkers 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.
Provides a balanced assessment of the benefits and costs of globalization from both a conceptual and empirical perspective Considers the impact of globalization on the US economy from a multi-dimensional perspective, taking account of trade, financial, and migratory flows Addresses a number of policy and institutional reforms at the national and international levels that can be made to ensure the net benefits of globalization are maximized and more evenly distributed
Autor*in
Anthony Elson
Themen in »The United States in the World Economy«
economic globalization financial globalization global economy liberal international order trade immigration global economic hegemony governance US economic policy wealth inequality migratory flows trade globalization
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“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)
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