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Rising Tide : Is Growth in Emerging Economies Good for the United States? by Robert Lawrence and Lawrence Edwards (2010, Trade Paperback)

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Weight: 0.96 lbs. Publisher: Peterson Institute for International Economic. ISBN10: 0881325007. Publication Date: 2010-10-15. ISBN13: 9780881325003.

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In 1963, John F. Kennedy said that "a rising tide lifts all the boats. And a partnership, by definition, serves both parties, without domination or unfair advantage." US international economic policy since World War II has been based on the premise that foreign economic growth is in America's economic, as well as political and security, self-interest. The bursting of the speculative dot.com bubble, slowing US growth, and the global financial crisis and its aftermath, however, have led to radical changes in Americans' perceptions of the benefits of global trade. Many Americans believe that trade with emerging-market economies is the most important reason for US job loss, especially in manufacturing, and is detrimental to American welfare and an important source of wage inequality. Several prominent economists have reinforced these public concerns. In this study, Lawrence Edwards and Robert Z. Lawrence confront these fears through an extensive survey of the empirical literature and in depth analyses of the evidence. Their conclusions contradict several popular theories about the negative impact of US trade with developing countries. They find considerable evidence that while adjusting to foreign economic growth does present America with challenges, growth in emerging-market economies is in America's economic interest. It is hard, of course, for Americans to become used to a world in which the preponderance of economic activity is located in Asia. But one of America's great strengths is its adaptability. And if it does adapt, the American economy can be buoyed by that rising tide.

Product Identifiers

Publisher
Peterson Institute for International Economics
ISBN-10
0881325007
ISBN-13
9780881325003
eBay Product ID (ePID)
80549623

Product Key Features

Author
Robert Lawrence, Lawrence Edwards
Publication Name
Rising Tide : Is Growth in Emerging Economies Good for the United States?
Format
Trade Paperback
Language
English
Publication Year
2010
Type
Textbook
Number of Pages
176 Pages

Dimensions

Item Length
0.9in
Item Height
0.1in
Item Width
0.6in
Item Weight
15.6 Oz

Additional Product Features

Grade from
College Graduate Student
Topic
International / Economics, International Relations / Trade & Tariffs, Developing & Emerging Countries, Economic Conditions, Development / Economic Development
Intended Audience
Scholarly & Professional
Illustrated
Yes
Genre
Business & Economics, Social Science, Political Science

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Rising Tide : Is Growth in Emerging Economies Good for the United States? by Robert Lawrence and Lawrence Edwards (2010, Trade Paperback)

About this product

Product Information

Product Identifiers

Product Key Features

Dimensions

Additional Product Features

All listings for this product

item 1 Rising Tide: Is Growth in Emerging Economies Good for the United States?

item 2 Rising Tide: Is Growth in Emerging Economies Good for the Un - VERY GOOD

item 3 Rising Tide : Is Growth in Emerging Economies Good for the United

item 4 Rising Tide: Is Growth in Emerging Economies Good for the United States? by Edw

item 5 Rising Tide: Is Growth in Emerging ..., Lawrence Edward

item 6 RISING TIDE: IS GROWTH IN EMERGING ECONOMIES GOOD FOR THE By Lawrence Edwards

item 7 Rising Tide: Is Growth In Emerging Economies Good For The United States?

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