The United States and the World Economy - (Institute for International Economics Monograph Titles) by C Fred Bergsten (Paperback)

Book Synopsis

What are the key foreign economic policy issues facing the United States in the second half of this decade? How can the administration and Congress meet the economic challenges that lie ahead? This new book analyzes the dramatic importance of the world economy to both the domestic prosperity and overall foreign policy of the United States, describes the new global environment (e.g., the rise of China as a global economic superpower and the completion of European unification) in which US policy must operate, and proposes major US initiatives on a wide range of international economic issues, including correction of the huge current account deficit, new trade negotiations, and energy. Individual chapters by senior staff of the Institute on each of the key topics are included.

Review Quotes

A volume packed with important and innovative ideas about US foreign economic policy. US and foreign policymakers should read and draw on it.--Stanley Fischer

The call to action simply must not be ignored.--Paul Volcker

The Institute for International Economics is a national and international resource, and this is one of its finest efforts.--Lawrence H. Summers

About the Author

C. Fred Bergsten, senior fellow and director emeritus, was the founding director of the Peterson Institute for International Economics (formerly the Institute for International Economics) from 1981 through 2012. He is serving his second term as a member of the President's Advisory Committee for Trade Policy and Negotiations and was co-chairman of the Private Sector Advisory Group to the United States-India Trade Policy Forum, comprising the trade ministers of those two countries, during 2007-14.