Failure to Adjust: How Americans Got Left Behind in the Global Economy - A Council on Foreign Relations Book (Hardback)
  • Failure to Adjust: How Americans Got Left Behind in the Global Economy - A Council on Foreign Relations Book (Hardback)
zoom

Failure to Adjust: How Americans Got Left Behind in the Global Economy - A Council on Foreign Relations Book (Hardback)

(author)
£32.00
Hardback 258 Pages / Published: 20/10/2016
  • We can order this from the publisher

Usually dispatched within 10 working days

  • This item has been added to your basket
Americans know that something has gone wrong in this country's effort to prosper in the face of growing global economic competition. The vast benefits promised by the supporters of globalization, and by their own government, have never materialized for most Americans. This book is the story of what went wrong, and how to correct the course. It is a compelling history of the last four decades of US economic and trade policies that have left Americans unable to adapt to or compete in the current global marketplace. Failure to Adjust argues that, despite the deep partisan divisions over how best to respond to America's competitive challenges, there is achievable common ground on such issues as fostering innovation, overhauling tax rules to encourage investment in the United States, boosting graduation rates, investing in infrastructure, and streamlining regulations. The federal government needs to become more like U.S. state governments in embracing economic competitiveness as a central function of government. The book presents an especially timely analysis of the trade policies of the Obama administration, and discusses how America can reassert itself as the leader in setting rules for international economic competition that would spread the benefits of global trade and investment more broadly.

Publisher: Rowman & Littlefield
ISBN: 9781442272606
Number of pages: 258
Weight: 522 g
Dimensions: 235 x 163 x 26 mm


MEDIA REVIEWS
In this critical-and thorough--analysis of US government policies regarding the country's involvement in the global economy during the last half century, the author (Council on Foreign Relations) concentrates on the changing competitive environment the US faces. In the process of assessing the impact of those changes, he discusses a wide range of policies and how they affect US economic progress and international relations. Those policies include not only tariffs and trade agreements but also domestic tax policies, government support for enhanced investment, improvements in the education system, immigration issues, and monetary policies as they influence the international role of US currency. Part of the analysis deals with state and local governments' attempts to take advantage of international economic opportunities in the face of insufficient federal commitments. In the process, the author also provides an insightful history of worldwide economic transformation over the last 50-plus years. This analysis is very well written and documented and is strongly recommended to anyone interested in international trade and global economic development, especially as national policy pertains to them. Summing Up: Recommended. Upper-division undergraduates through faculty. * CHOICE *
Rising opposition to globalization has thrown an already polarized political environment in America into near mayhem, with our key economic partnerships hanging in the balance. Ted Alden provides a cogent and constructive analysis of the origins of opposition to economic openness that charts a viable path forward. It is essential reading for all who care about America's role in the global economy. -- Gordon Hanson, Pacific Economic Cooperation Chair in International Economic Relations at UCSD and Director, Center on Global Transformation
"Ted Alden hits the nail on the head with this cogent analysis of the trade issue, its impact on American workers, our failure to meaningfully help those adversely affected and what we should now be doing to save globalization by adopting more thoughtful and far-reaching policies." -- Steven Rattner, Chairman, Willett Advisors LLC
"Ted Alden's new book, Failure to Adjust, captures vividly the inherent tension in America's role in the post-war global economy: that between the principal architect and guardian of an open system, on the one hand, and a participant and competitor within that system, on the other. That tension cannot be removed. But in Alden's thoughtful analysis, as the global economy grows, the balance between player and referee that needed to shift in America in favor of the former, has been late in coming. It is a really interesting and detailed assessment, that avoids overly simple diagnoses and prescriptions." -- Michael Spence, Nobel Laureate and William R. Berkley Professor in Economics and Business, New York University
[Alden] demonstrates how four decades of market-friendly economic and trade policies have been insufficiently inclusive, setting the stage for the populist backlash we're now experiencing. -- Sebastian Mallaby, The Wall Street Journal

You may also be interested in...

Why Nations Fail
Added to basket
£12.99
Paperback
The Invisible Hand
Added to basket
£5.99
Paperback
Superfreakonomics
Added to basket
Antifragile
Added to basket
The Shock Doctrine
Added to basket
£12.99
Paperback
The Economics Book
Added to basket
DK
£18.99
Hardback
The Money Machine
Added to basket
£10.99
Paperback
The Road to Serfdom
Added to basket
£16.99
Paperback
Boomerang
Added to basket
£9.99
Paperback
Poor Economics
Added to basket
The Wealth of Nations
Added to basket
The Great Crash 1929
Added to basket
Guns, Germs and Steel
Added to basket
Too Big to Fail
Added to basket
How Much is Enough?
Added to basket

Please sign in to write a review

Your review has been submitted successfully.