Rising Tide pdf epub mobi txt 电子书 下载 2024


Rising Tide

简体网页||繁体网页
Lawrence Edwards
Peterson Institute for International Economics
2010-10
176
$ 30.45
9780881325003

图书标签: 国际贸易  经济   


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发表于2024-12-24

Rising Tide epub 下载 mobi 下载 pdf 下载 txt 电子书 下载 2024

Rising Tide epub 下载 mobi 下载 pdf 下载 txt 电子书 下载 2024

Rising Tide pdf epub mobi txt 电子书 下载 2024



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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.

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