Coverart for item
The Resource Rising tide: is growth in emerging economies good for the united states?, Lawrence Edwards and Robert Z. Lawrence

Rising tide: is growth in emerging economies good for the united states?, Lawrence Edwards and Robert Z. Lawrence

Label
Rising tide: is growth in emerging economies good for the united states?
Title
Rising tide: is growth in emerging economies good for the united states?
Statement of responsibility
Lawrence Edwards and Robert Z. Lawrence
Creator
Contributor
Subject
Language
eng
Summary
"In 1963, US President 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."--Publisher's website
Cataloging source
DLC
http://library.link/vocab/creatorName
Edwards, Lawrence
Dewey number
330.9172/4
Illustrations
illustrations
Index
index present
LC call number
HC59.7
LC item number
.E326 2013
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/relatedWorkOrContributorDate
1949-
http://library.link/vocab/relatedWorkOrContributorName
Lawrence, Robert Z.
http://library.link/vocab/subjectName
  • Economic development
  • United States
  • Developed countries
Label
Rising tide: is growth in emerging economies good for the united states?, Lawrence Edwards and Robert Z. Lawrence
Instantiates
Publication
Bibliography note
Includes bibliographical references (pages 253-268) and index
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
Introduction -- Trade and jobs : exploring the public's concerns. Trade and (total) jobs ; Imports and lost jobs and wages ; "Good jobs -- trade and US manufacturing -- Competitiveness, welfare, and inequality : exploring the concerns with detailed data. Do developed and developing countries compete head to head? -- Trade and welfare : exploring the economists' concerns. Developing-country growth and US welfare ; US welfare and the trade balance ; Oil -- Trade and wage inequality : exploring the economists' concerns. Developing-country trade and US wages : theoretical perspectives ; Trade and the US skill premium ; Conclusions and policy implications
Control code
ocn820553397
Dimensions
23 cm
Extent
xix, 277 pages
Isbn
9780881325003
Lccn
2012045670
Media category
unmediated
Media MARC source
rdamedia
Media type code
n
Other physical details
illustrations
System control number
(OCoLC)820553397
Label
Rising tide: is growth in emerging economies good for the united states?, Lawrence Edwards and Robert Z. Lawrence
Publication
Bibliography note
Includes bibliographical references (pages 253-268) and index
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
Introduction -- Trade and jobs : exploring the public's concerns. Trade and (total) jobs ; Imports and lost jobs and wages ; "Good jobs -- trade and US manufacturing -- Competitiveness, welfare, and inequality : exploring the concerns with detailed data. Do developed and developing countries compete head to head? -- Trade and welfare : exploring the economists' concerns. Developing-country growth and US welfare ; US welfare and the trade balance ; Oil -- Trade and wage inequality : exploring the economists' concerns. Developing-country trade and US wages : theoretical perspectives ; Trade and the US skill premium ; Conclusions and policy implications
Control code
ocn820553397
Dimensions
23 cm
Extent
xix, 277 pages
Isbn
9780881325003
Lccn
2012045670
Media category
unmediated
Media MARC source
rdamedia
Media type code
n
Other physical details
illustrations
System control number
(OCoLC)820553397

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