The Road to Global Prosperity

Michael Mandelbaum (Get this book)
A distinguished analyst of international affairs looks at the future of the global economy and discovers mostly good news. Mandelbaum concedes the difficulty of accurate predictions, but he insists we know enough now about how the global economy works to identify the forces likely to shape it. He takes it as a given that, notwithstanding a backward step or two, the global economy will continue to grow if we can overcome political obstacles that stand in the way of prosperity. He begins by discussing global security, essential to the growth of free markets, and the continuing, if somewhat diminished, role of the United States as enforcer. All readers, though, will admire his firm grasp of economics and history, his startling analogies--for example, comparing the study of economics to the science of seismology--and his smooth, genial delivery of complex information. An incisive assessment of the political problems underlying our increasingly integrated world economy.--Kirkus