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
Title remainder
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
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
  • Economic development
  • Economic history
  • Developed countries
  • Developing countries
  • United States
  • Conditions économiques
  • Relations commerciales
  • Pays en développement
  • Balance commerciale
  • Nouveaux pays industrialisés
  • Volume des importations
  • Marché du travail
  • Etats-Unis d'Amérique
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 (p. 253-268) and index
Contents
Trade and Jobs : Exploring the Public's Concerns -- Trade and (Total) Jobs -- Imports and Lost Jobs and Wages -- "Good Jobs" - Trade and US Manufacturing Employment -- 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
820553397
Dimensions
23 cm
Extent
xix, 277 p.
Isbn
9780881325003
Lccn
2012045670
Other physical details
ill.
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 (p. 253-268) and index
Contents
Trade and Jobs : Exploring the Public's Concerns -- Trade and (Total) Jobs -- Imports and Lost Jobs and Wages -- "Good Jobs" - Trade and US Manufacturing Employment -- 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
820553397
Dimensions
23 cm
Extent
xix, 277 p.
Isbn
9780881325003
Lccn
2012045670
Other physical details
ill.
System control number
(OCoLC)820553397

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