Beyond Foreign Economic Policy

Vernon, the acknowledged authority in international economics, analyzes the past, present and dangerous future of American trade politics and policymaking. He recommends giving up on comprehensive global agreements, and urges narrow agreements between a small number of countries.

Investigates the ways in which the US responded to the European Community's Single Market Program, launched in the 1980s, arguing that foreign economic policy is the product of interests and actions expressed by a wide range of groups and at many different levels. Analyzes changes faced by the US in the world political economy of the 1990s, and details the process by which Congress, state governments, and US executives and firms responded to the Single Market Program, looking especially at issues of public procurement, and standards, testing, and certification. Distributed by Books International. Annotation copyrighted by Book News, Inc., Portland, OR

In this sobering analysis of American foreign policy under Trump, the award-winning economist calls for a new approach to international engagement. The American Century began in 1941 and ended in 2017, on the day of President Trump’s inauguration. The subsequent turn toward nationalism and “America first” unilateralism did not made America great. It announced the abdication of our responsibilities in the face of environmental crises, political upheaval, mass migration, and other global challenges. As a result, America no longer dominates geopolitics or the world economy as it once did. In this incisive and passionate book, Jeffrey D. Sachs provides the blueprint for a new foreign policy that embraces global cooperation, international law, and aspirations for worldwide prosperity. He argues that America’s approach to the world must shift from military might and wars of choice to a commitment to shared objectives of sustainable development. A New Foreign Policy explores both the danger of the “America first” mindset and the possibilities for a new way forward, proposing timely and achievable plans to foster global economic growth, reconfigure the United Nations for the twenty-first century, and build a multipolar world that is prosperous, peaceful, fair, and resilient.

The authors review the history of the international financial system; describe the rapid growth in the 1980s of the U.S. and Third World deficits and debts; emphasize the rising relative importance of Europe, Japan and other East Asian nations; suggest a crescendo of mounting problems in these matters; and summarize some solutions. ISBN 0-669-17109-3: $40.00.

"The promotion of economic development is a recurrent area of interest, both in the policy ground as well as in the academic arena. Developed and developing countries are aware that there are pending issues to be solved. Trying to offer a response to some of them, the Sustainable Development Goals (SDGs) or the 2030 Agenda of the United Nations balance social, economic and environmental factors which are in turn the pillars for sustainable economic growth. In this context, social changes, innovations, and technological advances would play a crucial role. But the needed changes require adequate economic policies aimed to promote sustainable economic development. Joint to this, the past financial and economic crisis has questioned the usefulness of several paradigms accepted by the academy and has also favored the research on economic policies. In the current globalized world, the new approaches to conduct economic policies, and the practical lessons that emerge from empirical analysis, are revealed as necessary tools to understand international economic relations. In this book, we provide some contributions that show the most recent approaches showing to which extent economic policies would overcome a sustainable economic development. First, we will review the current situation and the perspectives of development theories and policies. Next, we will show the scope of both demand-side and supply-side policies, when trying to achieve economic development. Finally, we will show several examples of how developing countries from the Latin America area are dealing with the current situation after the economic crisis, in light of the Sustainable Development Goals. Our results provide a vast and comprehensive analysis of the situation, the perspective and the proposals for the future of the economic policies for development"--

This volume is the result of the 2012 International Economic Association's series of roundtables on the theme of Industrial Policy. The first, 'New Thinking on Industrial Policy,' was hosted by the World Bank in Washington, D.C, and the second, 'New Thinking on Industrial Policy: Implications for Africa,' was held in Pretoria, South Africa.

Drawing on their experience as government insiders, the authors of this book show how economic policy is shaped at the highest levels of government. They reveal the interconnections between economic, social and international policy, covering such issues as the advocacy system.