The Economic Pivot in a Political Context

by Jr. Wolf (Editor)

Overview

"When all too many so-called experts see things as they wish they were, Charles Wolf analyze facts to provide genuine insights into the past, present and future. This makes him an invaluable source for anyone who seeks to understand economic, political and security issues and trends."—Karen Elliott House, Wall Street JournalWolf's most probing essays, spanning several subjects appears here.

Product Details

ISBN-13:	9781560003267
Publisher:	Transaction Publishers
Publication date:	01/30/1991
Series:	RAND Studies Published with Transaction
Pages:	234
Product dimensions:	6.00(w) x 9.00(h) x (d)

About the Author

Charles Wolf, Jr. is distinguished chair in international economics and senior economic adviser at the Rand Corporation. In addition he is senior research fellow at the Hoover Institution at Stanford University and is on the advisory board of the Center for International Business and Economic Research at the University of California-Los Angeles’ Anderson School of Management. Some of his writings include Enhancement by Enlargement: The Proliferation Security Initiative; Modernizing the North Korean System: Objectives, Method, and Application; and Public Diplomacy: How to Think About and Improve It.

Table of Contents

I: Economic Forecasts and the Changing Global Economy; 1: Nonaccountability Among the Experts; 2: The Ebb of Neo-Mercantilism; 3: Pitfalls of Public Policy: Strategic Trade Policy and Industrial Policy; 4: Glib Rhetoric, Loose Thinking; 5: Taxes, Trade, and Growth; 6: Global Competition for Long-Term Capital: Who Will Win?; 7: What’s Behind the Weak Dollar?; 8: Who Really Needs a Country Anymore?; 9: Why Asia Will Matter More Than Europe; 10: Clintonomics versus Reaganomics; 11: Social Capital and Economic Performance; 12: “Downsizing,” Corporate Responsibility, and the Trade-Off Between Efficiency and Equity; II: Economic Power and Military Power; 13: Competing Priorities in the Post-Cold War Era; 14: Military Power, Economic Power, and a Less Disorderly World; 15: Economics and Security in Central Europe; 16: Economic Instruments, Military Instruments, and National Power; 17: Arms, Trade, and a Less Disorderly World; 18: Gun Control at Home, Decontrol Abroad; 19: Nixon’s View of the World; 20: Where the Disorderly World is Heading; III: The Economies of Japan and China; 21: Dissecting the Japanese Problem with “Occam’s Razor”; 22: Resuming the Protracted U.S.-Japan Economic Debate; 23: Clearing the Fog Over U.S.-Japan Economic Relations; 24: The Strong Yen of a Weakened Economy; 25: Sense and Nonsense About Dealing with Japan; 26: China’s Enlarged Economy; 27: Asia’s Rise Will Advance U.S. Prosperity; 28: The United States and Japan: “Revisionism” Revisited; 29: Rivalry and Disputes Among the Big Three; IV: Transforming the Russian and Ukrainian Economies; 30: Transforming Command Economies into Market Economies: Problems, Solutions, Obstacles; 31: The Ingredients of Transforming Command Economies; 32: Democracy and Free Markets; 33: Some Hopeful Signs amidst the Commonwealth’s Economic Travails; 34: Limited Optimism Rather Than Boundless Pessimism About the Russian Economy; 35: Two are Better Than One; 36: The Question of Soviet Aid; 37: Aiding Russia and Ukraine; 38: To Privatize, Randomize; 39: Swapping Debt for Equity in Russia

Editorial Reviews

"The Economic Pivot in a Political Context is an uncommonly well-informed analysis of some of the major issues in today's international and domestic political economy. Dr. Wolf has the rare capacity to clarify even the murkiest subjects, simplifying understanding without sacrificing accuracy. No work on this subject so perfectly combines reader-friendly lucidity with a complexity that is made understandable. The result is a volume of essays, written with consummate grace, that hang together, are worth reading, and worth relying upon." —Joel L. Fleishman, President, The Atlantic Philanthropic Service "When all too many so-called experts see things as they wish they were, Charles Wolf analyzes facts to provide genuine insight into the past, present and future. This makes him an invaluable source for anyone who seeks to understand economic, political and security issues and trends." —James Flanigan, Los Angeles Times

From the Publisher