The United States in the World Economy Making Sense of Globalization
This book assesses the impact of globalization on the US economy from the perspective of international trade, finance and immigration, with a view to eliminating misinformation in the current public debate about the costs and benefits of globalization. Th
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The United States in the World Economy
Previous Books by This Author
Governing Global Finance: The Evolution and Reform of the International Financial Architecture (2011) Globalization and Development: Why East Asia Surged Ahead and Latin America Fell Behind (2014) The Global Financial Crisis in Retrospect: Evolution, Resolution and Lessons for Prevention (2017)
Anthony Elson
The United States in the World Economy Making Sense of Globalization
Anthony Elson School of Advanced International Studies Johns Hopkins University Washington, DC, USA
ISBN 978-3-030-20687-1 ISBN 978-3-030-20688-8 (eBook) https://doi.org/10.1007/978-3-030-20688-8 © The Editor(s) (if applicable) and The Author(s), under exclusive licence to Springer Nature Switzerland AG 2019 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. This Palgrave Macmillan imprint is published by the registered company Springer Nature Switzerland AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
To Dolly, My Lifetime Love, Wise Counselor and Delightful Companion
Preface
This is the fourth book on economic and financial globalization that I have written over the past decade. Each of these books has evolved in some way out of my professional training and experience as an international economist, a career official of the International Monetary Fund (IMF), an economic consultant with the World Bank and a lecturer at Duke, Johns Hopkins and Yale universities. The writing of my first book, Governing Global Finance: The Evolution and Reform of the International Financial Architecture, began when I was teaching as the AGIP Professor of International Economics at the European Center of the Johns Hopkins School of Advanced International Studies (SAIS) during the period of the global financial crisis (2008–09). It reflected my attempt to understand the ori
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