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000637883 05000 $$aHC59.7$$b.E326 2013
000637883 08200 $$a330.9172/4$$223
000637883 1001_ $$aEdwards, Lawrence James.
000637883 24510 $$aRising tide: is growth in emerging economies good for the united states? /$$cLawrence Edwards and Robert Z. Lawrence.
000637883 260__ $$aWashington, DC :$$bPeterson Institute for International Economics,$$c2013.
000637883 300__ $$axix, 277 p. :$$bill. ;$$c23 cm.
000637883 504__ $$aIncludes bibliographical references (p. 253-268) and index.
000637883 5052_ $$aTrade and Jobs: Exploring the Public's Concerns -- Trade and (Total) Jobs -- Imports and Lost Jobs and Wages -- "Good Jobs" - Trade and US Manufacturing Employment -- Competitiveness, Welfare, and Inequality: Exploring the Concerns with Detailed Data -- Do Developed and Developing Countries Compete Head to Head? -- Trade and Welfare: Exploring the Economists' Concerns -- Developing- Country Growth and US Welfare -- US Welfare and the Trade Balance -- Oil -- Trade and Wage Inequality: Exploring the Economists' Concerns -- Developing-Country Trade and US Wages: Theoretical Perspectives -- Trade and the US Skill Premium -- Conclusions and Policy Implications.
000637883 520__ $$a"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.
000637883 650_0 $$aEconomic development$$zDeveloping countries.
000637883 651_0 $$aUnited States$$xEconomic conditions$$y21st century.
000637883 651_0 $$aDeveloped countries$$xEconomic conditions.
000637883 7001_ $$aLawrence, Robert Z.,$$d1949-
000637883 85200 $$bgen$$hHC59.7$$i.E326$$i2013
000637883 909CO $$ooai:library.usi.edu:637883$$pGLOBAL_SET
000637883 980__ $$aBIB
000637883 980__ $$aBOOK