America in the World Economy: A Strategy for the 1990s
This work is an analysis of the critical economic issues facing the United States both domestically and globally, which looks forward to the 1990s. The author propounds a strategy of competitive interdependence to address the macroeconomic, monetary, financial and trade components of the problems.
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The Economic Setting
The Global Framework
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abroad achieve adjustment administration and Congress agreement annual Asian NICs Baker Plan barriers Bergsten bilateral billion Bretton Woods system budget deficit capital Chapter Cline competitive considerable coordination current account deficit debtor countries decline dollar domestic demand early economic policies effective effort eliminate Europe European exchange rate expansion export external deficit fiscal foreign Fred Bergsten Funabashi Fund further GATT Germany global growth of domestic IFIs imbalances important improvement increase industrial countries inflation inflow interest rates international economic international financial international monetary issues Japan leadership lending liberalization macroeconomic major needed negotiations Omnibus Trade Act package percent period political position pressures problem productivity proposed protectionism protectionist quotas rapid recession reduce reforms relief result rise role sectors stability strategy substantial surplus countries Taiwan Third World debt trade balance trade policy United Uruguay Round World Bank world economy