The Evolution of U.S. Leadership in the Global Economy: Dilemmas and Choices

Great Decisions 2025 | Topic 2

Over the past two presidential terms, the U.S. has strongly pivoted away from neoliberalism as a foreign economic policy approach.

Over the past two presidential terms, the U.S. has strongly pivoted away from neoliberalism as a foreign economic policy approach.

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Recommended Readings

Alexander Cooley and Daniel Nexon, "Exit from Hegemony."

A discussion of the unraveling of the liberal international order.
Henry Farrell and Abraham Newman, "Underground Empire."

An outstanding exploration of how the U.S. has grown more comfortable with coercive economic statecraft in the 21st century.
Rana Foroohar, "After Neoliberalism: All Economics is Local."

Concise summary of post-neoliberal thinking on foreign economic policy.
Pinelopi Goldberg and Tristan Reed, "Is the Global Economy Deglobalizing? And If So, Why? And What Is Next?"

A critical consideration of multiple post-neoliberal claims about the global economy.
G. John Ikenberry, "Liberal Leviathan."

An argument for the sustainability and attractiveness of the liberal international order.
Eric Helleiner, "Economic Globalization's Polycrisis."

An exploration of why globalization is facing such an intellectual onslaught.

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