U.S. trade policy
Great Decisions 2014 | Topic 8
Now, as China and other emerging nations battle the U.S. for global influence, Secretary Kerry will take the reigns as a free market matchmaker.
America’s foreign policy tools are not limited to sanctions, treaties or military campaigns – they also include the sales pitch. The logic behind this pitch, or “economic statecraft,” is simple: promote the benefits of democracy and the free market. In so doing, the U.S. will gain valuable and stable partners, both in business and in diplomacy. Now, as China and other emerging nations battle the U.S. for global influence, Secretary Kerry will take the reigns as a free market matchmaker.
A collection of scholarly essays that makes the case that new rules are needed to guide further globalization, especially while attitudes about global economic governance continue to diverge.
Joseph E. Stiglitz, winner of the 2001 Nobel Prize in Economics, explains why globalization has provoked so much hostility all over the world and lays out a reform agenda that seeks to address underlying problems.