Accelerating globalization of world markets and increasing interdependence of the economies of the world has made policy-making very complex, especially in the United States. One of the most debated subjects in recent years has been whether the U.S. is capable of simultaneously dealing with serious domestic challenges and economic challenges from the rest of the world. It is becoming more important for the generalist in economics, political science, business, and other areas to understand the issues confronting the American economy in relation to rapid global economic change.
About the Author:
GEORGE MACESICH is Professor of Economics and Director of the Institute for Comparative Policy Studies at Florida State University. He is the author of many articles and books in the economics field, including eighteen with Praeger Publishers.