Every hour of every day Americans see, smell, taste, or hear goods and services traded between the United States and other nations. Trade issues are front-page news but most Americans know little about the potential impact of global economic interdependence on their jobs, standard of living, and quality of life.
In Trade and the American Dream, Susan Aaronson highlights a previously ignored dimension of the United States trade policy: public understanding. Focusing on the debate over the three mechanisms designed to govern world trade—the International Trade Organization (ITO), the General Agreement on Tariffs and Trade (GATT), and the World Trade ...Read More
The cold war between the United States and the Soviet Union provided the context for U.S. policies toward Central America from the 1950s to the 1980s. Nonetheless, attitudes developed during the Cold War cannot explain the specific content of U.S. foreign policies toward the region.
Ronald W. Cox argues that U.S. business interests have worked with policymakers to develop trade, aid and investment policies toward Central America. He reveals how the relationship between business groups and the state has been shaped by business competition, national security considerations, institutional structures, and instability in the Central American countries.
Many see the state ...Read More
Economic aid to developing countries is an important—and often controversial—part of foreign policy for many Western nations. But how effective is such aid in achieving the objectives of the giver and the recipient? In this important study, Paul Mosley offers a challenging reassessment of the role of economic aid for nations on both sides of the equation.
Mosley examines in detail the foreign aid programs of the leading Western powers with particular regard to the role of aid in international politics, and then examines the effectiveness of aid as a subsidy to exports, as an instrument of development, and as ...Read More
A glut of oil, dropping prices, the threat of insolvency, a divided membership—these developments in the early weeks of 1985 underline the cogency of Mohammed Ahrari's historical study of the OPEC oil cartel and his argument that economic forces, not politics, determine OPEC's action in the world arena.
The impetus for the formation of OPEC in 1960 was the desire of the oil-producing states for greater income from their most valuable resource. The international oil corporations had secured lucrative concessions early in this century, and in the 1960s they still dictated both the terms of production and the prices paid ...Read More
Having gained fame and success in business, Paul G. Hoffman went on to become involved in a wide range of public concerns. In this new and revealing biography Alan R. Raucher provides the first assessment of Hoffman's entire career, beginning with his rise to the presidency of Studebaker and his success in applying progressive management to lift it from bankruptcy to profitability. A firm believer in the automobile, Hoffman became known as a sales genius, as a promoter of the new human relations approach to labor management, and as the industry's apostle of automotive safety.
Raucher follows the movement of ...Read More
In the 1880s, Southern boosters saw the growth of industry as the only means of escaping the poverty that engulfed the postbellum South. In the long run, however, as James C. Cobb demonstrates in this illuminating book, industrial development left much of the South's poverty unrelieved and often reinforced rather than undermined its conservative social and political philosophy. The exploitation of the South's resources, largely by interests from outside the region, was not only perpetuated but in many ways strengthened as industrialization proceeded. The 20th Century brought increasing competition for industry that favored management over labor and exploitation over protection ...Read More
The energy problem confronting the United States has focused attention on Kentucky's coal. Mr. Harvey here presents a comprehensive analysis of the coal industry in Kentucky, which consistently produces more than a fifth of the nation's coal. Because the coal industries in eastern and western Kentucky differ in many respects, Mr. Harvey has analyzed them separately. Although faced with competition from the foreign oil market, prospects for eastern Kentucky coal seem favorable because of its high quality and easy access to markets. The future of the coal industry in western Kentucky, Mr. Harvey asserts, depends upon implementation and enforcement of ...Read More
On March 6, 1933, Franklin D. Roosevelt, less than forty-eight hours after becoming president, ordered the suspension of all banking facilities in the United States. How the nation had reached such a desperate situation and how it responded to the banking “holiday” are examined in this book, the first full-length study of the crisis.
Although the 1920s had witnessed a wave of bank failures, the situation worsened after the 1929 stock market crash, and by the winter of 1932-1933, complete banking collapse threatened much of the nation. President Hoover’s stopgap measures proved totally inadequate, the author shows, and by March ...Read More
In this study of the structure of core city expenditures, Mr. Bahl analyzes the functional relationship between per capita expenditures and selected economic, demographic, and sociological factors. He finds that the problems central to intercity variations in per capita spending are directly related to the coordination of fiscal and physical planning and that economic and social areas, not corporate boundaries, represent the most appropriate planning units.
Mr. Bahl extends the static analysis of the pioneering work of Harvey Brazer to a comparative static and temporal context, comparing through regression techniques the factors underlying per capita variations in 198 Standard Metropolitan ...Read More
Noting the variety of methods by which the concept of economic capacity is measured and the different ways that the concept is defined, Richard E. Gift seeks here to develop a conceptual framework within which a meaningful interpretation of these many definitions and measures of productive capacity can be made.
Gift's method is to show the common structure that is shared by all capacity concepts and arguments. This structure consists of a list of variables that must always be considered when assessing the economic capacity of productive equipment. He then shows that the problems which arise in comparing capacities for ...Read More
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