The American Economy
The Struggle for Supremacy in the 21st Century

This work focuses on the economic challenges the American economy has met during the post-World War II era, and on the new challenges which confront it.

Nicolas Spulber (Author)

9780521480130, Cambridge University Press

Hardback, published 28 April 1995

308 pages
23.7 x 15.8 x 2.3 cm, 0.614 kg

'… a welcome contrast to much of the polemical literature in this area, being firmly grounded in economic analysis and quantitative evidence but remaining accessible and clearly written.' Economic History Review

This work focuses on the economic challenges the American economy has faced during the post-World War II era, and on the new challenges - represented notably by the competing economies of Japan, Germany, and of the entire European Union - which confront it as the twenty-first century approaches. Professor Spulber presents a detailed critique of the thesis alleging that the American economy has experienced some kind of decline, and also argues that the economy will continue to move forward energetically and successfully if growth and change are primarily left to emerge from the impulses and incentives of the private economy.

Preface
Part I. A Challenge Met: 1. Postwar growth and change
2. Government-business relationship
Part II. The New Challenge and its Implications: 3. The challenge
4. The implications
Part III. The Long Run Development of the US Economy: 5. The structural transformations
6. The state machine and the evolving economy
Part IV. The Road Ahead: 7. New priorities
8. Contests at technological frontiers.

Subject Areas: Economic systems & structures [KCS]