• ISBN13: 9781405183437
• Binding: Paperback
• Subject: Economics
• Publisher: Wiley
• Publisher Imprint: Wiley-Blac
• Publication Date: January 1, 2011
• Pages: 320
• Original Price: USD 45.95
• Language: English
• Edition: N/A
• Item Weight: 454 grams
• BISAC Subject(s): Economic History and International / Economics & Trade

From the Back Cover
In The Contemporary Global Economy, Alfred Eckes provides a lively overview of recent turbulence in the world economy for non-specialists. Focusing on the dynamics of globalization since the 1980s, the book views developments historically, explaining how the main motors of economic change work and how we can discern their effects in the world today.

Eckes begins with a brief description of economic change since the nineteenth century, the age of the 'first global economy', and indicates how the dramatic change in the world economy since the 1980s led to a new era in global expansion with the rise of China and other emerging powers. He explains how structural imbalances, policy mistakes, and excesses led to the financial crisis of 2007-2010.

The book describes the different aspects of the economy from the role of the World Trade Organization to the workings of financial markets, and the actions of the International Monetary Fund and the Group of Twenty nations. It explains the underlying changes that have affected individuals in their various roles as consumers, producers, workers and citizens around the world, and identifies the challenges for sustainable economic growth in the years ahead. It also examines the underside of globalization, including human trafficking, sweatshops, organized crime, unsafe products, and environmental destruction.

Alfred E. Eckes, Jr., is Ohio Eminent Research Professor of Contemporary History at Ohio University and a former Chairman of the U.S. International Trade Commission. He has published a number of books on international trade and finance, the competition for world resources, and globalization. Eckes is a former president and executive vice president of the International Trade and Finance Association (IT&FA), an organization of academics and professionals from 25 countries. He has served as editor of its journal, the Global Economy Journal.