Once unquestionably the world's leading economic and industrial power, the United States now views with growing dismay … United States truly lagging in its ability to compete effectively in world markets? Concern over this question has been …, policymakers, and those in the business world …

There is no doubt that the open multilateral trading system after World War II was a key ingredient in the rapid … economic development of the entire world. Especially in Hong Kong, Korea, Singapore, and Taiwan, exports increased dramatically … emerge as significant factors affecting world trade. This volume contains thirteen papers that analyze the tensions between …

expanding world economy was dollar balances. The role of the United States was to act as banker to the world, borrowing short …