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Global Economic Disparity : A Dynamic Force in Geoeconomic Competition of Superpowers by Jae Wan Chung (2019, Trade Paperback)
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About this product
Product Identifiers
PublisherLexington Books/Fortress Academic
ISBN-101498516092
ISBN-139781498516099
eBay Product ID (ePID)18038376765
Product Key Features
Number of Pages192 Pages
LanguageEnglish
Publication NameGlobal Economic Disparity : a Dynamic Force in Geoeconomic Competition of Superpowers
SubjectEconomic History, Political Economy, International / Economics, Developing & Emerging Countries, Geopolitics, Economic Conditions, Development / Economic Development
Publication Year2019
TypeTextbook
Subject AreaPolitical Science, Social Science, Business & Economics
AuthorJae Wan Chung
FormatTrade Paperback
Dimensions
Item Height0.6 in
Item Weight10.9 Oz
Item Length8.5 in
Item Width6 in
Additional Product Features
Intended AudienceScholarly & Professional
Dewey Edition23
ReviewsJae Wan Chung has put together an interesting analysis of recent economic history in Global Economic Disparity. Chung paints history on a large canvas, interpreted through the lens of economic theory and through the underlying forces of international trade and finance. The book provides a good read as well as plenty of food for thought., A provocative thesis--that global economic disparity is the primary cause of major global historical events. A sure bet to generate lively class discussion. This book will be an excellent component for any undergraduate global political economy course., Professor Chung argues forcefully that major historical events arise from the interaction of superpowers facing economic disparities. His policy conclusion - that reducing global economic disparities would promote international stability - deserves to be widely considered.
IllustratedYes
Dewey Decimal337
Table Of ContentIntroduction 1. Global Economic Disparity 2. Global Economy and Superpowers 3. Open Economy Macroeconomic Principles and Policy Implications 4. Financial Crises in the United States 5. Impact of the U.S. Financial Crisis on Economies of Euro Countries and East Asia 6. Human Resources and Technology 7. Raw Materials 8. Energy 9. Environment, Global Warming and Water Resources 10. Food, Population and Poverty Conclusions
SynopsisThe world is a veritable stage for superpowers. Major historical events are best viewed as the outcomes of games played by superpowers for their own economic interests. The objective of this book is to explore the primary cause of global historical events. A global economic disparity (GED) motivates superpowers to pursue their interests and results in the corresponding global historical event (GHE). This book explores the causal relationships between GEDs and GHEs that stand out in recent global history since the first Industrial Revolution, taking a geoeconomic approach which encompasses economics, international political affairs, history, and geography. The book confirms the causalities between GEDs and GHEs. It is a pioneering work that provides a unique but powerful policy implication: in order to alleviate international conflicts and tensions between superpowers, it is necessary to reduce GEDs. And since it is virtually impossible for a few superpowers to reduce the GEDs, the world economy needs a multipolar economic system for global stability through competition.The book was written shortly after the world economy was trapped within downward spirals caused by the US financial crisis and its contagion. As a collective representation of GEDs in various areas, the financial disparity is a central part of GEDs. The book rigorously examines the financial crisis (2008-2014) in the United States and the Fed's response, a program of quantitative easing (QE) implemented in three phases, while bearing in mind that the origin of the current crisis is not solely the financial sector or stock markets, but worldwide economic disequilibrium. This book also focuses on the details for the causal relationships prevailing in several major areas: human resources, raw materials, energy, environment, and poverty., This book explores geoeconomic insights into the global economy of superpowers. In ten chapters, the author explores causal relationships between global economic disparities and historical events, proceeding from the general to the specific., The world is a veritable stage for superpowers. Major historical events are best viewed as the outcomes of games played by superpowers for their own economic interests. The objective of this book is to explore the primary cause of global historical events. A global economic disparity (GED) motivates superpowers to pursue their interests and results in the corresponding global historical event (GHE). This book explores the causal relationships between GEDs and GHEs that stand out in recent global history since the first Industrial Revolution, taking a geoeconomic approach which encompasses economics, international political affairs, history, and geography. The book confirms the causalities between GEDs and GHEs. It is a pioneering work that provides a unique but powerful policy implication: in order to alleviate international conflicts and tensions between superpowers, it is necessary to reduce GEDs. And since it is virtually impossible for a few superpowers to reduce the GEDs, the world economy needs a multipolar economic system for global stability through competition. The book was written shortly after the world economy was trapped within downward spirals caused by the US financial crisis and its contagion. As a collective representation of GEDs in various areas, the financial disparity is a central part of GEDs. The book rigorously examines the financial crisis (2008-2014) in the United States and the Fed's response, a program of quantitative easing (QE) implemented in three phases, while bearing in mind that the origin of the current crisis is not solely the financial sector or stock markets, but worldwide economic disequilibrium. This book also focuses on the details for the causal relationships prevailing in several major areas: human resources, raw materials, energy, environment, and poverty.
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