THE LAST ECONOMIC SUPERPOWER:THE RETREAT OF GLOBALIZATION QUINLAN J. /THE END OF AMERICAN DOMINANCE AND WHAT WE CAN DO ABOUT IT/ Księgarnia

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The global economy, designed by Western powers with the United States as lead architect, is in the process of reconfiguration. The 2008 global financial crisis has terminated America’s reign as sole economic superpower and opened up important new spheres of influence to developing nations.

Does this signal the retreat of globalization as we know it? Has an economic “cold war” already begun? Will the West ever exert the kind of control and influence it enjoyed just a few short years ago?

In The Last Economic Superpower, Joseph P. Quinlan, a Wall Street veteran and expert on global economic affairs, addresses these questions and many others. Presenting his vision with refreshing clarity and objectivity,

Quinlan examines:

How America went from being a major creditor to the world’s largest debtor nation in only two decades
Five critical issues America must face in order to prevent permanent fragmentation of the global economy
What the fading appeal of Europe and Japan means for the future of globalization
What China, India, and others have that the West doesn’t—and why this gives them unprecedented leverage

Decisions made now will shape the course of history. The Last Economic Superpower outlines critical choices that must be made in order to recast, reinvent, and reenergize a new style of globalization.

The Last Economic Superpower lays bare the issues and challenges that will decide whether the world builds a new, functional system that serves all or fragments into separate spheres of influence, which benefits no one.

Table of Contents

Acknowledgments vii

Introduction The Beginning of the End ix

Chapter 1 Globalization's Comeback 1

Chapter 2 The Gathering Storm 27

Chapter 3 Financial Armageddon and the Retreat of Globalization 53

Chapter 4 Speeding toward a Messy Multipolar World 83

Chapter 5 A Handicapped Giant: Causes and Consequences 119

Chapter 6 The Twilight of Europe and Japan 143

Chapter 7 Flexing Their Muscle-The New Power Brokers in Action 173

Chapter 8 The Coming Economic Cold War 211

Chapter 9 Globalization Reincarnated 241

Notes 267

References 275

Index 279

304 pages, Hardcover

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