The recent global financial crisis illustrates how fragile economic globalization is and how vulnerable all global citizens are to economic events outside their own country. Indeed, global economics is more important for national economic growth than domestic policies. Globalization and change interact and shape the economic environment for citizens and enterprises. These essays represent observations made over a ten-year period which attempt to analyze what is happening, why it happened and the impact on global and national economic growth. Readers may not find solutions or answers to all the perplexing events in the world, but they will gain a better understanding of how global politics and economics work, and in some cases, how they should but actually do not work.

Review

There are a handful of international forces that will shape our world this century and there are only a handful of thinkers who can integrate these trends and explain their consequences. Joergen Moeller tackles the rise of China and India, Europe's role in this new Asia, the socio-political impact of globalization, the potential structural weaknesses in the U.S. economy, and the need for an international political culture based on mutual respect and tolerance -- and he does so with cogency and clarity. For people who enjoy thinking about the big picture, at times penetrating, at times iconoclastic, and at times just unsettling, this is your book. --Frank Lavin, former Under Secretary, US Department of Commerce and former US Ambassador to Singapore

Without question the author has given readers a book that's well worth reading. Its contents are far from trivial and could be instructive to leaders and citizens who strive to bring about a global civil society wherein the central concern is for human well-being, peace, security and stability ... The book is well written, substantive, challenging and extensively researched. In this reviewer's judgement, it should not be missed by university students, their teachers as well as policy-makers and general readers. --Asean Economic Bulletin

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