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Item Details
Title: THE END OF INFLUENCE
WHAT HAPPENS WHEN OTHER COUNTRIES HAVE THE MONEY
By: J. Bradford DeLong, Stephen S. Cohen
Format: Electronic book text

List price: £9.99


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ISBN 10: 0465020070
ISBN 13: 9780465020072
Publisher: THE PERSEUS BOOKS GROUP
Pub. date: 5 January, 2010
Description: Now that the US is not the world's biggest banker, its future as a superpower is looking shaky.
Synopsis: At the end of World War II, the United States had all the money-and all the power. Now, America finds itself cash poor, and to a great extent power follows money. In The End of Influence, renowned economic analysts Stephen S. Cohen and J. Bradford DeLong explore the grave consequences this loss will have for America's place in the world. America, Cohen and DeLong argue, will no longer be the world's hyperpower. It will no longer wield soft cultural power or dictate a monolithic foreign policy. More damaging, though, is the blow to the world's ability to innovate economically, financially, and politically. Cohen and DeLong also explore American's complicated relationship with China, the misunderstood role of sovereign wealth funds, and the return of state-led capitalism. An essential read for anyone interested in how global economics and finance interact with national policy, The End of Influence explains the far-reaching and potentially long-lasting but little-noted consequences of our great fiscal crisis.
Reader Age: From 18 years
Publication: US
Imprint: Basic Books
Returns: Non-returnable
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