Visions and Revisions
Subtitle: The United States in the Global Economy
Publisher: Westview Press
Published: May 1, 1999
Language: eng
Format: Paperback
Number of pages: 300
ISBN-13: 9780813335520
Subjects: International economics; Labour economics; Macroeconomics; Work & labour; Public Policy - Economic Policy; International Economics (Specific Aspects); Business & Economics; Politics / Current Events; Politics/International Relations; USA; International Relations - General; Political Science / International Relations; Commerce; United States; International - General; 1981-; Economic Conditions; Foreign economic relations
First sentence: In 1993, the U.S. Senate, after a bruising debate, narrowly ratified the North American Free Trade Agreement (NAFTA).
Description: This book examines the impact of "globalization" on the U.S. economy. Although temporarily muted by the "exceptional" state of the country's financial markets in recent years, a high level of employment, a low inflation rate, and extraordinary stock prices, the increased integration of the U.S. economy with that of the rest of the world has been controversial and a source of concern.

The conclusion that emerges from this thought-provoking study is that much of the angst generated by the so-called globalization process is, at least at the present time, unjustified and that on balance the process has been beneficial.