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Exploring the Global Economy: Emerging Issues in Trade and Investment

Raymond Vernon
Reviewed by William Diebold, Jr.
Spring 1986
Exploring the Global Economy: Emerging Issues in Trade and Investment
Raymond Vernon
University Press of America
1985
225 pp.
$19.25
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This is a valuable book because it brings together a dozen papers previously published individually by one of our best analysts. Four on state-owned enterprises are of special interest. The publishers are to be thanked for providing an index.

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In the Magazine

November/December 2009, 6, 88
Essay
The Dollar and the Deficits
C. Fred Bergsten

The global economic crisis has revealed the folly of large U.S. budget and trade deficits, as well as of the strong dollar that makes them possible. If it is serious about recovery, the United States must balance the budget, stimulate private saving, and embrace a declining dollar.
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