The World Economy After the Cold War

Summary -- 

Explains (1) the post-Cold War advent of a world security regime in which "the Big Three of economics" (USA, Europe, Japan) "supplant the Big Two of nuclear competition" (2) the economic bloc rivalries that this must inevitably bring with it, and the sorts of instability that might ensue. Suggests various internal reforms and external initiatives which might serve to reduce these.

C. Fred Bergsten is Director of the Institute for International Economics, former Assistant Secretary of the Treasury for International Affairs (1977-81) and Assistant for International Economic Affairs to the National Security Council (1969-71), and author of 18 books on a wide range of international economic issues. Copyright (c) 1990 by C. Fred Bergsten.

We're sorry, but Foreign Affairs does not have the copyright to display this article online.