The Last Economic Superpower: The Retreat of Globalization, the End of American Dominance, and What We Can Do About It: The Retreat of Globalization,  by Joseph P. QuinlanThe Last Economic Superpower: The Retreat of Globalization, the End of American Dominance, and What We Can Do About It: The Retreat of Globalization,  by Joseph P. Quinlan

The Last Economic Superpower: The Retreat of Globalization, the End of American Dominance, and What…

byJoseph P. Quinlan

Hardcover | November 10, 2010

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The Risks and Rewards for the Westin the Coming Multipolar World

"A marked shift has occurred in the tone and assumptions surrounding our national fortune. Nowhere is this better seen than in the second generation of books dealing with America’s financial crisis, particularly Joseph P. Quinlan’s The Last Economic Superpower."
New York Journal of Books

The global economy, designed by Westernpowers with the United States as lead architect,is in the process of reconfiguration. The2008 global financial crisis has terminatedAmerica’s reign as sole economic superpowerand opened up important new spheres of influenceto developing nations.

Does this signal the retreat of globalizationas we know it? Has an economic “coldwar” already begun? Will the West ever exertthe kind of control and influence it enjoyedjust a few short years ago?

In The Last Economic Superpower, JosephP. Quinlan, a Wall Street veteran and experton global economic affairs, addresses thesequestions and many others. Presenting hisvision with refreshing clarity and objectivity,Quinlan examines:

  • How America went from being a majorcreditor to the world’s largest debtor nationin only two decades
  • Five critical issues America must face inorder to prevent permanent fragmentation ofthe global economy
  • What the fading appeal of Europe andJapan means for the future of globalization
  • What China, India, and others havethat the West doesn’t--and why thisgives them unprecedented leverage

    Decisions made now will shape the courseof history. The Last Economic Superpoweroutlines critical choices that must be made inorder to recast, reinvent, and reenergize a newstyle of globalization.

    The Last Economic Superpower lays barethe issues and challenges that will decidewhether the world builds a new, functionalsystem that serves all or fragments into separatespheres of influence, which benefits noone.

Joseph P. Quinlan is Managing Director and the Chief Market Strategist of Bank of America, Global Wealth and Investment Management, in New York. He also serves as Senior Fellow at the Center for Transatlantic Relations, the Paul H. Nitze School of Advanced International Studies (SAIS) of Johns Hopkins University. Quinlan lectures on gl...
Title:The Last Economic Superpower: The Retreat of Globalization, the End of American Dominance, and What…Format:HardcoverDimensions:304 pages, 9.1 × 6.5 × 1 inPublished:November 10, 2010Publisher:McGraw-Hill EducationLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0071742832

ISBN - 13:9780071742832

Customer Reviews of The Last Economic Superpower: The Retreat of Globalization, the End of American Dominance, and What We Can Do About It: The Retreat of Globalization,

Reviews

Rated 5 out of 5 by from Great review of current world political economics Joseph Quinlan takes the reader on a journey through recent financial history leading to the financial catastrophe of 2008, with a focus on current shifts and power struggles between countries and regions. The recent historical observations would be enough for some books, but Quinlan goes beyond that to express the current give and takes, and dilemma facing todays economic powers. Later in the book Quinlan takes a harsh view of various negative consequences that could befall the world – should the power nations deviate from the globalization path, to become isolationist economic states. He does an excellent job of painting a depressing world of considerable angst, tension, destabilization of our existing power regime, and generally a step back from the progress the world has made in the past decades. Fortunately, Quinlan uses this serious, and frightful scenario as a contrast to a more optimistic view and choice. Quinlan leaves the reader with the better choices the world, and U.S. (current economic superpower) must make to result in a world with a progressive economic trade system, and reduction of xenophobia, political tensions and protectionism. Quinlan provides a fascinating view of possible futures, with a strong element of hope that the right choices will prevail, that will result in many new POSITIVE changes to the economic and political world. Good review of current economic politics, written in an appealing way that makes you want to continue reading through to the end.
Date published: 2010-12-10

Table of Contents

Introduction; Chapter 1. Twenty-five Glorious Years; Chapter 2. The Gathering Storm; Chapter 3. Meltdown and Financial Armageddon; Chapter 4. Speeding Toward a Multi-Polar World; Chapter 5. The "Lost Decade" Leaves a Crippled Giant; Chapter 6. The Twilight in Japan and Europe; Chapter 7. Flexing New Muscles; Chapter 8. The Coming Economic Cold War; Chapter 9. Globalization Reincarnated