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IN That Used to Be Us, the bestseller Michael Mandelbaum wrote with Thomas L. Friedman, the authors analyzed the challenges America faces, including globalization, and described a path to recovering America’s greatness.
In The Road to Global Prosperity, Mandelbaum, one of America’s leading authorities on international affairs, looks at recent developments that call into question our optimism about the world’s economic future: the financial meltdown of 2008, Europe’s troubled currency, the reduced growth of China, India, and other emerging nations. He shows that while the global economy will face major challenges in the years ahead, there are powerful reasons to believe that globalization will continue to make the world richer.
Mandelbaum examines the politics of the global economy and explains why globalization is both irreversible and a positive force for the United States and the world. As technology and free markets expand and national leaders realize that their political power depends on delivering prosperity, countries are likely to cooperate more and fight less. As more nations connect, their economies will grow. As immigration increases, as more money crosses borders, and as more countries emerge from poverty, individuals and societies around the world will benefit.
The Road to Global Prosperity illuminates the crucial political issues that will determine the economic future. Mandelbaum makes a persuasive case for optimism and offers a concrete, practical guide to the economic challenges and opportunities that lie ahead.