CHAPTER 7

Salient Patterns in the Global Economy

  1. Volatility and Interconnectedness: The Surge in International Trade, FDI, and Structural Imbalances International Trade Has Grown Faster than the World’s Output FDI Has Grown Faster than International Trade Structural Imbalances Continue to Swell
  2. Geographical Concentration of the Global Economy
  3. The Declining but Still Dominant Position of the United States
  4. Europe: Dominance, Diversity, and Gradual Decline
  5. Transitional Economies: Eastern Europe and Russia
  6. Continuous Ascendance in the Asia Pacific: The China Effect
  7. India: The Steady Growth
  8. Latin America: Lagging Behind

Volatility and Interconnectedness: The Surge in International Trade, FDI, and Structural Imbalances

The Western capitalist economies ...

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