Fortune Favors the Bold

As the world economy leaps national boundaries, disparities between the rich and poor have become increasingly commonplace. Financial crises in the developing world are more severe, and first-world economies continue to experience frantic boom-and-bust cycles, while imbalances in ongoing globalization continue to play a role in the rise of international terrorism. In this insightful and forward-looking book, Thurow examines the new global economy, focusing on the role of the United States and the dangers to our own national economic well-being. He considers what's at stake for us in the global economy, why it's important that we encourage other countries to prosper, and what our long- and short-term goals as a nation should be. Thurow argues convincingly that it is time for corporations, governments, and citizens to choose globalization or be left behind.