Fortune Favors the Bold

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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.