Titel: The Rules of the Global Game: A New Look at US International Economic Policymaking
Autor/en: Kenneth W. Dam
UNIV OF CHICAGO PR
Juni 2004 - kartoniert - 341 Seiten
Economic news once confined to the business pages of the newspapers now receives headline coverage, whether it involves protests in Seattle or sweatshops in Asia. As attention is increasingly focused on economic policy, it becomes even more important for noneconomists to be able to make sense of these stories. Is the Asian economy sinking or rising? What effects will a single European currency have on the US economy? Kenneth W. Dam's "The Rules of the Global Game" provides, in clear and practical language, a framework to help readers understand and answer such questions. Dam takes us beyond the headlines and inside the decision-making process as it is populated by lobbyists, special interest groups, trade associations, and public relations firms. While some economists and thinkers have idealized plans for US international economic policy, Dam, currently the deputy secretary of the treasury, manages to merge this idealism with a consideration of what it means to govern at the intersection of competing groups with competing claims.In "The Rules of the Global Game," Dam first lays out what US international economic policies are and compares them to what they should be based on how they affect US per capita income. With this foundation in place, Dam then develops and applies principles for elucidating the major components of economic policy, such as foreign trade and investment, international monetary and financial systems, and current controversial issues, including intellectual property and immigration. Underlying his explanations is a belief in the importance of worldwide free trade and open markets as well as a crucial understanding of the political forces that shape decision making.Because economic policy is not created in a political vacuum, Dam argues, sound policymaking requires an understanding of "statecraft"-the creation and use of institutions that channel the efforts of interest groups and political forces in directions that encourage good econo
Kenneth W. Dam is the Max Pam Professor of American and Foreign Law at the University of Chicago Law School. He also served as deputy secretary of the treasury, the assistant director for National Security and International Affairs of the U.S. Office of Management and Budget, executive director of the U.S. Council on Economic Policy, and deputy secretary of state. He is the author or coauthor of numerous books, including The Rules of the Game: Reform and Evolution in the International Monetary System, published by the University of Chicago Press.