Straddling Economics and Politics

Cross-Cutting Issues in Asia, the United States, and the Global Economy

by Charles Wolf, Jr.


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This collection of essays examines the case for and against globalization, the effects of U.S. economic and foreign policy, and numerous issues related to Asian economics and politics. Published in prominent journals and news media between 1996 and 2001, these cross-cutting essays are as relevant today as when they were first written. The author provides remarkable insight into the economic and military directions in which particular countries or regions are moving, and what these movements portend for the future.

Table of Contents

  • Foreword PDF

  • Figures PDF

  • Tables PDF

  • Part I: The Global Economy

  • Chapter 1

    Globalization: Meaning and Measurement PDF

  • Chapter 2

    Globalization: Less Than Meets the Eye PDF

  • Chapter 3

    Financial Crises and the Challenge of "Moral Hazard" PDF

  • Chapter 4

    The Morning After PDF

  • Chapter 5

    Financial Flu Isn't Contagious PDF

  • Chapter 6

    History Hasn't Ended: the Struggle Between Markets and Governments Resumes PDF

  • Chapter 7

    The WTO Controversy: Exaggerated Fears and Unrealistic Hopes PDF

  • Chapter 8

    Economic Facts Point to a Weak Euro PDF

  • Chapter 9

    E Pluribus Incertum Unum PDF

  • Chapter 10

    The Crisis of George Soros PDF

  • Part II: The U.S. Economy and Foreign Policy

  • Chapter 11

    Whether and When to Intervene PDF

  • Chapter 12

    Tax Cuts, Debt Reduction, and "Fairness": Why Tax Reduction Is No More "Unfair" Than Debt Reduction PDF

  • Chapter 13

    False Alarms About the U.S. Trade Deficit PDF

  • Chapter 14

    Two Deficits That Just Don't Matter PDF

    Co-author Walter Wriston

  • Chapter 15

    Taxes, Trade, and Growth PDF

  • Part III: Asian Economics and Politics

  • Chapter 16

    Are "Asian Values" Really That Unique? PDF

  • Chapter 17

    Through a Hazy Crystal Ball: Asia's Economic Outlook, 1997-2020 PDF

  • Chapter 18

    Asia in 2015 PDF

  • Chapter 19

    The Accumulation of Military Capital in Asia and the United States, 1997-2015 PDF

  • Chapter 20

    Too Much Government Control PDF

  • Chapter 21

    The End of Asia's Economic Crisis PDF

  • Chapter 22

    When Good News Isn't Newsworthy PDF

  • Chapter 23

    Asia's Dramatic Recovery PDF

  • Chapter 24

    China After Deng PDF

  • Chapter 25

    Why China's 8 Percent Growth Target Is Not Good News PDF

  • Chapter 26

    China's Devaluation: Whether, When, How Much? PDF

  • Chapter 27

    China's Hierarchs Face a Critical Dilemma PDF

  • Chapter 28

    Communists and Capitalists in China: Who Will Co-Opt Whom? PDF

  • Chapter 29

    China Continues Its Fitful March Toward Capitalism PDF

  • Chapter 30

    One China Three Systems? PDF

  • Chapter 31

    Restarting Cross-Strait Relations: Beyond the Dialogue of the Deaf PDF

    Co-author Jonathan Pollack

  • Chapter 32

    Curing Japan's Economic Malaise PDF

  • Chapter 33

    Long-Term Prospects for Japan PDF

  • Chapter 34

    New Therapies for Japan's Economic Sclerosis PDF

    Co-author Mark Buchman

  • Chapter 35

    Japan's Comfortable Stagnation PDF

  • Chapter 36

    How to Defend Japan While "Engaging" China PDF

  • Chapter 37

    When a Balance of Power Can Be Destabilizing PDF

  • Chapter 38

    Managing the Costs of Korean Reunification- If It Occurs PDF

  • Index PDF

  • Authors

    About the Author PDF

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