Download or read book Prospects for the American Age written by Prof. Jamal Sanad Al-Suwaidi and published by ZAWYAT ALMAARFEH. This book was released on with total page 767 pages. Available in PDF, EPUB and Kindle. Book excerpt: The introduction, “Power Structure in the New World Order (Argument of the Book),” highlights the main theme around which the study revolves, namely the “new world order.” It presents the hypothesis of the study regarding this new order, along with several questions including: what are the factors that indicate the coming of a new world order?; what are the most influential forces in that order?; how is that order structured?; and what are the most important and influential factors in the world order? The introduction also presents the main premise of the book — that the United States of America may be considered the dominant pole in the new world order, and that the world will continue to exist in an American age that is expected to extend for at least a further five decades. The qualitative supremacy of the United States of America has proven inescapable according to the data, statistics and information presented in this book, as well as the scales and variables of comparison adopted by the author in terms of economics, military advancement, energy resources, transportation, education, culture, and technological progress. According to these standards, the structure of the new world order may be described as a hierarchy, with the United States of America alone at the top, followed by a second tier comprising Russia, China and the European Union, a third tier consisting of Japan, India and Brazil, followed by the rest of world. The introduction to this book may be considered a basic foundation for the analysis presented in the following seven chapters, which examine the emergence, current status, and future of the new world order in its various dimensions. Under the heading, “The New World Order: Features and Concepts,” the first chapter of Al-Suwaidi’s new book presents a theoretical paradigm for the concept of the new world order in its various dimensions. It presents two main themes: the first deals with concepts relating to the world order, drawing on literature that examines the evolution of the world order from the Peace of Westphalia in 1648 to the present day. It also presents various different views and arguments concerning the nature of the world order, and the distribution of power within it. The first theme also explores the political, military, economic, cultural, educational, technological and energy-related dimensions of the world order, and their importance in determining the relative powers of actors in the new world order. Moreover it explains how the United States of America has succeeded in utilizing all these tools to achieve its ends, and how it leads this world order according to a universal strategic vision aimed at maintaining US supremacy vis-à-vis other major powers. The first theme also presents an objective assessment of the different frameworks which are employed in analyzing the concept of the new world order. The second theme of this chapter discusses the main features of the new world order, which play a significant role in the interactions that occur within it, and which define it with regard to previous historical eras of the global system. Chapter II, “Factors Influencing the Structure of the New World Order,” examines the factors and patterns of influence and interaction within the world order. These factors include: relations among civilizations, relative power in international relations, economic factors, military superiority, technological development, levels of knowledge, challenges and variables, and the behavior of major powers. Chapter III, “The World Order: Decisive Historic Junctures,” aims to draw a comprehensive analytical map to help in understanding the historical transformations of the world order and, ultimately, the nature of contemporary global realities. The historical review presented in this chapter features an element that may make it unique; it tackles the historical evolution of the world order from the emergence of the Ottoman state in the East through the ages of the Spanish, Portuguese and other empires of the West. It is an effort to present a balanced, scholarly chronicle of the world order, without neglecting the influence of the East on international relations throughout history. Chapter IV, “The Economy, Trade and Energy in the New World Order,” focuses on the role of economic factors in deciding the structure of the new world order and the hierarchy of powers within it. It reveals that despite the spectacular rise of the Chinese economy during the past two decades, it is still about half that of the United States, and China still falls within the ranks of developing countries in terms of its average GDP per capita. While the US economy is characterized by flexibility and high reliance on innovation and internal forces for growth, China depends on foreign investment and employing low-cost labor in export-oriented industries. This could make China more vulnerable to adverse economic shocks in the future. The author also expects that developments in the energy sector will greatly affect the ranking of powers in the new world order. The United States of America will increasingly become self-dependent in terms of energy, utilizing its various innovations in the field of shale gas and oil extraction, and its gradual shift toward unconventional energy sources from the western hemisphere (the Americas), giving it a strong comparative advantage in the future. Chapter V, “Public Opinion Regarding the New World Order: A Sample Survey of UAE Citizens,” resents the findings of a public opinion survey in the UAE concerning the new world order. The survey focuses on nationality, age, gender and educational level as explanatory variables of differences in public opinion toward the new world order. In Chapter VI, “Prospective Structural Changes and their Consequences for the New World Order,” the author discusses the potential structural, strategic changes in the new world order in the coming five decades; stressing that unipolarity will have a variety of impacts on the world. The author anticipates that US influence in international financial institutions will increase, and that over the next decade Washington will reduce its dependence on oil from regions plagued by risk and instability – such as the Middle East – and that this will affect US policy in such regions. In Chapter VII, “The New World Order: Future Outlook,” the author confirms that the new world order will be characterized by a number of features that will be important determinants of the ranking of world powers in the future, including the growing importance of technologically advanced and nonconventional systems of production and communication to replace decaying conventional systems, and an increasing reliance on genetic engineering, cloning and nanotechnology in finding solutions to key issues such as achieving food and water security, narrowing down the energy resource gap, achieving breakthroughs in medicine and further developing human capabilities. Other features also include increasing pressure on the capitalist system to develop in order to sustain itself. In the Conclusion to the book, the author suggests that the Arab region is a central arena in the world and the focus of a variety of conflicts that are of direct relevance to the “prospects for the American age.” The author cites the Syrian crisis and the recent events in some Arab countries that have toppled long-standing political regimes dating back to periods prior to the development of the new world order, such as in Egypt, Libya, Yemen and Tunisia. The author believes that, in light of the obstacles to development faced by many Arab states, it is difficult to say that the near future will herald improvements in these countries’ circumstances, particularly in light of the worsening internal crises in major Arab countries like Egypt, Syria and Iraq, and the strategic expansion of regional non-Arab powers to fill the void left by the declining regional role of conventional Arab powers. This comes alongside increasing influence for Israel, which is now in the most advantageous strategic position since its creation due to the absence of any significant resistance from Arab countries, which are preoccupied with internal crises or threats emanating from neighboring states. The conclusion also claims that economics will not simply be a factor in the calculation of states’ roles and positions in the new world order, but rather the central engine of change for small and mid-sized powers in the new world order.

Download or read book Global Trends 2040 written by National Intelligence Council and published by Cosimo Reports. This book was released on 2021-03 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

Download or read book Global Economic Prospects June 2020 written by World Bank Group and published by World Bank Publications. This book was released on 2020-07-07 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic has, with alarming speed, dealt a heavy blow to an already-weak global economy, which is expected to slide into its deepest recession since the second world war, despite unprecedented policy support. The global recession would be deeper if countries take longer to bring the pandemic under control, if financial stress triggers defaults, or if there are protracted effects on households and firms. Economic disruptions are likely to be more severe and protracted in emerging market and developing economies with larger domestic outbreaks and weaker medical care systems; greater exposure to international spillovers through trade, tourism, and commodity and financial markets; weaker macroeconomic frameworks; and more pervasive informality and poverty. Beyond the current steep economic contraction, the pandemic is likely to leave lasting scars on the global economy by undermining consumer and investor confidence, human capital, and global value chains. Being mostly a reflection of the recent plunge in global energy demand, low oil prices are unlikely to provide much of a boost to global growth in the near term. While policymakers' immediate priorities are to address the health crisis and moderate the short-term economic losses, the likely long-term consequences of the pandemic highlight the need to forcefully undertake comprehensive reform programs to improve the fundamental drivers of economic growth, once the crisis abates. Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). The January edition includes in-depth analyses of topical policy challenges faced by these economies, while the June edition contains shorter analytical pieces.

Download or read book Global Economic Prospects June 2021 written by World Bank and published by World Bank Publications. This book was released on 2021-08-03 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world economy is experiencing a very strong but uneven recovery, with many emerging market and developing economies facing obstacles to vaccination. The global outlook remains uncertain, with major risks around the path of the pandemic and the possibility of financial stress amid large debt loads. Policy makers face a difficult balancing act as they seek to nurture the recovery while safeguarding price stability and fiscal sustainability. A comprehensive set of policies will be required to promote a strong recovery that mitigates inequality and enhances environmental sustainability, ultimately putting economies on a path of green, resilient, and inclusive development. Prominent among the necessary policies are efforts to lower trade costs so that trade can once again become a robust engine of growth. This year marks the 30th anniversary of the Global Economic Prospects. The Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). Each edition includes analytical pieces on topical policy challenges faced by these economies.

Download or read book Prospects for the U S and the World written by Wynne Godley and published by . This book was released on 2009 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, we argue that the United States and the rest of the world's economies will not be able to achieve balanced growth and full employment unless they are able to agree upon and implement an entirely new way of running the global economy. The economic recovery plans currently under consideration by the United States and many other countries seem to be concentrated on the possibility of using expansionary fiscal and monetary policies alone. However well coordinated, this approach will not be sufficient. What's required, instead, is a worldwide recovery of output, combined with sustainable balances in international trade.

Download or read book Global Productivity written by Alistair Dieppe and published by World Bank Publications. This book was released on 2021-06-09 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic struck the global economy after a decade that featured a broad-based slowdown in productivity growth. Global Productivity: Trends, Drivers, and Policies presents the first comprehensive analysis of the evolution and drivers of productivity growth, examines the effects of COVID-19 on productivity, and discusses a wide range of policies needed to rekindle productivity growth. The book also provides a far-reaching data set of multiple measures of productivity for up to 164 advanced economies and emerging market and developing economies, and it introduces a new sectoral database of productivity. The World Bank has created an extraordinary book on productivity, covering a large group of countries and using a wide variety of data sources. There is an emphasis on emerging and developing economies, whereas the prior literature has concentrated on developed economies. The book seeks to understand growth patterns and quantify the role of (among other things) the reallocation of factors, technological change, and the impact of natural disasters, including the COVID-19 pandemic. This book is must-reading for specialists in emerging economies but also provides deep insights for anyone interested in economic growth and productivity. Martin Neil Baily Senior Fellow, The Brookings Institution Former Chair, U.S. President’s Council of Economic Advisers This is an important book at a critical time. As the book notes, global productivity growth had already been slowing prior to the COVID-19 pandemic and collapses with the pandemic. If we want an effective recovery, we have to understand what was driving these long-run trends. The book presents a novel global approach to examining the levels, growth rates, and drivers of productivity growth. For anyone wanting to understand or influence productivity growth, this is an essential read. Nicholas Bloom William D. Eberle Professor of Economics, Stanford University The COVID-19 pandemic hit a global economy that was already struggling with an adverse pre-existing condition—slow productivity growth. This extraordinarily valuable and timely book brings considerable new evidence that shows the broad-based, long-standing nature of the slowdown. It is comprehensive, with an exceptional focus on emerging market and developing economies. Importantly, it shows how severe disasters (of which COVID-19 is just the latest) typically harm productivity. There are no silver bullets, but the book suggests sensible strategies to improve growth prospects. John Fernald Schroders Chaired Professor of European Competitiveness and Reform and Professor of Economics, INSEAD

Download or read book The United States and the World Economy Foreign Economic Policy for the Next Decade written by C. Fred Bergsten and published by Peterson Institute. This book was released on 2005 with total page 475 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book World Population Prospects 2019 Highlights written by United Nations Publications and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United Nations population estimates and projections form a comprehensive set of demographic data to assess population trends at the global, regional and national levels. They are used in the calculation of many of the key development indicators commonly used by the United Nations system, including for more than one third of the indicators used to monitor progress towards the achievement of the Sustainable Development Goals. The 2019 revision of the World Population Prospects is the twenty-sixth edition of the official United Nations population estimates and projections, which have been prepared since 1951 by the Population Division of the Department of Economic and Social Affairs. The 2019 revision presents population estimates from 1950 until the present for 235 countries or areas, which have been developed through country-specific analyses of historical demographic trends. It builds on previous revisions by incorporating additional results from the 2010 and 2020 rounds of national population censuses as well as information from vital registration and recent nationally representative household sample surveys. The 2019 revision also presents population projections to the year 2100 that reflect a range of plausible outcomes at the global, regional and country levels. These Highlights summarise key population trends described by the estimates and projections presented in World Population Prospects 2019.

Download or read book Global Economic Prospects June 2015 written by The World Bank and published by World Bank Publications. This book was released on 2015-06-22 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global growth is expected to be 2.8 percent in 2015, but is expected to pick up to 3.2 percent in 2016-17. Growth in developing countries and some high-income countries is set to disappoint again this year. The prospect of rising borrowing costs will compound the challenges many developing countries are facing as they adapt to an era of low commodity prices. Risks to this outlook remain tilted to the downside. This edition of Global Economic Prospects includes two Special Features that analyze the policy challenges raised by the two transitions in developing countries: the risks associated with the first U.S. central bank interest rate increase since 2006 and the implications of persistently low commodity prices for low-income countries. Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on developing countries, on a semiannual basis (in January and June). The January edition includes in-depth analyses of topical policy challenges faced by developing countries while the June edition contains shorter analytical pieces.

Download or read book Global Economic Prospects 2010 written by World Bank and published by World Bank Publications. This book was released on 2010-02-12 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: “The crisis has deeply impacted virtually every economy in the world, and although growth has returned, much progress in the fight against poverty has been lost. More difficult international conditions in the years to come will mean that developing countries will have to place even more emphasis on improving domestic economic conditions to achieve the kind of growth that can durably eradicate poverty.� —Justin Yifu Lin, Chief Economist and Senior Vice President The World Bank 'Global Economic Prospects 2010: Crisis, Finance, and Growth' explores both the short- and medium-term impacts of the financial crisis on developing countries. Although global growth has resumed, the recovery is fragile, and unless business and consumer demand strengthen, the world economy could slow down again. Even if, as appears likely, a double-dip recession is avoided, the recovery is expected to be slow. High unemployment and widespread restructuring will continue to characterize the global economy for the next several years. Already, the crisis has provoked large-scale human suffering. Some 64 million more people around the world are expected to be living on less than a $1.25 per day by the end of 2010, and between 30,000 and 50,000 more infants may have died of malnutrition in 2009 in Sub-Saharan Africa, than would have been the case if the crisis had not occurred. Over the medium term, economic growth is expected to recover. But increased risk aversion, a necessary and desirable tightening of financial regulations in high-income countries, and measures to reduce the exposure of developing economies to external shocks are likely to make finance scarcer and more costly than it was during the boom period. As a result, just as the ample liquidity of the early 2000s prompted an investment boom and an acceleration in developing-country potential output, higher costs will likely yield a slowing in developing-country potential growth rates of between 0.2 and 0.7 percentage points, and as much as an 8 percent decline in potential output over the medium term. In the longer term, however, developing countries can more than offset the implications of more expensive international finance by reducing the cost of capital channeled through their domestic financial markets. For more information, please visit www.worldbank.org/gep2010. To access Prospects for the Global Economy, an online companion publication, please visit www.worldbank.org/globaloutlook.

Download or read book World Economic Outlook October 2020 written by International Monetary Fund. Research Dept. and published by INTERNATIONAL MONETARY FUND. This book was released on 2020-10-13 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy is climbing out from the depths to which it had plummeted during the Great Lockdown in April. But with the COVID-19 pandemic continuing to spread, many countries have slowed reopening and some are reinstating partial lockdowns to protect susceptible populations. While recovery in China has been faster than expected, the global economy’s long ascent back to pre-pandemic levels of activity remains prone to setbacks.

Download or read book Global Economic Prospects 2007 written by World Bank and published by World Bank Publications. This book was released on 2006 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the next 25 years developing countries will move to center stage in the global economy. Global Economic Prospects 2007 analyzes the opportunities - and stresses - this will create. While rich and poor countries alike stand to benefit, the integration process will make more acute stresses already apparent today - in income inequality, in labor markets, and in the environment. Over the next 25 years, rapid technological progress, burgeoning trade in goods and services, and integration of financial markets create the opportunity for faster long-term growth. However, some regions, notably Africa, are at risk of being left behind. The coming globalization will also see intensified stresses on the "global commons." Addressing global warming, preserving marine fisheries, and containing infectious diseases will require effective multilateral collaboration to ensure that economic growth and poverty reduction proceed without causing irreparable harm to future generations."

Download or read book China Joins the World written by Elizabeth Economy and published by Council on Foreign Relations. This book was released on 1999 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: Each chapter in this volume explores the record of Chinese participation in a specific international issue area. These in-depth and timely studies reveal considerable success--more than most forecasts expected--but the road ahead may prove tougher than the terrain already covered.

Download or read book Critical Mineral Resources of the United States written by K. J. Schulz and published by Geological Survey. This book was released on 2017 with total page 868 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the importance and dependence of specific mineral commodities increase, so does concern about their supply. The United States is currently 100 percent reliant on foreign sources for 20 mineral commodities and imports the majority of its supply of more than 50 mineral commodities. Mineral commodities that have important uses and face potential supply disruption are critical to American economic and national security. However, a mineral commodity's importance and the nature of its supply chain can change with time; a mineral commodity that may not have been considered critical 25 years ago may be critical today, and one considered critical today may not be so in the future. The U.S. Geological Survey has produced this volume to describe a select group of mineral commodities currently critical to our economy and security. For each mineral commodity covered, the authors provide a comprehensive look at (1) the commodity's use; (2) the geology and global distribution of the mineral deposit types that account for the present and possible future supply of the commodity; (3) the current status of production, reserves, and resources in the United States and globally; and (4) environmental considerations related to the commodity's production from different types of mineral deposits. The volume describes U.S. critical mineral resources in a global context, for no country can be self-sufficient for all its mineral commodity needs, and the United States will always rely on global mineral commodity supply chains. This volume provides the scientific understanding of critical mineral resources required for informed decisionmaking by those responsible for ensuring that the United States has a secure and sustainable supply of mineral commodities.

Download or read book Prospects for the American Age written by Jamal Sanad Al-Suwaidi and published by Jamal Sanad Al-Suwaidi. This book was released on 2014-10-28 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: The introduction, “Power Structure in the New World Order (Argument of the Book),” highlights the main theme around which the study revolves, namely the “new world order.” It presents the hypothesis of the study regarding this new order, along with several questions including: what are the factors that indicate the coming of a new world order?; what are the most influential forces in that order?; how is that order structured?; and what are the most important and influential factors in the world order? The introduction also presents the main premise of the book — that the United States of America may be considered the dominant pole in the new world order, and that the world will continue to exist in an American age that is expected to extend for at least a further five decades. The qualitative supremacy of the United States of America has proven inescapable according to the data, statistics and information presented in this book, as well as the scales and variables of comparison adopted by the author in terms of economics, military advancement, energy resources, transportation, education, culture, and technological progress. According to these standards, the structure of the new world order may be described as a hierarchy, with the United States of America alone at the top, followed by a second tier comprising Russia, China and the European Union, a third tier consisting of Japan, India and Brazil, followed by the rest of world. The introduction to this book may be considered a basic foundation for the analysis presented in the following seven chapters, which examine the emergence, current status, and future of the new world order in its various dimensions. Under the heading, “The New World Order: Features and Concepts,” the first chapter of Al-Suwaidi’s new book presents a theoretical paradigm for the concept of the new world order in its various dimensions. It presents two main themes: the first deals with concepts relating to the world order, drawing on literature that examines the evolution of the world order from the Peace of Westphalia in 1648 to the present day. It also presents various different views and arguments concerning the nature of the world order, and the distribution of power within it. The first theme also explores the political, military, economic, cultural, educational, technological and energy-related dimensions of the world order, and their importance in determining the relative powers of actors in the new world order. Moreover it explains how the United States of America has succeeded in utilizing all these tools to achieve its ends, and how it leads this world order according to a universal strategic vision aimed at maintaining US supremacy vis-à-vis other major powers. The first theme also presents an objective assessment of the different frameworks which are employed in analyzing the concept of the new world order. The second theme of this chapter discusses the main features of the new world order, which play a significant role in the interactions that occur within it, and which define it with regard to previous historical eras of the global system. Chapter II, “Factors Influencing the Structure of the New World Order,” examines the factors and patterns of influence and interaction within the world order. These factors include: relations among civilizations, relative power in international relations, economic factors, military superiority, technological development, levels of knowledge, challenges and variables, and the behavior of major powers. Chapter III, “The World Order: Decisive Historic Junctures,” aims to draw a comprehensive analytical map to help in understanding the historical transformations of the world order and, ultimately, the nature of contemporary global realities. The historical review presented in this chapter features an element that may make it unique; it tackles the historical evolution of the world order from the emergence of the Ottoman state in the East through the ages of the Spanish, Portuguese and other empires of the West. It is an effort to present a balanced, scholarly chronicle of the world order, without neglecting the influence of the East on international relations throughout history. Chapter IV, “The Economy, Trade and Energy in the New World Order,” focuses on the role of economic factors in deciding the structure of the new world order and the hierarchy of powers within it. It reveals that despite the spectacular rise of the Chinese economy during the past two decades, it is still about half that of the United States, and China still falls within the ranks of developing countries in terms of its average GDP per capita. While the US economy is characterized by flexibility and high reliance on innovation and internal forces for growth, China depends on foreign investment and employing low-cost labor in export-oriented industries. This could make China more vulnerable to adverse economic shocks in the future. The author also expects that developments in the energy sector will greatly affect the ranking of powers in the new world order. The United States of America will increasingly become self-dependent in terms of energy, utilizing its various innovations in the field of shale gas and oil extraction, and its gradual shift toward unconventional energy sources from the western hemisphere (the Americas), giving it a strong comparative advantage in the future. Chapter V, “Public Opinion Regarding the New World Order: A Sample Survey of UAE Citizens,” resents the findings of a public opinion survey in the UAE concerning the new world order. The survey focuses on nationality, age, gender and educational level as explanatory variables of differences in public opinion toward the new world order. In Chapter VI, “Prospective Structural Changes and their Consequences for the New World Order,” the author discusses the potential structural, strategic changes in the new world order in the coming five decades; stressing that unipolarity will have a variety of impacts on the world. The author anticipates that US influence in international financial institutions will increase, and that over the next decade Washington will reduce its dependence on oil from regions plagued by risk and instability.

Download or read book Prospects for Social Security Reform written by Olivia S. Mitchell and published by University of Pennsylvania Press. This book was released on 1999-01-29 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States social security system is the nation's largest social insurance program. As such, it has a far-reaching impact throughout the economy, influencing not only old-age economic security but also many behaviors, including corporate employment policy, retirement patterns, and personal saving. In the past, the system's universal coverage and generous benefits ensured popular support to a degree enjoyed by no other form of "big government" social spending. Yet over two-thirds of all Americans today believe that the social security system will face bankruptcy by the time they retire. The question of social security reform—how to reform the system or whether the system needs reform at all—is the subject of heated debate at all levels of government, in the media, and among workers, pensioners, and employers. Prospects for Social Security Reform informs the debate by exploring why the system is at a crossroads today and what to do about it. Contributors detail the size and nature of the problem, explain views of key "stakeholders" regarding reform options, and report new evidence on how reform might affect the economy. Research findings and public opinion polls are analyzed, as are lessons from other countries experimenting with new ways to deliver old-age benefit promises. No other volume includes as diverse and expert a set of perspectives on reform and privatization as those gathered here from economists, actuaries, employers, investment managers, and representatives of organized labor. Among its chapters is the path-breaking study "Social Security Money's Worth," the 1999 winner of the TIAA-CREF's Paul A. Samuelson Award for Outstanding Scholarly Writing on Lifelong Financial Security.

Download or read book The Global Currency Power of the US Dollar written by Anthony Elson and published by Springer Nature. This book was released on 2021-09-15 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains how the US dollar serves as the primary reserve currency for the international financial system and assesses its prospects for the future. The book provides an analysis of the main factors that have given rise to the global currency power of the dollar and the key benefits that have accrued to both the United States and other countries from this arrangement. It then considers the growing costs that can be associated with the dollar-centered reserve system and the prospects for the medium-term in terms of its potential threats to global financial stability. In the light of these considerations, the book examines three alternative currency arrangements that could address some or all of the defects associated with the global currency power of the dollar. These include a shift to a multi-reserve currency system, an enhancement of the IMF’s role as an international lender of last resort and provider of global “safe” assets, and the introduction of central bank digital currencies. "A cogent, persuasive and timely look at the dollar's power." Kirkus Reviews