The U.S., Europe, and Japan : global economy in transition
Krogh, Peter F. (Peter Frederic)
Person InterviewedAlbright, Madeleine
Allen, Richard V.
House, Karen Elliott
Examines American trade policy and economic involvement in emerging European markets.
With the Cold War drawing to a close, the United States began to shift its attention away from the military threat posed by the crumbling Soviet empire and towards emerging economic competition from Europe and Asia. The United States economy of the 1980s witnessed record budget and trade deficits, as well as the United States’ transition from the world’s largest lender to the world’s largest borrower, raising questions about the U.S.’s ability to compete in a global economy. As the United States and Japan jockeyed for control of the emerging post-Soviet markets in Europe, policy makers were faced with the challenge of facilitating American business participation abroad without damaging otherwise significant trade relationships. Featuring Richard Allen, Karen Elliott House and Madeleine Albright, the panel discusses steps the United States can take to increase worker productivity and American participation in foreign markets, as well as the economic effects of the cold war’s de-escalation.
United States -- Economic conditions -- 1981-2001; Japan -- Economic relations -- 1945-; Europe -- Economic conditions -- 1989-; Competition, International; International economic relations; International Economics, Trade and Business; United States Economic Policy; United States Economic Relations; Economic Competition; Emerging Markets;
Europe; Asia; East Asia; Japan;
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