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"HEAD TO HEAD" (LESTER THUROW).
Term Paper ID:19880
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Essay Subject:
Portrays new economic realities for 21st Cent. & struggles among Japan, Europe & America for power.... More...
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7 Pages / 1575 Words
1 sources, 11 Citations,
Format
$28.00
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Paper Abstract: Portrays new economic realities for 21st Cent. & struggles among Japan, Europe & America for power.
Paper Introduction: Lester Thurow's Head to Head: The Coming Economic Battle Among Japan, Europe and America attempts to define the realities of the global economic aftermath of the Cold War. The economic struggle of the world in the 1990s and beyond will be shaped by the conflicts and cooperation among the three major players, and the rules of the new struggle are far different than those which prevailed up to the 1980s.
Thurow writes that "Just as the fall of the Berlin Wall in November of 1989 marked the end of the old contest between capitalism and communism, so the integration of the European Common Market, on Jan. 1, 1993, will mark the beginning of a new economic contest in a new century at the start of the third millennium. At that moment, for the first time in more than a century, the United States will become the second largest economy
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