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Seeing the Elephant: Understanding Globalization from Trunk to Tail / Edition 1

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Overview

In the new millennium, it is nearly impossible for us to talk about basic concerns like food or gas prices, without examining global intersections in trade, energy, immigration, the environment, and defense. Many countries once described as "developing" nations now wield greater economic and political influence than some of the so-called "major" powers. Former debtor nations have become creditors of the United States and other developed countries that run budget deficits. Without recognizing and understanding these connections, we cannot even begin to discuss how the United States and other countries can craft and harness effective policies amid this breathtaking progress. In Seeing the Elephant, Peter Marber describes how increasing economic integration and the rise of new actors is drastically altering the geopolitical landscape, and offers insights on how the U.S. can make policy to maintain a leading role in the years to come.

The twenty-first century, Marber explains, demands a very different lens for viewing the world. In the era of globalization, America's success hinges on the success of its neighbors, too. Rising economic powerhouses—China, Russia, India, Brazil, and others—bring a diverse set of interests to the table that the U.S. cannot afford to ignore. Moreover, globalization has created thousands of non-state actors—corporations, banks, hedge funds, activists, and even terrorists—who bring their own concerns to bear. Marber underscores the importance of forging strong relationships with pivotal developing nations and America's need to reaffirm the centricity of global protocols, rules, and institutions after an unfortunate period of neglect. It's not too late. By focusing on seven key cross-border, interlinking issues—trade and finance, energy, security, immigration, health, the environment, and poverty—Marber recommends key adjustments in policies that aim to strengthen and modernize our current institutional infrastructure, including NATO, the WHO, the WTO, the World Bank, and the UN, among others. While his strategies do not guarantee that the United States will remain on top economically, they ensure that the global system America helped to create triumphs in the end, protecting against the factionalism that led to two World Wars and destroyed decades of economic progress.

In this timely book, Marber demystifies globalization and analyzes new international megatrends and interconnections. With bold suggestions on how America can reassert its historic leadership in the new global arena, Seeing the Elephant will show readers how the U.S. still remains the planet's best chance at building enduring peace and prosperity.

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Product Details

  • ISBN-13: 9780470283851
  • Publisher: Wiley
  • Publication date: 2/9/2009
  • Edition number: 1
  • Pages: 420
  • Product dimensions: 5.90 (w) x 9.10 (h) x 1.60 (d)

Meet the Author

Peter Marber (New York, NY) is global head of GEM fixed income and currencies at HSBC Halbis Partners. He was formerly Founding parter and Chief Strategist for the Atlantic Funds LLC, which was acquired by HSBC in 2005. Marber began his career at UBS where he was co-founder and President of the emrgency markets subsidiary. He has been a faculty member at Columbia University since 1993 and has taught at both the Business school and the School of International and Public Affairs. He has also taught at Johns Hopkins University. He is affiliated with theWorld Policy Institute and the New America Foundation.
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Table of Contents

Acknowledgments ix

Introduction xiii

Chapter 1: Seeing the Elephant in the Twenty-First Century 1

Chapter 2: Trade and Finance: Money, Money Everywhere 43

Chapter 3: Energy: Twilight of the Hydrocarbons? 95

Chapter 4: Defense and Security: Preventing the Next War, Not Fighting the Last 137

Chapter 5: Immigration: People, People Anywhere 181

Chapter 6: Promoting Tomorrow’s Health Instead of Paying for Yesterday's Ills 215

Chapter 7: Environment: The Hidden Cost of Everything 249

Chapter 8: Poverty: Remembering the Bottom of the Pyramid 291

Chapter 9: Driving with a New Dashboard in the Macro Quantum World 323

Notes 349

Index 401

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