Rowman & Littlefield Publishers
Pages: 332
•
Trim: 6¼ x 9¼
978-1-4422-7728-1 • Hardback • September 2017 • $123.00 • (£95.00)
978-1-4422-8160-8 • Paperback • September 2017 • $50.00 • (£38.00)
978-1-4422-7730-4 • eBook • September 2017 • $47.50 • (£37.00)
Andrew Vonnegut teaches global economics at the University of California, Santa Barbara, advises on economics and finance, and owns a small manufacturing company. He has a PhD in applied economics and statistics and twenty years of international economic experience, including working in emerging markets finance, the United States Agency for International Development, and the international consulting firms Booz Allen Hamilton and Booz & Company.
Preface
Acknowledgments
Introduction
Section I: The Global Economic System
Chapter 1: National Economies Compared
Chapter 2: Participants and Incentives
Chapter 3: Central banks, Interest Rates and Money
Chapter 4: Domestic Policies and Global Repercussions
Chapter 5: Global Trade and Trends
Chapter 6: International Payments and Exchange
Chapter 7: Investor Decisions, Moving Economies
Chapter 8: Economic Growth
Part II: Big Shift Cases and Scenarios for the Future
Introduction to Part II
Chapter 9: Demographic Shifts
Chapter 10: Ecological Change
Chapter 11: Income and Wealth Inequality
Chapter 12: IT: Virtualization, Artificial Intelligence, and Robotics
Chapter 13: Emerging Markets Growth
Appendix: Economics’ Struggle with Methodology
Glossary
Bibliography
Index
About the Author
"Since the financial crisis, we have all been stuttering through economics and finance. Thanks to Andrew Vonnegut's excellent new book, we will all be more fluent in the language that shapes our world."
— Parag Khanna, National University of Singapore, author of Connectography: Mapping the Future of Global Civilization
Andrew Vonnegut brings a fresh perspective and accessible examples to a topic often dominated by dry and outdated theories. Inside the Global Economy offers a practical approach to understanding economics in a readable and relevant style that will resonate with students of international economics and international business.
— Vivian Faustino-Pulliam, University of San Francisco
The increasing complexity of modern economics leaves many theorists and practitioners alike scrambling to explain—often unsuccessfully—globalization's latest twists. Andrew Vonnegut’s Inside the Global Economy is a healthy antidote to this confusion. Billed as 'a practical guide,' the book offers straightforward analysis of contemporary economic phenomena. In a world where instability has become the norm and Black Swans hover like vultures, his combination of theory and practice will resonate with serious students of the subject, whether they be in the classroom or boardroom.
— Riad al Khouri, director, Middle East, GeoEconomica
Vonnegut gives readers an informative and easy-to-follow guide to understanding the fundamentals of how the international economy works and then addresses some of the critical economic issues that we will all need to face in the near future.
— Daniel Schydlowsky, Harvard Kennedy School
Provides a complete and up-to-date primer on the global economy that is oriented toward current and future practitioners
The clear, narrative style and content make it suitable for a wide range of readers
Systematic and firmly grounded in economic principles, the book goes beyond current studies by embracing a more practical, historical, behavioral, and multidisciplinary approach to the workings of the global economy
Prioritizes descriptive accuracy and supporting data over theory or political viewpoint
Starts from an accurate and data-driven description of the global economy, then moves to objective analysis
Evaluates shifts driving major changes in the global economy, taking an analytic rather than an alarmist approach
Fully documented, with comprehensive data and extensive case studies and real-world examples from a wide range of global markets, the book’s principles are applied to understanding global economic events from the 20th and 21st century
Focuses on capital flows and the actors and behaviors that drive them
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Test Bank. The Test Bank includes a variety of test questions and is available in either Word or PDF formats. For every chapter in the text, the Test Bank includes a complete test with a variety of question types, including multiple choice, true false, and essay formats.
Lecture Notes. The Lecture Notes provide the tables and figures from the text.