Lexington Books
Pages: 192
Trim: 6¼ x 9¼
978-0-7391-9357-0 • Hardback • April 2015 • $117.00 • (£90.00)
978-1-4985-1609-9 • Paperback • August 2019 • $50.99 • (£39.00)
978-0-7391-9358-7 • eBook • April 2015 • $48.00 • (£37.00)
Jae Wan Chung is professor emeritus of economics at George Mason University.
Introduction
1. Global Economic Disparity
2. Global Economy and Superpowers
3. Open Economy Macroeconomic Principles and Policy Implications
4. Financial Crises in the United States
5. Impact of the U.S. Financial Crisis on Economies of Euro Countries and East Asia
6. Human Resources and Technology
7. Raw Materials
8. Energy
9. Environment, Global Warming and Water Resources
10. Food, Population and Poverty
Conclusions
Professor Chung argues forcefully that major historical events arise from the interaction of superpowers facing economic disparities. His policy conclusion - that reducing global economic disparities would promote international stability – deserves to be widely considered.
— Willem Thorbecke, Research Institute of Economy, Trade and Industry, Japan
Jae Wan Chung has put together an interesting analysis of recent economic history in Global Economic Disparity. Chung paints history on a large canvas, interpreted through the lens of economic theory and through the underlying forces of international trade and finance. The book provides a good read as well as plenty of food for thought.
— Henry Thompson, Auburn University
A provocative thesis—that global economic disparity is the primary cause of major global historical events. A sure bet to generate lively class discussion. This book will be an excellent component for any undergraduate global political economy course.
— Thomas J. Prusa, Rutgers University