The Future of US Global Power Delusions of Decline [Paperback]

Dispelling the myth of decline, Stuart Brown argues that the US continues to enjoy the economic, political, cultural and military underpinnings befitting a pre-eminent global power. He provides an analytical tour through the major domestic and foreign policy issues that will impact the United States' future position and role in the global system.US Power  Past and Prologue Dimensions of US Power, Decline and Overstretch Microeconomic Foundations  Innovation, Productivity, and Competitiveness Macroeconomic Foundations  Global Imbalances and the Dollar Human Security: US Leadership on Counter-Proliferation Global Public Goods and East Asia China's Challenge The Fiscal Deficit The Politics of Hegemony Conclusion

'Recent events have raised grave doubts regarding the condition and fate of America's once-untrammeled hegemonic power. Congress and the White House remain at loggerheads, providing little comfort to America's working classes. Little surprise, then, that confidence in America's hegemonic strength has been torn asunder. Yet Brown asks us to dig deeper. His sophisticated appraisal of American's micro- and macroeconomic foundations suggest the engine of US power remains in good health.' - Sean Clark, Memorial University of Newfoundland, Canada and Sabrina Hoque, Dalhousie University, Canada

'Supporting his views with a careful attention to facts and figures, Stuart Brown debunks the newest versions of 'declinism'. He examines US global power in all relevant dimensions and concludes that the era of US hegemony will be more long-lasting than many believe. Like a seasoned country rating analyst, he has examined all the factors affecting the creditworthiness of the US relative to China, Europe, and others. Amid the plethora of recent books on the global political/economic power struggle, this one stands out for its theoretical acumen and empirical comprehensiveness. The range of topics covered is impressive, including global imbalances, colC†