The Benefits and Perils of Globalization
This chapter lays out the main theses of the book as regards the significant net benefits of globalization that have accrued to the United States as the leading advanced economy in the global system and the policy adjustments that need to be made to ensure that adequate assistance is provided to those most adversely affected by its effects. The chapter also defines the key features of globalization in the current era and examines how it differs from an earlier period of globalization in the late nineteenth and early twentieth centuries. The main thematic content of each of the following chapters of the book is summarized.
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