New Forces in the World Economy
- Brad Roberts() (Institute for Defense Analyses)
Two factors have brought the world economy to the center of the international political arena: first, the end of the Cold War and the increasing importance of economic factors relative to strategic ones in the foreign policies of the major powers; and, second, the emergence of a rapidly expanding and genuinely global economy that is defined not only by trade but also by investment and the diffusion of advanced technologies and expertise.
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