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United States and the Global Economy since 1945 by Henry C. Dethloff INTRODUCTION In the year 1996, on November 22nd, Cengage Learning published a book containing 176 pages which have turned out to be one of the most insightful documents on the trajectory of United States as a nation in the development of global economy…
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Download file to see previous pages His book, “United States and the Global Economy Since 1945” is also one among many books, which has evolved from the mind of the ever inquisitive and thoughtful scholar of history (Dethloff 29-40). THESIS STATEMENT This essay intends to evaluate the content and the context of the book, “United States and the Global Economy Since 1945” along with a thorough appreciation and review of the book with a critical approach towards it. THE U.S. AND THE GLOBAL ECONOMY SINCE 1945: A REVIEW At the outset of the review itself, it is quite quintessential to have a brief ideation of the subject content of the book. The book , “ United States and the Global Economy Since 1945 “ throws light on the ways the American lifestyle and its living standards have changed gradually since 1945. Along with it, the text also presents a contextual comparative analysis of the lifestyle in America since 1945, its development and its influence on the global community at a greater realm. The author takes cues from the myriad policies undertaken by the U.S. ...
There are many neat areas on which the book, “United States and the Global Economy Since 1945” has laid its foundation. The most important segment which the book caters is the influence of U.S. on the development of world since 1945. At the same time, the book analyzes thoroughly the transitions American economy has faced due to the tough competition world-wide and development in the nature of trade across the globe. The next foundation of the book lies in its examination of the development and rise of the global regionalism and different trade associations. The book meticulously describes the special relationship shared between the U.S. and the European Union, Japan and the independent states of the Common Wealth, China, NAFTA and GATTs at the same time. The book next throws light on the most effective and phenomenal revolution in the sector of trade and commerce since the aftermath of the World War II which lies in the strength gathered from the incessant development in technology. As noted by Dethloff, the role of technology and exploration of space cannot be undermined in the development of global economy. And the way technology has shaped the global economy has also been mentioned in the book like a running commentary hinging on its step by step development as well. The contemporary problems of the global economy like trade deficits and budget deficits are also well included into the comprehensive delineation of the book. Furthermore, the co-relation of these contemporary issues, with that of the global economy and its rise, has also been drawn effectively in this book (Dethloff 1-3). Strengths: The book “United States and the ...Download file to see next pagesRead More
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