This engaging and accessible book is a must-read for every
economics student. It explores what the global economy is, how it
developed and how it operates today, and why certain aspects of it
have become controversial. The global economy represents the
combined economic output of all countries on Earth and is currently
estimated at around $80 trillion. While globalization has made it
possible for greater economic interaction between nations and rapid
growth on a worldwide scale, many have argued that it has also
helped to widen the gap between the richest and poorest nations.
The movement of goods and services between countries also has major
impacts on national politics and international diplomacy, as well
as significant implications for human rights and welfare. Part of
Greenwood's new Student Guides to Business and Economics series,
The Global Economy gives readers an in-depth yet reader-friendly
look at one of the most important aspects of modern economics.
Using simple language and relevant real-world examples, this book
is appropriate for high school and undergraduate economics students
as well as general-interest readers curious to learn more about the
global economy. Provides a concise and easy-to-read overview of a
broad and foundational topic in modern economics Helps readers
better understand the complex relationship between national and
international economies Includes a Questions for Further Discussion
section, designed to stimulate classroom discussion and encourage
critical thinking Offers an at-a-glance chronology of events
related to the history of the global economy, allowing readers to
trace the evolution of concepts and practices over time
General
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