The Commanding Heights: The Battle for the World Economy [Paperback]

The Pulitzer Prize-winning author ofThe Prizejoins a leading expert on the global economy to present an incisive narrative of the risks and opportunities that are emerging as the balance of power shifts around the world between governments and markets -- and the battle over globalization comes front and center.

A brilliant narrative history,The Commanding Heightsis about the most powerful economic forces at work in the world today, and about the people and the ideas that are shaping the future. Across the globe, it has become increasingly accepted dogma that economic activities should be dominated by market forces, not political concerns. With chapters on Europe, the US, Britain, the Third World, the Arab States, Asia, China, India, Latin America, and the former communist countries, Yergin and Stanislaw provide an incisive overview of the state of the economy, and of the battles between governments and markets in each region. Now updated throughout and with two new chapters,The Commanding Heightsexplains a revolution which is unfolding before our very eyes.CONTENTS
Introduction: At the Frontier
1 Thirty Glorious Years:Europe's Mixed Economy
2 The Curse of Bigness:America's Regulatory Capitalism
3 Tryst with Destiny:The Rise of the Third World
4 The Mad Monk:Britain's Market Revolution
5 Crisis of Confidence:The Global Critique
6 Beyond the Miracle:Asia's Emergence
7 The Color of the Cat:China's Transformation
8 After the Permit Raj:India's Awakening
9 Playing by the Rules:The New Game in Latin America
10 Ticket to the Market:The Journey After Communism
11 The Predicament:Europe's Search for a New Social Contract
12 The Delayed Revolution:Americas New Balance
13 The Balance of Confidence:The World After Reform
Chronology
Notes
Interviews
Selected Bibliography
Acknowledgments
Index