Ebook: The End of Influence: What Happens When Other Countries Have the Money

Introduction : when other countries have the money -- The neoliberal dream ends -- What the dream had been -- Sovereign wealth and other government funds -- Where did all their money come from? -- State-led development -- Conclusion : other countries' money.;At the end of World War II, America had all the money--and all the power. Now, after the Great Crash of 2008, America is cash poor. In The End of Influence, world-renowned economists Stephen Cohen and Brad DeLong argue that this loss will have grave consequences for America's standing in the world, even as it opens up new opportunities for a new multilateralism. Our new era will be marked by a loss of American power to dictate foreign policy, a loss of American soft cultural power, and a loss of entrepreneurial innovation worldwide. An essential read for business executives and connoisseurs of.