Introduction: prospects and problems in the new century / John Mueller and Arthur A. Stein -- Corporations and states: factor flows in the twenty-first century / Richard Rosecrance -- The world economy at the end of the millennium / Deepak Lal -- The rise of the politically incorrect one-handed economist / John Mueller -- The economic consequences of the peace / Edward Yardeni -- Dancing with the giant: the transformation of North American sovereignties approaching the twenty-first century / Alan S. Alexandroff -- Fifty years of peace and prosperity / Carl Kaysen -- China, Japan, and Germany in the new world polity / Joseph M. Grieco -- Human capital in the twenty-first century / Ronald L. Rogowski -- The continuing conundrum of internal conflict / Michael E. Brown -- Trading up and trading down: the impact of technological change on the international system / Cherie J. Steele -- The justifying state: why anarchy doesn't mean no excuses / Arthur A. Stein -- The Cold War and its ending in "long-duration" international history / Paul W. Schroeder.
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"As we enter a new century, world affairs have been transformed. The leading countries confront no compelling or immediate major threats of a military sort; they all see the world in essentially the same way; there has been an enormous expansion of international trade and economic interconnections; and rapid technological expansion has facilitated international interconnections that substantially skirt standard political arrangements. This makes possible a reallocation of national effort from security to material concerns and a reasonable prospect for an unparalleled era of prosperity and peace."
"But less benign forces also persist. Ethnic conflict continues to plague the world, and a new challenge to the international order could be launched by an emergent or resurgent state. Moreover, the positive prospects of the global economy are not yet available for all nations. As a result, politics - political choice - remains important." "In this book, a group of political scientists, economists, and historians assess important developments."--Jacket.