Looking Backward and Forward: Policy Issues in the Twenty-first Century
By Charles Wolf Jr.

This book was added to the web site on June 10, 2008.

This collection of twenty-five essays written over the past five years by international economic policy expert Charles Wolf Jr. covers a range of worldwide economic, political, security, and diplomatic issues. Wolf looks at the challenges facing the United States at home and around the globe including critical issues regarding China, Japan, Korea, Russia, Iraq, and other key locales. These essays—many of which originally appeared in such respected publications as the Wall Street Journal, the Los Angeles Times, and the International Herald Tribune, among others—reflect the pattern of policy issues to expect in the twenty-first century: a variety and complexity of themes that spill over the standard boundaries of political, economic, and military affairs.

Please visit the Hoover Press web site for more information on this book or to place an order:
http://www.hooverpress.org/productdetails.cfm?PC=1329

Full-text PDF versions of each chapter can be accessed below by clicking on the desired chapter title. (PDF files require Adobe Reader. If you do not already have this software installed, click here to download it for free from the Adobe web site.)

Copyright © 2008 the Board of Trustees of the Leland Stanford Junior University

All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without written permission of the publisher.

• Foreward by Newton N. Minow
• Preface
• Capitalism, Chinese Style
• Foreign Investment Leverages China's Growth
• Fault Lines in China's Economic Terrain
• China's Currency Dilemma and How to Resolve It
• More about the Chinese Currency
• Two Major Problems Confronting China: One Hard, the Other Harder
• U.S.-China Relations: Mostly Partners, Sometimes Rivals
• Japan's Comfortable Stagnation
• Dealing with North Korea: Unilateralism, Bilateralism, or Multilateralism?
• Kim Jong-Il's Financial Bind
• Europe's Unilateralism May Have a Brighter Side
• Absent Weapons Don't Imply Faulty Intelligence
• Resolving the UN Dilemma
• What if Iraq Had Not Been Invaded
• How Sunni Capitalism Can Trump Sunni Insurgency
• Signs of Regress and Progress in Russia's Economy
• The Case for Selective Unilateralism
• Whether Multilateralism Is Better or Worse than Unilateralism Is, Well, Situation-Dependent
• Traditional Allies Are Not Permanent Allies
• The Principal Global Imbalance Lies Elsewhere
• Doomsday for the Doomsayers?
• The Mythology Surrounding Energy Security
• Efficient Equity Markets Require Smarter Investors
• Public Diplomacy: How to Think about and Improve It (coauthored with Brian Rosen)
• Liberals and Conservatives: Who's What and Where?
• About the Author
• Index