By: Michael Moran, Nouriel Roubini (Foreword by)

Hardcover

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A leading forecaster of economic and political trends takes a sharp look at the decline of American influence in the world, and how it can prepare for the new reality.

The age of American global dominance is ending. Today, a host of forces are converging to challenge its cherished notion of exceptionalism, and risky economic and foreign policies have steadily eroded the power structure in place since the Cold War. Staggering under a huge burden of debt, the country must make some tough choices-or cede sovereignty to its creditors. In The Reckoning, Michael Moran, geostrategy analyst explores the challenges ahead -- and what, if anything, can be prevent chaos as America loses its perch at the top of the mountain.

Covering developments like unprecedented information technologies, the growing prosperity of China, India, Brazil, and Turkey, and the diminished importance of Wall Street in the face of global markets, Moran warns that the coming shift willÿ have serious consequences not just for the United States, but for the wider world. Countries that have traditionally depended on the United States for protection and global stability will have to fend for themselves. Moran describes how, with a bit of wise leadership, America can transition to this new world order gracefully-by managing entitlements, reigniting sustainable growth, reforming immigration policy, launching new regional dialogues that bring friend and rival together in cooperative multinational structures, and breaking the poisonous deadlock in Washington. If not, he warns, history won't wait.

'Michael Moran understands what few Americans do: that we have reached a tipping point in global history that will fundamentally change the planet... America will find it very difficult to adjust to its new place as a peer, rather than a dominant nation.' - From the Foreword by Nouriel Roubini, Chairman and Founder, Roubini Global Economics

Foreword
Introduction	p. 1
Excess Baggage: The West's Struggle with Reality	p. 7
As the World Turns, Gravity Bites	p. 25
A "Boiling Frog" Moment for America's Middle Class	p. 45
From Shortwaves to Flash Mobs: Technology Speeds the March of History	p. 67
In the Middle East, the Writing is on the Wall	p. 89
China and America: The Perils of Codependency	p. 117
The Not-So-Pacific Rim	p. 139
India, Brazil, and the New American Dream Team	p. 153
Europe: PIIGS, Canaries, and BearsùOh My!	p. 175
In the Game, or in Denial?	p. 201
Acknowledgments	p. 219
Notes	p. 221
Index	p. 237
Table of Contents provided by Ingram. All Rights Reserved.

ISBN: 9780230339934
ISBN-10: 023033993X
Audience: General
Format: Hardcover
Language: English
Number Of Pages: 256
Published: 17th May 2012
Dimensions (cm): 24.2 x 16.2  x 2.0
Weight (kg): 0.422