Reviews for Financial Policies in Emerging Markets

The average rating for Financial Policies in Emerging Markets based on 2 reviews is 3.5 stars.

Review # 1 was written on 2017-08-09 00:00:00 Paul Boyers I appreciated the author's willingness to attack economic orthodoxy surrounding free trade, efficient market hypothesis, and the idea that countries (somehow) do not compete. My one small criticism would be that Prestowitz is much more concerned with the "how" than the "why." Of course, I already have an explanation for why the prevailing economic orthodoxy is so entrenched - it benefits the rich. Therefore, I was perfectly happy with a detailed explanation of *how* these economic ideas are hurting the American economy. A challenging but rewarding read.

Review # 2 was written on 2011-02-08 00:00:00 Justin Cantu This is probably the best book on what is wrong about US Economic policy and how it has gone wrong, that I have read. It says in essence that US diplomats have traded away many valuable concessions to foreign nations in exchange for support for some of our foreign policy positions, going all the way back to the Dulles Brothers and even the Truman Administration. We've supported 'free trade' and even operated as free traders while our competitors have largely NOT been free traders, nor were we during the period from the Revolution until World War ll. We have pretended that losing industry wouldn't hurt us when it clearly has. We've made enormous mistakes. Prestowitz has worked in many different parts of the government, most of them concerned with the making of treaties and agreements with other countries. He knows this territory. We are long past the moment when we should have stopped pretending free trade would benefit us. This is the best book you can read to discover what ails America's economy. Incidentally, Prestowitz is NOT an economist. I've read quite a few of those. Most of them don't have the hands on experience Finance industry and hands on government people wield in the real world US economy.