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| #5358536 in Books | 1997-09-01 | Original language:English | PDF # 1 | 9.19 x.61 x6.16l,.99 | File type: PDF | 328 pages||About the Author|William R. Cline has been a senior fellow at the Peterson Institute for International Economics since 1981. During 1996–2001 while on leave from the Institute, Dr. Cline was deputy managing director and chief economist of the Institute of
For more than a decade, there have been two important trends in the American economy. The first trend has been toward increasing openness of the economy to the international flows of goods, money, people, and ideas. The second has been very slow or even negative growth in real wages and a widening disparity in the distribution of income, particularly between relatively skilled and unskilled workers. Many observers suspect that these two trends are connected: increasing c...
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