The American Economy: Is a Turning Point at Hand?

Authors

Murray L. Weidenbaum, Washington University in St Louis

Files

Publication Date

7-1-1989

Series Information

Occasional Paper 74

Publisher

Center for the Study of American Business (CSAB), Washington University in St. Louis, St. Louis, MO 63130

Description

American businesses are making adjustments to the global marketplace. Politically, the big question is whether or not the Cold War is finally ending. Can the United States successfully shift key resources to the civilian economy? Will the lower military demand lead to a worldwide recession or will it free up resources for a period of stronger growth? There are signs of a potential slowdown in the short term. In the long term, open markets seem to be prevailing, with three dominant clusters emerging: Europe, U.S./Canada, and the Pacific rim.

Keywords

Economic Outlook, Economic Policy, Forecast, Cold War, Japan, Global Marketplace

Disciplines

Economics | Public Policy

Comments

The Center for the Study of American Business (CSAB), 1975-2001, is the predecessor of the Weidenbaum Center on the Economy, Government, and Public Policy at Washington University in St. Louis. Permanent URL: http://dx.doi/org/10.7936/K7B56GWS

DOI

doi:10.7936/K7B56GWS

Recommended Citation

Weidenbaum, Murray L., "The American Economy: Is a Turning Point at Hand?", Occasional Paper 74, 1989, doi:10.7936/K7B56GWS.
Murray Weidenbaum Publications, https://openscholarship.wustl.edu/mlw_papers/103.