World Economy, The: Geography, Business, Development

by Frederick P. Stutz, Barney Warf

This comprehensive text explores contemporary geographic topics and perspectives relating to the world economy. The authors provide a strong theoretical and practical foundation for understanding the global economy in an era of shifting borders, restructuring economies, and regional realignments. Economic theory is combined with geography to address critical problems of growth, distribution, and development, along with their impact on international business. Recent geopolitical changes are vividly portrayed in a series of superb full-color maps and striking photographs. The Sixth Edition includes updated tables and data, color maps, 2009 economic statistics, a detailed analysis of the global shift in world trade and development, eleven new Case Studies, and a new Premium Website with videos, weblinks, RSS feeds, and quizzes.

Genres: Economics, Nonfiction

488 pages, Hardcover

First published December 31, 1969

Reviews

[Muhammad al-Khwarizmi · Rating 2 out of 5]

I actually want to give this book 2.5 stars but can't. Anyhow it's OK but not great. A lot of the stuff in here is things that a person would know if they paid even a little attention to world issues. I guess it's fair to try to be comprehensive and some people have just got to start somewhere but I shudder to think who is graduating from college anymore. My most serious complaint is that, theoretically, this book is a mess, and I do mean a mess. At some times, neoclassical economic approaches are presented without criticism, including the ubiquitous supply / demand curve graphs, and at other times Marxist and even more radical constructivist views in the Marxist vein are emphatically asserted to be true, along with a mélange of other heterodox viewpoints. Now I am heterodox myself but this shit just doesn't make sense. For instance, at one point, the authors are dismissing the major arguments for protectionism in trade, but then criticizing the policies of the Bretton Woods institutions only a few pages later. Also, the authors should be made well aware that Bethlehem Steel is now defunct and the main site in Bethlehem proper has been converted to a casino. Get up to speed, guys.