The Global Economic Challenge

Garten, Jeffrey E.
January 2005
Foreign Affairs;Jan/Feb2005, Vol. 84 Issue 1, p37
This article asserts that the administration of George W. Bush must focus on considerations other than security and terrorism during his second term. As he begins a second term, President George W. Bush faces daunting global economic challenges. After the Soviet Union collapsed, the administrations of George H.W. Bush and Bill Clinton geared much of their foreign and domestic policy to enhancing U.S. competitiveness in global markets and to spreading U.S.-style capitalism abroad. It is no mystery why the current President Bush has subordinated global economic issues in the hierarchy of his concerns: since September 11, 2001, combating terrorism and waging war in Afghanistan and Iraq have been the primary lenses through which the administration has viewed nearly every aspect of its foreign policy. There has been little time, interest, or energy for anything else. But even if terrorism remains the focus of U.S. foreign policy in the second Bush term, as seems likely, the United States cannot succeed in this fight with a strategy that is predominantly military and that fails to gain foreign help in terms of both people and money.


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