US Power - Past and Prologue Dimensions of US Power, Decline and Overstretch Microeconomic Foundations - Innovation, Productivity, and Competitiveness Macroeconomic Foundations - Global Imbalances and the Dollar Human Security: US Leadership on Counter-Proliferation Global Public Goods and East Asia China's Challenge The Fiscal Deficit The Politics of Hegemony Conclusion

Dispelling the myth of decline, Stuart Brown argues that the US continues to enjoy the economic, political, cultural and military underpinnings befitting a pre-eminent global power. He provides an analytical tour through the major domestic and foreign policy issues that will impact the United States' future position and role in the global system.

STUART S. BROWN is Professor at the Maxwell School of Syracuse University, USA. In addition to prior academic positions at Georgetown University and Smith College, he worked as an economist at the International Monetary Fund and as Chief Economist for Eastern Europe, Africa, and the Middle East at BNP¿Paribas and Bank of America. He specializes in macroeconomics and international political economy and has published widely on the economics of transition economies.