Looking backward and forward : policy issues in the twenty-first century / Charles Wolf Jr.

Includes bibliographical references and index.

China. Capitalism, Chinese style ; Foreign investment leverages China's growth ; Fault lines in China's economic terrain ; China's currency dilemma and how to resolve it ; More about the Chinese currency ; Two major problems confronting China: one hard, the other harder ; U.S.-China relations: mostly partners, sometimes rivals -- Other Asia. Japan's comfortable stagnation ; Dealing with North Korea: unilateralism, bilateralism, or multilateralism? ; Kim Jong-Il's financial bind -- Other regions. Europe's unilateralism may have a brighter side ; Absent weapons don't imply faulty intelligence ; Resolving the UN dilemma ; What if Iraq had not been invaded ; How Sunni capitalism can trump Sunni insurgency ; Signs of regress and progress in Russia's economy -- The global view. The case for selective unilateralism ; Whether multilateralism is better or worse than unilateralism is, well, situation-dependent ; Traditional allies are not permanent allies ; The principal global imbalance lies elsewhere -- The United States. Doomsday for the doomsayers? ; The mythology surrounding energy security ; Efficient equity markets require smarter investors ; Public diplomacy: how to think about and improve it (coauthored with Brian Rosen) ; Liberals and conservatives: who's what and where? .