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Essay / Research Paper Abstract
A 5 page research paper which looks at the theories of renowned economist Charles P. Kindleberger in his book World Economic Primacy: 1500 to 1990. Kindleberger postulates that nations go through life cycles that are roughly similar to those of a single individual. First there is youth, then maturity, and then eventually there is aging; however, the life cycle of a nation ends in quiescence rather then death. As evidence of this, the writer examines world health as an economic indicator and concludes that this does tend to verify Kindleberger's hypothesis that the U.S. is in decline. Bibliography lists 4 sources.
Page Count:
5 pages (~225 words per page)
File: D0_Worldhlt.rtf
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Unformatted sample text from the term paper:
then maturity, and then eventually there is aging; however, the life cycle of a nation ends in quiescence rather then death-the nation does not cease to exist, it simply doesnt
have the vigor of past days, nor does it occupy a position of economic primacy in regards to the rest of the world (Kindleberger, 1996). This has happened repeatedly throughout
history. Beginning with the Italian city-states, Kindleberger demonstrates how different nations have risen to economic primacy before eventually declining as primacy is achieved in another part of the world. This
scenario pictures the United States as having obtained economic primacy in the world after World War II. For the next roughly twenty-five years, the United States experienced an economic
"Golden Age" where its primacy in the world marketplace was supreme. This period was one of "unchallenged American preeminence in economic questions, but with indications of catching up abroad and
slippage on the part of the Untied States" (Kindleberger, 1996, p. 174). This slippage was first evident in new industries such as aircraft, computers, electronics, and pharmaceuticals (Kindleberger, 1996). Kindleberger
pictures other countries as "leapfrogging" over the country in economic primacy as the lead country begins to decline (p. 38). Whether or not the overall health of a nations
citizens can be used as an indicator of economic primacy is certainly debatable; however, the World Development Report does list health as one of its major indices. In 1978, the
representatives of 134 nationals met at Alma-Ata in the former Soviet Union and signed an agreement that offered their support for a worldwide health effort to bring about health for
all the peoples of the world by the year 2000 (Taylor, 1983). One of the principles established at this conference was that 80% of all illness in the world comes
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