1998 was filled with economic events that illustrated the changing and complex agenda for American foreign policy in entering the new millenium. In this volume, former senior members of the Clinton and Bush Administrations and a next generation" of private sector voices set forth and analyze the new intersections between economic strategy and national security. Emerging markets are considered, as well as, new threats and new opportunities that are changing our conception of American security.This book arises from a two-year project by the Council on Foreign Relations, one of the world's premier foreign policy think tanks, to articulate a Next Generation" approach to American foreign policy.

The volume is intended for those interested in foreign policy and as a supplement to university-level courses on international relations and business.The financial, trade, technology and regional and sectoral topics covered by this book are especially timely. World financial markets have showed themselves to be increasingly integrated and volatile with the introduction of new information technologies. Global markets for goods have showed themselves to be more fragmented and more difficult to free because of populist concerns over labour and environmental protections.