Joseph P. Quinlan Knihy

One of the most dangerous deficits facing transatlantic relations today is not in trade, payments, or military capabilities. It is a deficit in understanding the vital stake Americans and Europeans have developed in the health of their economic relationship. Globalization is happening faster and reaching deeper between Europe and America than between any other two continents. The transatlantic economy generates roughly $3.5 trillion in total commercial sales a year and employs over 12 million workers in mutually ""insourced"" jobs.This book maps the increasingly dense web of investment, trade, and jobs that connects Europe's regions to America's states. It traces the impact of NAFTA and EU enlargement on transatlantic economic flows. It tracks intercontinental ""connectivity"" in the new knowledge economy, and it sets forth areas in which Europe and America continue to be global pathfinders.In the context of today's debates about globalization and transatlantic drift, this book offers some unanticipated and counterintuitive connections that have important policy implications.

The book provides a comprehensive analysis of the economic ties between Europe and the United States, detailing the impact of European investments and jobs across all 50 US states. It also explores how US investments and employment affect each member state of the European Union and other European nations. By presenting the latest statistics and insights, it highlights the deep economic interconnectivity and mutual benefits derived from transatlantic trade and investment.

Focusing on the evolving economic relationship between the US and Europe, this edition of the Transatlantic Economy surveys provides comprehensive data and analysis. It serves as a vital resource for businesses, policymakers, and media, highlighting the deep integration that characterizes the transatlantic economic landscape. This updated reference is essential for understanding current trends and the implications for global economic dynamics.

The book provides a comprehensive analysis of the economic ties between Europe and the United States, featuring detailed statistics on jobs, trade, and investment. It highlights the impact of European investments on employment across all 50 US states and examines US investments in each EU member state and other European nations. This annual survey serves as a crucial resource for understanding the depth of transatlantic economic integration.