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Great Rebalancing

Name: Great Rebalancing
Brand: Princeton University Press
SKU: 04642111
Price: 16.49 EUR
Availability: InStock
Author: Michael Pettis
ISBN: 9780691163628

Michael Pettis

Lingua

Inglese

Libro In brossura

Codice Libristo: 04642111

Casa editrice Princeton University Press, ottobre 2014

China's economic growth is sputtering, the Euro is under threat, and the United States is combating... Descrizione completa

Codice Libristo: 04642111

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China's economic growth is sputtering, the Euro is under threat, and the United States is combating serious trade disadvantages. Another Great Depression? Not quite. Noted economist and China expert Michael Pettis argues instead that we are undergoing a critical rebalancing of the world economies. Debunking popular misconceptions, Pettis shows that severe trade imbalances spurred on the recent financial crisis and were the result of unfortunate policies that distorted the savings and consumption patterns of certain nations. Pettis examines the reasons behind these destabilizing policies, and he predicts severe economic dislocations that will have long-lasting effects. Demonstrating how economic policies can carry negative repercussions the world over, The Great Rebalancing sheds urgent light on our globally linked economic future.