The great rebalancing :
Pettis, Michael.
The great rebalancing : trade, conflict, and the perilous road ahead for the world economy / Michael Pettis. - Princeton : Princeton University Press, c2013. - ix, 219 p. ; 24 cm.
Includes bibliographical references (p. [197]-203) and index.
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--a lost decade for China, the breaking of the Euro, and a receding of the U.S. dollar--that will have long-lasting effects.
9780691163628 (pbk.) 0691163626 (pbk.) 9780691158686 (hbk.)
2012039175
Balance of trade.
Balance of payments.
International trade.
International economic relations.
Financial crises.
HF1014 / .P46 2013
382.17
The great rebalancing : trade, conflict, and the perilous road ahead for the world economy / Michael Pettis. - Princeton : Princeton University Press, c2013. - ix, 219 p. ; 24 cm.
Includes bibliographical references (p. [197]-203) and index.
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--a lost decade for China, the breaking of the Euro, and a receding of the U.S. dollar--that will have long-lasting effects.
9780691163628 (pbk.) 0691163626 (pbk.) 9780691158686 (hbk.)
2012039175
Balance of trade.
Balance of payments.
International trade.
International economic relations.
Financial crises.
HF1014 / .P46 2013
382.17