TY  - BOOK
AU  - Pettis,Michael
TI  - The great rebalancing: trade, conflict, and the perilous road ahead for the world economy 
SN  - 9780691163628 (pbk.)
AV  - HF1014 .P46 2013
U1  - 382.17 23
PY  - 2013///
CY  - Princeton
PB  - Princeton University Press
KW  - Balance of trade
KW  - Balance of payments
KW  - International trade
KW  - International economic relations
KW  - Financial crises
N1  - Includes bibliographical references (p. [197]-203) and index
N2  - 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.
ER  -