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Great Rebalancing Trade, Conflict, and the Perilous Road Ahead for the World Economy

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ISBN-10: 0691163626

ISBN-13: 9780691163628

Edition: Revised 

Authors: Michael Pettis

List price: $13.95
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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…    
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Book details

List price: $13.95
Publisher: Princeton University Press
Publication date: 11/14/2014
Binding: Paperback
Pages: 248
Size: 5.75" wide x 8.75" long x 0.75" tall
Weight: 0.528
Language: English