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The Great Rebalancing
Trade, Conflict, and the Perilous Road Ahead for the World Economy - Updated Edition
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Check link for latest rating. ( 514 ratings, 55 reviews)
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?
This book is ideal for economists, students of economics, policymakers, and anyone interested in understanding the complexities of the global economy and its future challenges.
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See moreChina'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
Book Hero Magic formatted this description to make it easier to read. While it's new and
still learning, it may not be perfect - your
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Description
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 destabilising 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.
Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?
Praised as "a brilliant economic thinker" by the Wall Street Journal, Michael Pettis offers a lucid and erudite analysis that challenges conventional wisdom. Publishers Weekly highlights the book's sweeping perspective on trade, exchange rates, and fiscal policies, while economist Diane Coyle describes it as a clear, sharp, and logical account essential for policymakers, economists, students, and the wider public alike.
Book Details
INFORMATION
ISBN: 9780691163628
Publisher: Princeton University Press
Format: Paperback / softback
Date Published: 26 October 2014
Country: United States
Imprint: Princeton University Press
Edition: Updated Edition
Contributors:
- Preface by Michael Pettis
Audience: Tertiary education, Professional and scholarly
DIMENSIONS
Width: 140.0mm
Height: 216.0mm
Weight: 227g
Pages: 256
About the Author
Michael Pettis is professor of finance and economics at Peking University, a senior associate at the Carnegie Endowment, and a widely read commentator on China, Europe, and the global economy. He is the author of The Volatility Machine: Emerging Economies and the Threat of Financial Collapse.
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