The Great Rebalancing
By:Michael Pettis
Published on 2014-10-26 by Princeton University Press
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.
This Book was ranked at 10 by Google Books for keyword the world economy.
Book ID of The Great Rebalancing's Books is ILzQAwAAQBAJ, Book which was written byMichael Pettishave ETAG "9x1XUR8TkuU"
Book which was published by Princeton University Press since 2014-10-26 have ISBNs, ISBN 13 Code is 9781400852260 and ISBN 10 Code is 1400852269
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