eBook - ePub

The Great Rebalancing

Name: The Great Rebalancing
Author: Michael Pettis

Trade, Conflict, and the Perilous Road Ahead for the World Economy - Updated Edition

Michael Pettis,

256 pages
English
ePUB (mobile friendly)
Available on iOS & Android

eBook - ePub

The Great Rebalancing

Trade, Conflict, and the Perilous Road Ahead for the World Economy - Updated Edition

Michael Pettis,

About this book

How trade imbalances spurred on the global financial crisis and why we aren't out of trouble yet

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.

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Yes, you can access The Great Rebalancing by Michael Pettis in PDF and/or ePUB format, as well as other popular books in Economics & Economic Theory. We have over one million books available in our catalogue for you to explore.