The Great Rebalancing is popular PDF and ePub book, written by Michael Pettis in 2014-10-26, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, The Great Rebalancing can be Read Online from any device for your convenience.
The Great Rebalancing Book PDF Summary
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.
Detail Book of The Great Rebalancing PDF
- Author : Michael Pettis
- Release : 26 October 2014
- Publisher : Princeton University Press
- ISBN : 9780691163628
- Genre : Business & Economics
- Total Page : 256 pages
- Language : English
- PDF File Size : 12,8 Mb
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