The World Economy Towards Global Disequilibrium
American-Asian Indifference and European Fears
Gebonden Engels 2007 9780230521490Samenvatting
The rise of China and India has completely changed the world economy, moving it towards disequilibrium. Several alternative economic policies are tested to seek a way towards high growth in any continent associated with long-run real and financial equilibrium. The authors argue for a new exchange rate system and a new world governance.
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