Binding:

Paperback

Brand:

Princeton University Press

EAN:

9780691163628

Label:

Princeton University Press

Manufacturer:

Princeton University Press

Model:

Size:

Warranty:

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.

Crashed: How a Decade of Financial Crises Changed the World

The Great Reversal: How America Gave Up on Free Markets

House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again

The Shifts and the Shocks: What We've Learned--and Have Still to Learn--from the Financial Crisis

The Populist Temptation: Economic Grievance and Political Reaction in the Modern Era

The European Union: A Very Short Introduction (Very Short Introductions)

Transatlantic traumas: Has illiberalism brought the West to the brink of collapse? (Pocket Politics)

Avoiding the Fall: China's Economic Restructuring

Misunderstanding Financial Crises: Why We Don't See Them Coming

Manias, Panics, and Crashes: A History of Financial Crises, Seventh Edition