The Great Rebalancing by Michael Pettis
Trade, Conflict, and the Perilous Road Ahead for the World Economy
This insightful book delves into the intricate dynamics of global economic imbalances, focusing on the interplay between trade surpluses and deficits among major economies. It examines how these imbalances have contributed to financial instability and explores the potential pathways to achieving a more balanced and sustainable global economy. Through a detailed analysis of historical and contemporary economic policies, the book argues for the necessity of structural adjustments and policy reforms to address the root causes of these imbalances, emphasizing the role of domestic demand and consumption in fostering long-term economic stability.
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- Published
- 2013
- Nationality
- Unknown
- Length
- Short
- Pages
- 200-250
- Original Language
- English
- Avg User Rating
-
(4.0)
- Alternate Titles
- None
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