orellfuessli.ch

Great Rebalancing

Trade, Conflict, and the Perilous Road Ahead for the World Economy

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--a lost decade for China, the breaking of the Euro, and a receding of the U.S. dollar--that will have long-lasting effects. Pettis explains how China has maintained massive--but unsustainable--investment growth by artificially lowering the cost of capital. He discusses how Germany is endangering the Euro by favoring its own development at the expense of its neighbors. And he looks at how the U.S. dollar's role as the world's reserve currency burdens America's economy.
Although various imbalances may seem unrelated, Pettis shows that all of them--including the U.S. consumption binge, surging debt in Europe, China's investment orgy, Japan's long stagnation, and the commodity boom in Latin America--are closely tied together, and that it will be impossible to resolve any issue without forcing a resolution for all. Demonstrating how economic policies can carry negative repercussions the world over, The Great Rebalancing sheds urgent light on our globally linked economic future.

Portrait

Michael Pettis is professor of finance and economics at Peking University, a senior associate at the Carnegie Endowment, and a widely read commentator on China, Europe, and the global economy. He is the author of "The Volatility Machine: Emerging Economies and the Threat of Financial Collapse".

Zitat
"Through the past decade of China's financial and strategic emergence, Michael Pettis has been a source of unfailing common sense about the possibilities and limitations of the Chinese model. Now he has put his analysis and recommendations into one concise book. I highly recommend reading and reconsulting his book to put the daily flow of China news into perspective."--James Fallows, author of China Airborne
… weiterlesen
Beschreibung

Produktdetails


Einband gebundene Ausgabe
Seitenzahl 216
Erscheinungsdatum 08.02.2013
Sprache Englisch
ISBN 978-0-691-15868-6
Verlag University Press Group Ltd
Maße (L/B/H) 241/165/27 mm
Gewicht 503
Buch (gebundene Ausgabe, Englisch)
Fr. 37.90
inkl. gesetzl. MwSt.
Versandfertig innert 1-2 Werktagen.
Versandkostenfrei
Lieferung zur Abholung in Ihre Buchhandlung möglich – Verfügbarkeit prüfen
Premium Card
Fr. 37.90 Umsatz sammeln
Weitere Informationen

Andere Kunden interessierten sich auch für

  • 39226130
    Great Rebalancing
    von Michael Pettis
    Buch (Taschenbuch)
    Fr. 28.90
  • 21483214
    The Globalization Paradox
    von Dani Rodrik
    Buch (gebundene Ausgabe)
    Fr. 37.90
  • 41817426
    Everything, Everything
    von Nicola Yoon
    Buch (Taschenbuch)
    Fr. 16.90
  • 46008893
    4 3 2 1 (4321)
    von Paul Auster
    (1)
    Buch (gebundene Ausgabe)
    Fr. 29.90 bisher Fr. 36.90
  • 45243079
    Fantastic Beasts and Where to Find Them. The Original Screenplay
    von Joanne K. Rowling
    (9)
    Buch (gebundene Ausgabe)
    Fr. 33.90
  • 43315739
    A Little Life
    von Hanya Yanagihara
    Buch (Taschenbuch)
    Fr. 18.90
  • 45704735
    Red Queen 3. King's Cage
    von Victoria Aveyard
    Buch (Taschenbuch)
    Fr. 17.90
  • 45402946
    4 3 2 1 (4321)
    von Paul Auster
    Buch (gebundene Ausgabe)
    Fr. 27.90
  • 38930428
    We Were Liars
    von E. Lockhart
    (10)
    Buch (Taschenbuch)
    Fr. 16.90
  • 34910866
    The Life List
    von Lori Nelson Spielman
    (5)
    Buch (Taschenbuch)
    Fr. 14.90

Kundenbewertungen


Es wurden noch keine Bewertungen geschrieben.

Wird oft zusammen gekauft

Great Rebalancing

Great Rebalancing

von Michael Pettis

Buch (gebundene Ausgabe, Englisch)
Fr. 37.90
+
=
Milk and Honey

Milk and Honey

von Rupi Kaur

(1)
Buch (Taschenbuch)
Fr. 18.90
+
=

für

Fr. 56.80

inkl. gesetzl. MwSt.

Alle kaufen

Verfügbarkeit in Ihrer Buchhandlung prüfen

Filialabholung: Ihre Vorteile
  1. Bereits Online prüfen, ob Ihr gewünschtes Buch in der Filiale vorrätig ist
  2. Bestellen Sie Online und lassen Sie Ihre Artikel zur Abholung in die Filiale vor Ort liefern
  3. Artikel, die zur Filialabholung bestellt wurden, können in der Filiale bezahlt werden.
  4. Falsches Buch bestellt? Retournieren Sie ihre gekauften Bücher kostenfrei in der Filiale