The great rebalancing : trade, conflict, and the perilous road ahead for the world economy /

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Bibliographic Details
Author / Creator:Pettis, Michael, author.
Imprint:Princeton : Princeton University Press, 2014.
Description:xiv, 239 pages ; 22 cm
Language:English
Subject:
Format: Print Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/11876909
Hidden Bibliographic Details
ISBN:0691163626
9780691163628
Notes:"Sixth printing, and first paperback printing, with a new preface by the author, 2014."--Title page verso.
Includes bibliographical references (pages 217-224) and index.
Summary:"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. Deomonstrating how economic policies can carry negative repercussions the world over, 'The Great Rebalancing' sheds urgent light on our globally linked economic future."--

MARC

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245 1 4 |a The great rebalancing :  |b trade, conflict, and the perilous road ahead for the world economy /  |c Michael Pettis ; with a new preface by the author. 
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300 |a xiv, 239 pages ;  |c 22 cm 
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500 |a "Sixth printing, and first paperback printing, with a new preface by the author, 2014."--Title page verso. 
504 |a Includes bibliographical references (pages 217-224) and index. 
505 0 0 |g 1.  |t Trade imbalances and the global financial crisis --  |g 2.  |t How does trade intervention work? --  |g 3.  |t The many forms of trade intervention --  |g 4.  |t The case of unbalanced growth in China --  |g 5.  |t The other side of the imbalances --  |g 6.  |t The case of Europe --  |g 7.  |t Foreign capital, go home! --  |g 8.  |t The exorbitant burden --  |g 9.  |t When will the global crisis end? 
520 |a "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. Deomonstrating how economic policies can carry negative repercussions the world over, 'The Great Rebalancing' sheds urgent light on our globally linked economic future."--  |c from the publisher. 
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