The Great Rebalancing

Name: The Great Rebalancing
Brand: Hachette Aotearoa New Zealand
SKU: 9780691163628
Price: 54.99 NZD
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Trade, Conflict, and the Perilous Road Ahead for the World Economy - Updated Edition

By Michael Pettis

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Summary

In The Great Rebalancing, economist Michael Pettis explores the structural flaws behind global economic turmoil, revealing how severe trade imbalances and misguided policies have distorted national savings and consumption patterns. Challenging common economic assumptions, Pettis predicts profound economic disruptions with far-reaching implications and illuminates the interconnected nature of the world’s economies, offering a critical perspective on the future of global finance and trade.
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Format: Paperback / softback

$54⁹⁹

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The Great Rebalancing

$54⁹⁹

Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

This book is ideal for economists, students of economics, policymakers, and anyone interested in understanding the complexities of the global economy and its future challenges.

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

Description

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 destabilising 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.

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Praised as "a brilliant economic thinker" by the Wall Street Journal, Michael Pettis offers a lucid and erudite analysis that challenges conventional wisdom. Publishers Weekly highlights the book's sweeping perspective on trade, exchange rates, and fiscal policies, while economist Diane Coyle describes it as a clear, sharp, and logical account essential for policymakers, economists, students, and the wider public alike.

Book Details

INFORMATION

ISBN: 9780691163628

Publisher: Princeton University Press

Format: Paperback / softback

Date Published: 26 October 2014

Country: United States

Imprint: Princeton University Press

Edition: Updated Edition

Contributors:

Preface by Michael Pettis

Audience: Tertiary education, Professional and scholarly

DIMENSIONS

Width: 140.0mm

Height: 216.0mm

Weight: 227g

Pages: 256

Collections

Education & Reference Finance & Economics Finance & Investment Michael Pettis Non-Fiction

About the Author

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.

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