The Bill from the China Shop: How Asia's Savings Glut Threatens the World Economy - Brossura

Dumas, Charles; Choyleva, Diana

Brossura

ISBN 10: 1861978715 ISBN 13: 9781861978714

Casa editrice: Profile Books Ltd, 2006

Riassunto

Alan Greenspan's tenure at the US Federal Reserve coincided with a period of unparalleled global growth, stability, and prosperity. But the world economy has been warped since the 1997 Asian crisis by excessive saving in China and developing Asia, as well as in Japan and north-central Europe. Unsophisticated economic policies and primitive financial systems notably in China, but also in other parts of Asia have resulted in the global economy now depending on unprecedented current account deficits and the willingness of America, Britain, Australia, and increasingly Mediterranean Europe, to import goods and capital. This book examines the financial crisis.

Su questo libro

Recensione:

This splendid book explains how Asia's surpluses are driving US households ever deeper into debt and why this must end in tears. (Martin Wolf Financial Times)

L'autore:

Diana Choyleva is the Head of the UK Service at Lombard Street Research

Su questa edizione

• Editore: Profile Books Ltd
• Data di pubblicazione: 2006
• ISBN 10: 1861978715
• ISBN 13: 9781861978714
• Rilegatura: Copertina flessibile
• Numero di pagine: 149