The Great Rebalancing: Trade, Conflict, and the Perilous Road Ahead for the World Economy
A genuine global perspective to interpret the recent financial crisis.
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. Pettis examines the reasons behind these destabilizing policies and predicts severe long-lasting economic dislocations. World rights available.
Author: Michael Pettis
Publisher: Yilin Press
Paperback, 196 pages