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The Global Recession Risk - Dollar Devaluation and the World Economy (Hardcover) Loot Price: R2,932
Discovery Miles 29 320
Repayment Terms: R275 pm x 12*
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The Global Recession Risk - Dollar Devaluation and the World Economy (Hardcover): C. Pelaez

The Global Recession Risk - Dollar Devaluation and the World Economy (Hardcover)

C. Pelaez

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Loot Price R2,932 Discovery Miles 29 320 | Repayment Terms: R275 pm x 12*

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The US current account deficit approaches one trillion dollars, absorbing 75 percent of world surpluses. A fire sale of US debt could cause a global recession through disorderly devaluation of the dollar, raising interest rates and crashing stock markets. The G7 doctrine of shared responsibility intends to coordinate regional efforts. There is meagre political capital in most regions for these reforms. The devaluation of the dollar could be faster than G7 policy coordination. This book analyzes the main issues and individual regions, including China, Japan, the EU and the USA.

General

Imprint: Palgrave Macmillan
Country of origin: United Kingdom
Release date: April 2007
First published: 2007
Authors: C. Pelaez
Dimensions: 216 x 140 x 17mm (L x W x T)
Format: Hardcover
Pages: 258
ISBN-13: 978-0-230-52150-6
Categories: Books > Business & Economics > Economics > Political economy
Books > Business & Economics > Business & management > International business
Books > Business & Economics > Economics > Macroeconomics > General
Books > Business & Economics > Economics > International economics > General
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LSN: 0-230-52150-9
Barcode: 9780230521506

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