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This book stresses how the rise of China and India has completely
changed the world economy, moving it towards disequilibrium.
Several alternative economic policies are tested to seek a way
towards high growth in any continent associated with long-run real
and financial equilibrium. The Authors argue that a new exchange
rate system is required and that a new world governance is needed.
The rise of China and India has completely changed the world
economy, moving it towards disequilibrium. Several alternative
economic policies are tested to seek a way towards high growth in
any continent associated with long-run real and financial
equilibrium. The authors argue for a new exchange rate system and a
new world governance.
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