The World Economy Towards Global Disequilibrium
American-Asian Indifference and European Fears| By: | M. Baldassarri; P. Capretta |
| Publisher: | Springer Nature |
| Print ISBN: | 9780230521490 |
| eText ISBN: | 9780230590847 |
| Edition: | 0 |
| Copyright: | 2007 |
| Format: | Page Fidelity |
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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.