The World Economy Towards Global Disequilibrium
ebook ∣ American-Asian Indifference and European Fears
By M. Baldassarri
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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.
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