The Bill from the China Shop: How Asia's Savings Glut Threatens the World Economy by Charles Dumas

The Bill from the China Shop: How Asia's Savings Glut Threatens the World Economy by Charles Dumas

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Alan Greenspan's tenure at the US Federal Reserve coincided with a period of unparalleled global growth, stability and prosperity. But, the world economy has been warped since the 1997 Asian crisis by excessive saving in China and developing Asia, as well as in Japan and north-central Europe.

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Alan Greenspan's tenure at the US Federal Reserve coincided with a period of unparalleled global growth, stability and prosperity. But, the world economy has been warped since the 1997 Asian crisis by excessive saving in China and developing Asia, as well as in Japan and north-central Europe. Unsophisticated economic policies and primitive financial systems notably in China, but also in other parts of Asia have resulted in the global economy now depending on unprecedented current account deficits and the willingness of America, Britain, Australia and increasingly Mediterranean Europe, to import goods and capital.

Additional Information

Additional Information

SKU GOR004163121
Title The Bill from the China Shop: How Asia's Savings Glut Threatens the World Economy
Author By (author) Charles Dumas
Condition VERYGOOD
Binding Type Paperback
Publisher Profile Books Ltd
Year Published 2006
Number of Pages 160
ISBN 10 1861978715
ISBN 13 9781861978714
Edition N/A
Prizes N/A
Cover Note: Book picture is for illustrative purposes only, actual cover or edition may vary.
Note: This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us.
Description

Details

Alan Greenspan's tenure at the US Federal Reserve coincided with a period of unparalleled global growth, stability and prosperity. But, the world economy has been warped since the 1997 Asian crisis by excessive saving in China and developing Asia, as well as in Japan and north-central Europe. Unsophisticated economic policies and primitive financial systems notably in China, but also in other parts of Asia have resulted in the global economy now depending on unprecedented current account deficits and the willingness of America, Britain, Australia and increasingly Mediterranean Europe, to import goods and capital.
Additional Information

Additional Information

SKU GOR004163121
Title The Bill from the China Shop: How Asia's Savings Glut Threatens the World Economy
Author By (author) Charles Dumas
Condition VERYGOOD
Binding Type Paperback
Publisher Profile Books Ltd
Year Published 2006
Number of Pages 160
ISBN 10 1861978715
ISBN 13 9781861978714
Edition N/A
Prizes N/A
Cover Note: Book picture is for illustrative purposes only, actual cover or edition may vary.
Note: This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us.