Publisher description for The world economy towards global disequilibrium : American-Asian indifference and European fears / Mario Baldassarri and Pasquale Capretta.


Bibliographic record and links to related information available from the Library of Congress catalog


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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.



Library of Congress subject headings for this publication:
Globalization -- Economic aspects.
International economic relations.
Italy -- Economic policy.