ENGLISH

The Global Recession Risk: Dollar Devaluation and the World Economy

By Carlos M. Pelaez , Carlos A. Peláez (auth.)

Book information

Publisher
Palgrave Macmillan UK
Year
2007
ISBN
978-1-349-35634-8, 978-0-230-20659-5, 116-116-117-1
DOI
10.1057/9780230206595
Language
english
Format
PDF
Filesize
1 MB (1128873 bytes)
Edition
1
Pages
XVIII, 258\277
Time added
2017-04-19 23:43:56
International Economics; Macroeconomics/Monetary E

Description

A fire sale of US debt could cause a global recession through disorderly devaluation of the dollar, raising interest rates and crashing stock markets. The G7 doctrine of shared responsibility intends to coordinate regional efforts. This book analyzes the main issues and individual regions, including China, Japan, the EU and the USA.

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