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The Dual-Center Global Financial System

The Dual-Center Global Financial System

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9789811079917
Condition
New
Product Description

This book focuses on the systematic change in the global economy accompanying the rise of China. Once China has the same huge and advanced economy as the U.S., the global economys current one-center system will have a chance to change: China will represent an alternative center. If it can satisfy essential criteria for the global economy such as a stable foreign exchange system, healthy international trade environment and strong support for economic development etc., China will be able to offer a viable alternative. In this constellation the two centers of the global economy and financial system, the U.S. and China, would ideally cooperate, and the global economy could benefit from having two economic and financial centers.

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