The Dual-Center Global Financial System
The Perspective of China's Rise
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Beschreibung
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 economy’s 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.
Shows the reasons why the systematic change of world economy will begin when China’s GDP become the No.1 Analyses how the world economy will change systematically Pictures the effect when the US is not the exclusive center of world economy
Autor*in
Tao YUAN
Themen in »The Dual-Center Global Financial System«
GDP International finance International trade US economy World currency World economic system