The Global Recession Risk: Dollar Devaluation and the World Economy
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.
Keywords
MONETARY POLICYRECESSIONSBALANCE OF PAYMENTSINTERNATIONAL FINANCEMONEY_UNITED STATES
2007Book
Author(s)Carlos Manuel Peláez, Carlos M. Pelaez, Carlos A. Pelaez
PublisherPalgrave Macmillan
ISBN9780230521506
LanguageEnglish
