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The Dual-Center Global Financial System: The Perspective of China's Rise

Autor Tao YUAN
en Limba Engleză Hardback – 8 feb 2018
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.
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Specificații

ISBN-13: 9789811079917
ISBN-10: 9811079919
Pagini: 76
Ilustrații: IX, 94 p. 30 illus.
Dimensiuni: 155 x 235 mm
Greutate: 0.33 kg
Ediția:1st ed. 2018
Editura: Springer Nature Singapore
Colecția Springer
Locul publicării:Singapore, Singapore

Cuprins

When China's GDP will be the No.1.- The reason of change: new option occurring.- The prelude of change: China become the center of manufacturing industry in the world.- The key point of change: the new international financial system with two centers.- Increasing interests of other countries.- The competition and cooperation between China and the US.

Notă biografică

Tao Yuan is an Associate Professor of international economics at School of Economics, Nankai University, Tianjin, China. His primary research areas include international economics, China’s foreign trade, and WTO.

Caracteristici

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