Bonatti, Luigi; Fracasso, Andrea - In: Rivista Internazionale di Scienze Sociali 120 (2012) 1, pp. 59-106
The global crisis has revived the growth-rebalancing debate, backing the position of those advocating a fast reduction of the imbalances between the US and China. By means of a two-country two-stage growth model reproducing the main qualitative features of the Sino-American co-dependency, we...