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The World Economy Towards Global Disequilibrium : American-Asian Indifference and European Fears

Baldassarri, Mario; Capretta, Pasquale - 2007

The rise of China and India has completely changed the world economy, moving it towards disequilibrium. Several alternative economic policies are tested to seek a way towards high growth in any continent associated with long-run real and financial equilibrium. The authors argue for a new...