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

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...

"The financial crisis brought the world to the brink of economic breakdown. But now bankers' bonuses are back, house prices are rising again and politicians promise recovery - all this while unemployment remains high, debts mount, frictions with China grow and the planet overheats. Is this...