Eclipse: living in the shadow of China's economic dominance

By: Subramanian, Arvind
Material type: TextTextPublisher: Washington, D. C. Peterson Institute for International Economics 2011Description: xvii, 216 p.ISBN: 9780881326062Subject(s): Economic development - China | Economic development - United States | Economic forecasting - China | Economic forecasting - United States | International economic relationsDDC classification: 330.951 Summary: In his new book, Arvind Subramanian presents the following possibilities: What if, contrary to common belief, China's economic dominance is a present-day reality rather than a faraway possibility? What if the renminbi's takeover of the dollar as the world's reserve currency is not decades, but mere years, away? And what if the United States's economic pre-eminence is not, as many economists and policymakers would like to believe, in its own hands, but China's to determine? (http://bookstore.piie.com/book-store/6062.html)
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In his new book, Arvind Subramanian presents the following possibilities: What if, contrary to common belief, China's economic dominance is a present-day reality rather than a faraway possibility? What if the renminbi's takeover of the dollar as the world's reserve currency is not decades, but mere years, away? And what if the United States's economic pre-eminence is not, as many economists and policymakers would like to believe, in its own hands, but China's to determine? (http://bookstore.piie.com/book-store/6062.html)

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