The Global Recession Risk: Dollar Devaluation and the World Economy - Softcover

Peláez, C.

Softcover

ISBN 10: 1349356344 ISBN 13: 9781349356348

Publisher: Palgrave Macmillan, 2007

Synopsis

A fire sale of US debt could cause a global recession through disorderly devaluation of the dollar, raising interest rates and crashing stock markets. The G7 doctrine of shared responsibility intends to coordinate regional efforts. This book analyzes the main issues and individual regions, including China, Japan, the EU and the USA.

About this title

About the Author

CARLOS M. PELÁEZ received a PhD and BS, Phi Beta Kappa, from Columbia University, City of New York, USA. He has published books, essays and articles worldwide. He was Director of Banco Chase and of the Rio de Janeiro Association of Banks and Vice President of Chase Manhattan Bank, USA. He is Managing Director of CMP Associates, USA.

CARLOS A. PELÁEZ received the AB in Statistics from the University of Chicago, USA. He published International Financial Architecture with Palgrave, as well as a book on globalization, and an essay on the global electric industry. He is an Associate Editor of the Journal of International Economic Law at the University of Pennsylvania Law School, USA.

Edition details

• Publisher: Palgrave Macmillan
• Publication date: 2007
• Language: English
• ISBN 10: 1349356344
• ISBN 13: 9781349356348
• Binding: Paperback
• Edition number: 1
• Number of pages: 276