The Global Recession Risk: Dollar Devaluation and the World Economy

by Carlos A. Peláez and Carlos M. Peláez

Book Overview

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.

• Format: Paperback
• Language: English
• ISBN: 1349356344
• ISBN13: 9781349356348
• Release Date: January 2007
• Publisher: Palgrave MacMillan
• Length: 258 Pages
• Weight: 0.79 lbs.
• Dimensions: 0.6" x 5.5" x 8.5"