The World Economy Towards Global Disequilibrium
Baldassarri, M. / Capretta, P.![The World Economy Towards Global Disequilibrium](https://support.digitalhusky.com/media/annotations/sorted/200/20044680/CHSBZCOP0320044680.jpg)
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 exchange rate system and a new world governance.