Transpacific Rebalancing: Implications for Trade and Economic Growth

by Masahiro Kawai (Editor), Masahiro Kawai (Editor), Barry P. Bosworth (Editor)

• New

  Illustrated
  2014

  $43.76

  Persistently large external imbalances in the world economy contributed to the outbreak of the recent financial crisis. Are such imbalances really a problem? If so, why and for whom? What should be done about them - if anything - and what does the future likely hold for transpacific trade relations? In this timely book, Asian and American economists explore those important questions.