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.
China Deflation interest rates Japan
Copyright InformationPalgrave Macmillan, a division of Macmillan Publishers Limited 2007