The Global Recession Risk: Dollar Devaluation and the World Economy

Peláez, C.

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.

Details

Published by: Palgrave Macmillan

Publication Date: 2007-01-01

Format: Paperback

ISBN-13: 9781349356348

DOI: 10.1057/9780230206595

Dimensions: 216cm x140cm

Pages: 258