The Dual-Center Global Financial System

The Perspective of China's Rise

Business & Finance, Economics, International Economics
Cover of the book The Dual-Center Global Financial System by Tao YUAN, Springer Singapore
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Author: Tao YUAN ISBN: 9789811079931
Publisher: Springer Singapore Publication: January 29, 2018
Imprint: Springer Language: English
Author: Tao YUAN
ISBN: 9789811079931
Publisher: Springer Singapore
Publication: January 29, 2018
Imprint: Springer
Language: English

This book focuses on the systematic change in the global economy accompanying the rise of China. Once China has the same huge and advanced economy as the U.S., the global economy’s current one-center system will have a chance to change: China will represent an alternative center. If it can satisfy essential criteria for the global economy such as a stable foreign exchange system, healthy international trade environment and strong support for economic development etc., China will be able to offer a viable alternative. In this constellation the two centers of the global economy and financial system, the U.S. and China, would ideally cooperate, and the global economy could benefit from having two economic and financial centers.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This book focuses on the systematic change in the global economy accompanying the rise of China. Once China has the same huge and advanced economy as the U.S., the global economy’s current one-center system will have a chance to change: China will represent an alternative center. If it can satisfy essential criteria for the global economy such as a stable foreign exchange system, healthy international trade environment and strong support for economic development etc., China will be able to offer a viable alternative. In this constellation the two centers of the global economy and financial system, the U.S. and China, would ideally cooperate, and the global economy could benefit from having two economic and financial centers.

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