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The Global Recession Risk: Dollar Devaluation and the World Economy 1st ed. 2007 Edition
Author(s): C. Peláez (Author)
- Publisher: Palgrave Macmillan
- Publication Date: 1 Jan. 2007
- Edition: 1st ed. 2007
- Language: English
- Print length: 276 pages
- ISBN-10: 1349356344
- ISBN-13: 9781349356348
Book Description
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.
Editorial Reviews
Review
‘[C]oncise and accessible…’ – Business & Finance
About the Author
CARLOS M. PELÁEZ received a PhD and BS, Phi Beta Kappa, from Columbia University, City of New York, USA. He has published books, essays and articles worldwide. He was Director of Banco Chase and of the Rio de Janeiro Association of Banks and Vice President of Chase Manhattan Bank, USA. He is Managing Director of CMP Associates, USA.
CARLOS A. PELÁEZ received the AB in Statistics from the University of Chicago, USA. He published
International Financial Architecture with Palgrave, as well as a book on globalization, and an essay on the global electric industry. He is an Associate Editor of the Journal of International Economic Law at the University of Pennsylvania Law School, USA.
