Unbalanced: The Codependency of America and China [SIGNED]

Roach, Stephen

Published by Yale University Press, New Haven, Connecticut, 2014

About this Item

As new condition blue boards with silver spine lettering contained in a fine condition color illustrated/photographic dust jacket. Includes Dedication; Preface; Notes; Acknowledgments and Index. Signed by the author with thin dark pen on the first front endpaper on an affixed Yale School of Management bookplate. "The Chinese and U.S. economies have been locked in an uncomfortable embrace since the late 1970's. Although the relationship initially arose out of mutual benefits, in recent years it has taken on the trappings of an unstable codependence, with the two largest economies in the world losing their sense of self, increasing the risk of their turning on each other in a destructive fashion. In [the book], Stephen Roach, senior fellow at Yale University and former chairman of Morgan Stanley Asia, lays bare the pitfalls of the current China-U.S. economic relationship. He highlights the conflicts at the center of current tensions, including disputes over trade policies and intellectual property rights, sharp contrasts in leadership styles, the role of the Internet, the recent dispute over cyberhacking, and more. A firsthand witness to the Asian financial crisis of the late 1990's, Roach probably knows more about the U.S.-China economic relationship than any other Westerner. Here he discusses: Why America saving too little and China saving too much creates mounting problems for both; How China is planning to reboot its economic growth model by moving from an external export-led model to one of internal consumerism, with a new focus on service industries; How America shows disturbing lack of strategy, preferring a short-term reactive approach over a more coherent Chinese-style planning framework; and The way out: what America could do to turn its own economic fate around and position itself for a healthy economic and political relationship with China. In the wake of the 2008 crisis, both unbalanced economies face urgent and mutually beneficial rebalancings. Unbalanced concludes with a recipe for resolving the escalation tensions of codependence. Roach argues that the Next China offers much for the Next America - and vice versa.". Seller Inventory # 001176

Bibliographic Details

Title: Unbalanced: The Codependency of America and ...

Publisher: Yale University Press, New Haven, Connecticut

Publication Date: 2014

Binding: Hardcover

Condition: As New

Dust Jacket Condition: Fine

Signed: Signed by Author(s)