{"product_id":"stephen-roach-on-the-next-asia-9780470446997","title":"Stephen Roach on the Next Asia","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eAs Morgan Stanley''s chief Asia specialist, getting Asia right is Stephen Roach''s personal obsession, and this in-depth compilation represents more than 70 of Roach''s key research efforts not just on Asia, but also on how the region fits into the broad context of increasingly globalized financial markets. The book argues that the Asia factor is not a static concept, but rather one that is constantly changing and evolving. Broken down into five partsAsia''s critical role in globalization; the coming rebalancing of the Chinese economy; a new pan-regional framework for integration and competition; and a frank discussion of the biggest risk to this remarkable transformationthis book will help readers understand and profit from the world''s most dynamic region.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTrade Review\u003c\/b\u003e\u003cbr\u003e\"As Chairman of Morgan Stanley Asia and a renowned economist, Stephen Roach has a solid macroeconomics background, in-depth understanding of the region, rich knowledge of various industries, and an open mind. In this book, Steve vividly describes the changes of Asia -- and the driving forces behind those changes。Furthermore, he brilliantly points out the challenges Asia is facing, as well as its impacts on the global economy. Asia is reshaping the global economy in this post-crisis world, and I believe this book provides us with unique insights as to how this reshaping is playing out.\"\u003cbr\u003e —\u003cb\u003eDr. Zhu Min\u003c\/b\u003e, Group Executive Vice President, Bank of China  \u003cp\u003e\"Stephen Roach has for many years been a uniquely independent voice among international economic commentators. He was one of the few who warned that the debt-fuelled 'casino' economy was unsustainable. His prophetic warnings came to pass in 2008. In his latest book he issues another warning. Asia's explosive growth has been based on a 'bet' upon deep integration with the global economy. Stephen Roach argues that this growth is unsustainable in the face of the global recession. The region needs comprehensively to re-balance its economic model if it is to maintain its remarkable growth. He warns that this will not be easy. Stephen Roach's book is essential reading for those who hold the comfortable belief that Asia has 'de-coupled' from the world economy.\"\u003cbr\u003e —\u003cb\u003eProf Peter Nolan\u003c\/b\u003e, CBE, Sinyi Professor, Judge Business School, and Chair, Development Studies, University of Cambridge, UK\u003c\/p\u003e\u003cbr\u003e\"... Roach besticht durch eine klare Analyse und verfügt über spannende Insiderkenntnisse...\"\u003cbr\u003e Welt am Sonntag, 11.10.2009\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eAcknowledgments ix\u003c\/p\u003e \u003cp\u003eIntroduction xi\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 1 A WORLD IN CRISIS 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eA Subprime Outlook for the Global Economy\u003c\/p\u003e \u003cp\u003eSave the Day\u003c\/p\u003e \u003cp\u003eCoping with a Different Recession\u003c\/p\u003e \u003cp\u003eDavos Diary: 2008\u003c\/p\u003e \u003cp\u003eDouble Bubble Trouble\u003c\/p\u003e \u003cp\u003eEven When the Worst Is Over—Watch Out for Aftershocks\u003c\/p\u003e \u003cp\u003ePitfalls in a Postbubble World\u003c\/p\u003e \u003cp\u003ePanic of 2008: Enough Scapegoating\u003c\/p\u003e \u003cp\u003eGlobal Fix for a Global Crisis\u003c\/p\u003e \u003cp\u003eChanging the Fed’s Policy Mandate\u003c\/p\u003e \u003cp\u003eAn Early Leadership Opportunity for Barack Obama\u003c\/p\u003e \u003cp\u003eDying of Consumption\u003c\/p\u003e \u003cp\u003eUncomfortable Truths about Our World after the Bubble\u003c\/p\u003e \u003cp\u003eA Postbubble Global Business Cycle\u003c\/p\u003e \u003cp\u003eAmerica’s Japan Syndrome\u003c\/p\u003e \u003cp\u003eWhither Capitalism?\u003c\/p\u003e \u003cp\u003eAfter the Era of Excess\u003c\/p\u003e \u003cp\u003eSame Old, Same Old\u003c\/p\u003e \u003cp\u003eDepression Foil\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 2 THE GLOBALIZATION DEBATE 89\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eOpen Macro\u003c\/p\u003e \u003cp\u003eThe Battleground of Globalization\u003c\/p\u003e \u003cp\u003eThe Global Delta\u003c\/p\u003e \u003cp\u003eBeggars Can’t Be Choosers\u003c\/p\u003e \u003cp\u003ePerils of a Different Globalization\u003c\/p\u003e \u003cp\u003eBad Advice and a New Global Architecture\u003c\/p\u003e \u003cp\u003eDoha Doesn’t Matter\u003c\/p\u003e \u003cp\u003eGlobal Speed Trap\u003c\/p\u003e \u003cp\u003eHitting a BRIC Wall?\u003c\/p\u003e \u003cp\u003eGlobal Comeback—First Japan, Now Germany\u003c\/p\u003e \u003cp\u003eLabor versus Capital\u003c\/p\u003e \u003cp\u003eGlobal Lessons\u003c\/p\u003e \u003cp\u003eFrom Globalization to Localization\u003c\/p\u003e \u003cp\u003eUnprepared for Globalization\u003c\/p\u003e \u003cp\u003eThe Currency Foil\u003c\/p\u003e \u003cp\u003eThe Shifting Mix of Global Saving\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 3 CHINESE REBALANCING 169\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChina’s Rebalancing Challenge\u003c\/p\u003e \u003cp\u003eA Commodity-Lite China\u003c\/p\u003e \u003cp\u003eScale and the Chinese Policy Challenge\u003c\/p\u003e \u003cp\u003eChina’s Great Contradiction\u003c\/p\u003e \u003cp\u003eSoft Landing Made in China?\u003c\/p\u003e \u003cp\u003eThe Great Chinese Profi ts Debate\u003c\/p\u003e \u003cp\u003eChina Goes for Quality\u003c\/p\u003e \u003cp\u003eHeavy Lifting\u003c\/p\u003e \u003cp\u003eTwo Birds with One Stone\u003c\/p\u003e \u003cp\u003eUnstable, Unbalanced, Uncoordinated, and Unsustainable\u003c\/p\u003e \u003cp\u003eChina’s Global Challenge\u003c\/p\u003e \u003cp\u003eConsumer-Led Growth for China\u003c\/p\u003e \u003cp\u003eChina’s Macro Imperatives\u003c\/p\u003e \u003cp\u003eManchurian Paradox\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 4 PAN-ASIAN CHALLENGES 261\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Next Asia\u003c\/p\u003e \u003cp\u003eRebalancing Made in Japan?\u003c\/p\u003e \u003cp\u003eFrom Beijing to Dubai\u003c\/p\u003e \u003cp\u003eA Tale of Two Asias\u003c\/p\u003e \u003cp\u003eKim’s Boost to Globalization\u003c\/p\u003e \u003cp\u003eJapan’s Missing Link\u003c\/p\u003e \u003cp\u003eIndia on the Move\u003c\/p\u003e \u003cp\u003eThe Cranes of Dubai\u003c\/p\u003e \u003cp\u003eAsian Decoupling Unlikely\u003c\/p\u003e \u003cp\u003eThe Korea Test\u003c\/p\u003e \u003cp\u003eAsia’s Policy Trap\u003c\/p\u003e \u003cp\u003eComplacency Asian Style\u003c\/p\u003e \u003cp\u003eThe End of the Beginning\u003c\/p\u003e \u003cp\u003eAnother Asian Wake-Up Call\u003c\/p\u003e \u003cp\u003eIndia’s Virtuous Cycle\u003c\/p\u003e \u003cp\u003eRisks of an Asian Relapse\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 5 U.S.-CHINA TENSIONS 327\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eA Slippery Slope\u003c\/p\u003e \u003cp\u003ePast the Point of No Return\u003c\/p\u003e \u003cp\u003eDebating U.S.-China Trade Policy\u003c\/p\u003e \u003cp\u003eWho’s Subsidizing Whom?\u003c\/p\u003e \u003cp\u003eProtectionist Threats—Then and Now\u003c\/p\u003e \u003cp\u003eThe Ghost of Reed Smoot\u003c\/p\u003e \u003cp\u003eChina’s Pace, America’s Angst\u003c\/p\u003e \u003cp\u003eThe Politics of Trade Frictions\u003c\/p\u003e \u003cp\u003eA Wake-Up Call for the United States and China:\u003c\/p\u003e \u003cp\u003eStress Testing a Symbiotic Relationship\u003c\/p\u003e \u003cp\u003eAfterword 395\u003c\/p\u003e \u003cp\u003eSources 403\u003c\/p\u003e \u003cp\u003eAbout the Author 407\u003c\/p\u003e \u003cp\u003eIndex 409\u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":49525374386519,"sku":"9780470446997","price":27.89,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780470446997.jpg?v=1731860273","url":"https:\/\/bookcurl.com\/products\/stephen-roach-on-the-next-asia-9780470446997","provider":"Book Curl","version":"1.0","type":"link"}