Las guerras comerciales son guerras de clase

Las disputas comerciales suelen entenderse como conflictos entre países con intereses nacionales contrapuestos, pero como demuestran Matthew C. Klein y Michael Pettis, a menudo son el resultado inesperado de decisiones políticas internas para servir a los intereses de los ricos a costa de los trabajadores ...

Trade wars are class wars

how rising inequality distorts the global economy and threatens international peace : with a new preface

Trade disputes are usually understood as conflicts between countries with competing national interests, but as Matthew C. Klein and Michael Pettis show, they are often the unexpected result of domestic political choices to serve the interests of the rich at the expense of workers and ...

Trade wars are class wars

how rising inequality distorts the global economy and threatens international peace

Trade disputes are usually understood as conflicts between countries with competing national interests, but as Matthew C. Klein and Michael Pettis show, they are often the unexpected result of domestic political choices to serve the interests of the rich at the expense of workers and ...

The great rebelancing

trade, conflict, and the perilous road ahead for the world economy

China's economic growth is sputtering, the Euro is under threat, and the United States is combating serious trade disadvantages. Another Great Depression? Not quite. Noted economist and China expert Michael Pettis argues instead that we are undergoing a critical rebalancing of the world economies ...

La máquina de la volatilidad

los mercados emergentes y la amenaza de su colapso financiero

¿Por qué se dan crisis financieras en los mercados emergentes? Michael Pettis, profesor de la Universidad de Columbia y asesor del departamento del tesoro de los Estados Unidos para Latinoamérica, presenta argumentos innovadores para explicar las causas, tanto pasadas como futuras, del hundimiento de los ...

The volatility machine

emerging economies and the threat of financial collapse

This volume presents a radically different argument for what has caused, and likely will continue to cause, the collapse of emerging market economies. The book asserts that while Wall Street is keenly aware of the implications of capital structure for stability and predictability, it has ...