Verwandte Artikel zu Losing Control: The Emerging Threats to Western Prosperity

Losing Control: The Emerging Threats to Western Prosperity - Hardcover

King, Stephen D.

 
9780300154320: Losing Control: The Emerging Threats to Western Prosperity
Hardcover
ISBN 10: 0300154321 ISBN 13: 9780300154320
Verlag: YALE UNIV PR, 2010

Inhaltsangabe

A hard-hitting analysis of the future of the global economy and what it means for the Western way of life

As the economic giants of Asia and elsewhere have awakened, Western leaders have increasingly struggled to maintain economic stability. The international financial crisis that began in 2007 is but one result of the emerging nations’ increased gravitational pull. In this vividly written and compellingly argued book, Stephen D. King, the global chief economist at HSBC, one of the largest banking groups in the world, suggests that the decades ahead will see a major redistribution of wealth and power across the globe that will force consumers in the United States and Europe to stop living beyond their means.

The tide of money washing in from emerging nations has already fuelled the recent property bubble in the West, while new patterns of trade have left the West increasingly dependent on risky financial services. Unless things change drastically, King argues, the increasing power of emerging markets, when coupled with poor internal regulation and an increasingly anachronistic system of global governance, will result in greater instability and income inequality, accompanied by the risk of a major dollar decline. And as Western populations age and emerging economies develop further, the social and political consequences may be alarming to citizens who have grown accustomed to living in prosperity.

Die Inhaltsangabe kann sich auf eine andere Ausgabe dieses Titels beziehen.

Über die Autorin bzw. den Autor

Stephen D. King is group chief economist and global head of economics and asset allocation research at HSBC. He lives in London.

„Über diesen Titel“ kann sich auf eine andere Ausgabe dieses Titels beziehen.

Verlag
YALE UNIV PR
Erscheinungsdatum
2010
Sprache
Englisch
ISBN 10 
0300154321
ISBN 13 
9780300154320
Einband
Gebundene Ausgabe
Anzahl der Seiten
279
Kontakt zum Hersteller
Nicht verfügbar
Verantwortliche Person
Buchpark GmbH
gpsr@buchpark.de

Krügerweg 1
Trebbin
Brandenburg
14959
Deutschland