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Restructuring the balance sheets of Western governments, banks and households is an important issue in the recovery after the recent crisis. This book focuses on sovereign debt, sovereign risk and the developing economic and financial business climate and explains why the year o…
Cohen and DeLong (regional planning and economics, U. of California, Berkeley) explore how America's international trade deficit might impact its power in the world. They illustrate the ways the US lost its money, how oil-producing and Asian manufacturing countries now hold the …