IES Management College And Research Centre

Global imbalances In trade and finance: issues and perspectives (Record no. 39617)

MARC details
000 -LEADER
fixed length control field 02169nam a2200193Ia 4500
003 - CONTROL NUMBER IDENTIFIER
control field OSt
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20180511155101.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 150210s9999 xx 000 0 und d
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 81-314-0592-3
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 332.042/Rao
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Rao, katuri Nageswara (ED)
9 (RLIN) 22236
245 ## - TITLE STATEMENT
Title Global imbalances In trade and finance: issues and perspectives
Statement of responsibility, etc Rao, Katuri Nageswara
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Name of publisher, distributor, etc The ICFAI university Press
Place of publication, distribution, etc Hyderabad
Date of publication, distribution, etc 2006
300 ## - PHYSICAL DESCRIPTION
Extent VIII, 201
Other physical details Paper
520 ## - SUMMARY, ETC.
Summary, etc Product Description<br/>Emerging economies, traditionally recipients of foreign capital, have now become the chief suppliers of capital that has become crucial in financing the large and growing current account deficit of the US inexpensively.The US current account deficit has crossed 6.7 percent of its GDP. Its fiscal deficit is at over 4 percent level. Any other nation would have collapsed economically under the weight of the twin deficits but not the US, because of the very special key currency status the greenback enjoys. If the pernicious drift towards fiscal instability in the US and elsewhere is not arrested and is compounded by a protectionist reversal of globalization, the adjustment process could be quite painful for the world economy.As long as Asian nations do not enhance domestic investments, let their currencies attain the real values and not implement vital structural reforms especially labor reforms, the dollar hegemony is destined to persist. The US need not proactively initiate any reforms, but can believe in gradualism, so that the greenback only undergoes slow and gradual depreciation, a soft landing without any disaster.The world may very soon witness oil and other major commodities being invoiced in non-dollar currency. This way, the US may be forced to correct its macroeconomic imbalances sooner than later. The rest of the world, therefore, needs to work in cooperation. Otherwise, the global economy will pay a high price, should the correction to the imbalances be left to market forces.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Global Imbalances
9 (RLIN) 22237
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Dewey Decimal Classification
Item type Book
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Shelving location Date acquired Source of acquisition Cost, normal purchase price Total Checkouts Full call number Barcode Date last seen Price effective from
    Dewey Decimal Classification     Library Annexe Library Annexe ON SHELF 22/11/2016 Sahajanand Books - Bill No. 409/Dt. 20-01-2015 295.00   332.042/Rao/28463 11128463 01/06/2018 10/02/2015
    Dewey Decimal Classification     Library Annexe Library Annexe   06/05/2016 Sahajanand Books 295.00   332.042/RAO/28504 11128504 01/06/2018 10/02/2015
    Dewey Decimal Classification     Library Annexe Library Annexe   10/06/2016 Sahajanand Books 295.00   332.042/RAO/28530 11128530 01/06/2018 10/02/2015
    Dewey Decimal Classification     Library Annexe Library Annexe   10/06/2016 Sahajanand Books 295.00   332.042/RAO/28531 11128531 01/06/2018 10/02/2015
    Dewey Decimal Classification     Library Annexe Library Annexe   10/06/2016 Sahajanand Books 295.00   332.042/RAO/28532 11128532 01/06/2018 10/02/2015
    Dewey Decimal Classification     Library Annexe Library Annexe   10/06/2016 Sahajanand Books 295.00   332.042/RAO/28533 11128533 01/06/2018 10/02/2015

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