Kniha Command of Commerce Ben A. Vagle

Command of Commerce

Americaas Enduring Economic Power Advantage over China

Jazyk: Angličtina
Vazba: Brožovaná
Dostupnost: Skladem u dodavatele
Odesíláme za 14-21 dnů
767
The conventional wisdom has held that China''s economic power is very close to America''s and that W...

Informace o knize

Jazyk
Angličtina
Vazba
Kniha - Brožovaná
Vydáno
2025
Stránek
280
EAN
9780197802304
Enbook ID
47116819
Hmotnost
464
Rozměry
156 x 235

Kompletní popis

The conventional wisdom has held that China''s economic power is very close to America''s and that Washington cannot undertake a broad economic cutoff of China without hurting itself as much, or more. In Command of Commerce, Ben A. Vagle and Stephen G. Brooks show the conventional wisdom is wrong on both fronts. The authors argue that America''s economic power has been underestimated because conventional economic measures have ignored America''s unprecedented control over the world''s largest multinational corporations. They further argue that China''s economic power has been overestimated due to Beijing''s manipulation of its economic data and measurement issues presented by China''s uniquely structured economy. The authors also show Washington could impose massive, disproportionate harm on Beijing if it imposed a broad economic cutoff on China in cooperation with its allies or via a distant naval blockade. Across six scenarios, China''s short-term economic losses from a broad cutoff range from being 5 to 11 times higher than America''s. And in the long run, America and almost all its allies would return to previous economic growth levels; in contrast, China''s growth would be permanently degraded.

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