Stephen Roach on the Next Asia
Opportunities and Challenges for a New Globalization
Chapter One
A World in Crisis
* Introduction * Subprime Outlook for the Global Economy
* Save the Day * Coping With a Different Recession * Davos
Diary: 2008 * Double Bubble Trouble * Even When the Worst
Is Over-Watch Out for Aftershocks * Pitfalls in a Postbubble
World * Panic of 2008: Enough Scapegoating * Global Fix for a
Global Crisis * Changing the Fed's Policy Mandate * An Early
Leadership Opportunity for Barack Obama * Dying of Consumption
* Uncomfortable Truths about Our World after the Bubble
* A Postbubble Global Business Cycle * America's Japan Syndrome
* Whither Capitalism? * After the Era of Excess * Same Old,
Same Old * Depression Foil *
Introduction
As the greatest beneficiary of globalization, Asia continues to take an
important cue from the broader global environment. With the world
economy in its most wrenching c ... read full excerpt from Stephen Roach on the Next Asia: Opportunities and Challenges for a New Globalization ebook