This book provides a comprehensive examination of the economic disparities that have characterized the global landscape in recent years based on an international political economy perspective. Utilizing a blend of theoretical explanation and empirical analysis, the book will delve into the multifaceted causes and consequences of global imbalances, with a focus on the US and China as major sources of global imbalances. Finally, it will propose certain strategic measures that are required to achieve the sustainable development of the global economy, in a work that will interest journalists, economists and scholars of international relations.

explores global economic inequality attempts macro-analysis of economic structures provides insight into the evolving shape of world trade

Autorentext

Edmund Li Sheng received his PhD from the University of Freiburg. He is a distinguished professor at Shandong University. He has published over 100 papers and 12 monographs. He has been awarded the 'Outstanding Research Achievement Prize' by the Chinese Ministry of Education and the 'China New Development Award' by Springer Nature.

Inhalt

Chapter 1: Cause of Global Imbalances.- Chapter 2: Deindustrialization and Offshore Outsourcing in the United States.- Chapter 3: Theoretical Explanation and Empirical Analysis of Offshore Outsourcing.- Chapter 4: A Global Economy for the Future.