Michael Pettis
@michaelxpettis
Senior Fellow, Carnegie Endowment.
For speaking engagements, please contact me at chinfinpettis@yahoo.com
加入 October 2017
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In my most recent piece for Foreign Affairs, I argue that we actually know quite a lot about how large trade imbalances eventually get resolved – and that the adjustment is almost always painful. The key question for policymakers, then, is not whether there will be pain, but how it will be distributed between surplus and deficit economies.
via @ForeignAffairs
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