Command of Commerce

Name: Command of Commerce
Brand: Oxford University Press Inc
SKU: 9780197802298
Price: 577.41 RON
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Americaas Enduring Economic Power Advantage over China

Autor: Ben A. Vagle, Brooks, Stephen G. (Professor of Government, Professor of Government, Dartmouth College)

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Editura: Oxford University Press Inc

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The conventional wisdom has held that China''s economic power is very close to America''s and that W...

Informații despre carte

Autor

Ben A. Vagle, Brooks, Stephen G. (Professor of Government, Professor of Government, Dartmouth College)

Limbă

engleză

Legare

Carte - Copertă tare

Publicat

2025

Pagini

280

EAN

9780197802298

Enbook ID

47116818

Editura

Oxford University Press Inc

Greutate

585

Dimensiuni

156 x 235

Descriere completă

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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Command of Commerce

Americaas Enduring Economic Power Advantage over China

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