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Global Perspectives

Jul 16, 2012

China’s Rebalancing Act

By Henry H. McVey

China staged a mighty rise at the dawn of the 21st century to become the world’s preeminent manufacturer. The economic growth and prosperity it h....

Jun 18, 2012

The World in Rebalancing Mode: A Marathon, Not Sprint

By Henry H. McVey

After nearly a decade of accumulating macro imbalances in the global economy, something had to give. The boom-bust cycle of 2001–2008 saw growing....