Imbalance and Rebalance

To Create a New Framework of Global Governance

  • Yang Li
  • Xiaojing Zhang

Table of contents

  1. Front Matter
    Pages i-xvi
  2. Global Imbalances: From the Monetary Perspective

    1. Front Matter
      Pages 1-4
    2. Yang Li, Xiaojing Zhang
      Pages 5-30
    3. Yang Li, Xiaojing Zhang
      Pages 31-61
  3. Global Imbalances: From the Perspective of Real Economy

    1. Front Matter
      Pages 63-65
  4. From Imbalances to Financial Crisis

    1. Front Matter
      Pages 117-118
    2. Yang Li, Xiaojing Zhang
      Pages 119-149
  5. The Mechanism of Rebalancing

    1. Front Matter
      Pages 151-153
    2. Yang Li, Xiaojing Zhang
      Pages 155-176
    3. Yang Li, Xiaojing Zhang
      Pages 177-197
  6. Conclusion

    1. Front Matter
      Pages 235-235
    2. Yang Li, Xiaojing Zhang
      Pages 237-254
  7. Back Matter
    Pages 255-257

About this book


This book focuses on global financial systems. After summarising historical financial institutions, it subsequently uses economic and econometrical models to analyse the strengths and weaknesses of these institutions and their role in the history. Readers, especially international readers, will be introduced to prominent Chinese scholars’ ideas and views on these issues. The perspective of this book is, of course, a Chinese one. As such, readers will learn how Chinese people view global financial systems, even those dominated by the West, what they think about future global finance, etc. As such, the book offers intriguing and revealing insights for researchers and a broader readership alike. 


Global Governance Global Finance International Affairs Economic Crisis Global Governing Institution

Authors and affiliations

  • Yang Li
    • 1
  • Xiaojing Zhang
    • 2
  1. 1.Chinese Academy of Social SciencesBeijingChina
  2. 2.Chinese Academy of Social SciencesBeijingChina

Bibliographic information

  • DOI
  • Copyright Information China Social Science Press and Springer Nature Singapore Pte Ltd. 2017
  • Publisher Name Springer, Singapore
  • eBook Packages Economics and Finance
  • Print ISBN 978-981-10-6149-3
  • Online ISBN 978-981-10-6150-9
  • Buy this book on publisher's site