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In his new book, Arvind Subramanian presents the following possibilities: What if, contrary to common belief, China’s economic dominance is a present-day. China could soon eclipse the US but it would be quite wrong to assume In this challenging new study, Arvind Subramaniam of the Peterson. To Arvind Subramanian, a joint-fellow at the Peterson Institute and the Center for Global Development, it’s more like economic inevitability – a world in which the.

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Allison rated it it was ok Nov 03, This is not grounds for complacency on the part of the US – China’s global economic role is still growing – but I think it’s a huge question whether investors and governments will accept an authoritarian economic hegemon, one that Subramanian fails to address adequately.

Oct 01, Tobias rated it it was ok. As he says, it may be more China’s to gain than the US to lose, comparing the current China vs. His model predicts based on historical data that Chinese dominance is inevitable, and we all know by now that past data are not the best predictors of future outcomes in markets.

Joshua rated it really liked it Feb 26, America Resurgent or American Vulnerable? Lists with This Book. Goodreads helps you keep track of books you want to read.

He dismisses the fact that China faces a number of domestic and international challenges that are no less critical than those facing the US. Customer Service Please visit the Columbia University Press website for detailed information on ordering.

Eclipse: Living in the Shadow of China’s Economic Dominance | PIIE

J rated it really liked it Sep 22, This book is one heavy dose of economics. One corollary is that the fundamentals are strong for the Chinese currency to replace the dollar as the world’s reserve currency.

Its dominance and eclipsing of US global economic power is more imminent, more broad-based and larger in magnitude than anyone has anticipated.

Controversial, but meant to be, it has the potential to set the terms of our ongoing discussion on what is perhaps the hottest issue in the global economy—China’s role. Subramanian compares the economic dominance of China with that of the two previous economic superpowers–the United States and the United Kingdom–and highlights similarities and differences.


Gayle rated it liked it Jun 15, It is an extremely well written and thought provoking book. Nostrum sint cum a eos. Diagnosis of Economic Cooperation with a Rising China 9. Oct 24, Frank Kelly rated it really liked it Shelves: Great reference especially since charts and graphs are shown to let you really compare the things visually. Honestly, I feel bad for having arvinx the giveaway for it because somebody else could have appreciated it more.

Eclipse, despite it’s rather sensationalist title, and sensationalist opening, is very much an academic piece of work.

Benjamin Sadlek rated arvindd it was amazing Nov 05, Middlethought rated it it was amazing Aug 05, The final chapter forecasts how the international economic system is likely to evolve as a result of Chinese dominance.

Eclipse: Living in the Shadow of China’s Economic Dominance by Arvind Subramanian

Ceci Barradas rated it liked ravind Nov 30, Mauricio Santoro rated it liked it Oct 26, What if, contrary to common belief, China’s economic dominance is a present-day reality rather than a faraway possibility? Just a moment while we sign you in to your Goodreads account. By most accounts, China has quickly grown into the second largest economy in the world.

Antoni Yanev rated it really liked it Nov 10, Want to Read saving….

Preface Acknowledgments Introduction 1. In this respect, the book does not so much read like Michael Crichton’s Rising Sun, rather it reads more closely like a work by Barry Eichengreen or Paul Krugman who are both frequently referenced.

Feb 20, Dyanna rated it it was ok Shelves: I think perhaps an effort elipse made to make it accessible to a wide audience, but it was too complicated eclipae me. Subramanian is a first-class economist who uses his book to discuss provocatively U. Michael rated it it was amazing Jan 28, Paired comparison is problematic as well, since it is easy to think of numerous factors that can confound comparison between the two.


Does anyone doubt that if forced to choose between retaining power and promoting economic openness, the Chinese Communist Party will choose the former every time? Paired comparison is problematic as well, since it is easy to think of numerou An interesting but ultimately unsatisfying thought experiment in how China could unseat the US as the world’s dominant economic superpower. Todd Moss rated it it was amazing Jan 25, He explores the profound effect this might have on the United States, as well as sburamanian the global financial and trade system.

Having previously studied monitary policy, such as the transfer from Pax Britannica to Pax Americana, and the subsequent end of Bretton Woods inSubramanian does provide an interesting new light to look at the ups and downs of Dollar Dominance, and where it is going. If you want to understand the true magnitude of the shift in economic power that is currently changing the world, Eclipse is the book to read—provocative, well argued and elegantly written. Contents Selected chapters and sections are provided for preview only.

Eclipse: Living in the Shadow of China’s Economic Dominance

But Subramanian argues there are also enormous challenges for China to ove China’s eclipsse never ceasing growth trajectory continues to daze most observers. It probably does not make sen Subramanian’s index is an interesting thought exercise, but that’s about it. Carl Mister rated it really liked it Oct 08, China’s seemingly never ceasing growth trajectory continues to daze most observers. The End of Economic Reform in China? And what if the United States’s economic pre-eminence is not, as many economists and policymakers would like to believe, in its own hands, but China’s to determine?