TY  - BOOK
AU  - Subramanian,Arvind
TI  - Eclipse: Living in the Shadow of China's Economic Dominance
SN  - 9780881326413
AV  - HC427.95 -- .S862 2011eb 
U1  - 330.951 
PY  - 2011///
CY  - Washington
PB  - Peterson Institute for International Economics
KW  - Economic development -- China
KW  - Economic development -- United States
KW  - Economic forecasting -- China
KW  - Economic forecasting -- United States
KW  - International economic relations
KW  - Electronic books
N1  - Cover -- Contents -- Preface -- Acknowledgments -- Introduction -- Ch 1. A Brief History of Economic Dominance -- Systemic Manifestations of US Economic Dominance -- Defining Dominance and Power -- Ch 2. Quantification and Validation of Economic Dominance -- Identifying the Potential Attributes of Economic Dominance -- Occam Razorization: Narrowing the List -- Measuring the Three Determinants -- Validating Economic Dominance -- Weighting and Constructing the Index of Economic Dominance -- Results: Economic Dominance in the Past -- Ch 3. Quantifying Currency Dominance -- Definition -- Benefits and Costs to the Country Issuing the Reserve Currency -- Short History -- What Determines Reserve Currency Status? -- Appendix 3A A Regression Analysis of Reserve Currency Status -- Ch 4. Forces Driving Dominance: Convergence and Gravity -- Convergence of the Previously Poor -- Convergence of the Populous, Previously Poor -- Projecting Numbers: Background Analytics -- Results -- Caveat -- Back to History: Economics Catches Up with Demographics -- Conclusion -- Appendix 4A Projecting GDP Growth Based on Purchasing Power Parity and Market Exchange Rates -- Appendix 4B Trade Projections Based on the Gravity Model -- Ch 5. Projecting Economic and Currency Dominance -- Economic Dominance in the Future -- The Future of the Dollar and the Renminbi -- The Renminbi When the Chips Are Down -- Conclusion -- Appendix 5A Robustness of the Index of Economic Dominance -- Ch. 6 A Historical Perspective on China's Distinctive Dominance -- Precocious or Premature: Can a Not-the-Richest China Be Dominant? -- China's Trade and Openness Outcomes in Historical Power Perspective -- Chinese Mercantilism in Historical Perspective -- Ch 7. Guarding Against Rash Prophesying -- China's Growth: Repeating Mistakes? -- Looking Back -- Realism of Trade Projections -- Conclusion; Ch 8. Economic Cooperation with a Rising China -- How Many Country Groupings Are There in 2011? Historical Parallels -- Prospects for Cooperation Leading Up to Chinese Hegemony -- Ch 9. China as the New Raison d'Être for Reviving Multilateralism -- Limits to the Efficacy of Trade Reciprocity with a Dominant China -- Alternative Approaches: Promiscuous and Hostile Bilateralism -- Asian-Centered Regionalism as a Medium -- Impediments to Revived Multilateralism -- A "China Round" for Tethering China -- Conclusion -- Postscript -- References -- Index
UR  - https://ebookcentral.proquest.com/lib/orpp/detail.action?docID=3385680
ER  -