The misguided forces driving conflict escalation between America and China, and the path to a new relationship“A timely, fluid, readable assessment of a testy and rapidly changing global relationship.”—Kirkus Reviews (starred review)In the short span of four years, America and China have entered a trade war, a tech war, and a new Cold War. This conflict between the world’s two most powerful nations wouldn’t have happened were it no...

The Chinese and U.S. economies have been locked in an uncomfortable embrace since the late 1970s. Although the relationship initially arose out of mutual benefits, in recent years it has taken on the trappings of an unstable codependence, with the two largest economies in the world losing their sense of self, increasing the risk of their turning on one another in a destructive fashion.     In Unbalanced: The Codependency of America and China Stephen Roach, senior fellow at...

As Morgan Stanley's chief Asia specialist, getting Asia right is Stephen Roach's personal obsession, and this in-depth compilation represents more than 70 of Roach's key research efforts not just on Asia, but also on how the region fits into the broad context of increasingly globalized financial markets. The book argues that the "Asia factor" is not a static concept, but rather one that is constantly changing and evolving. Broken down into five parts–Asia's critical role in globalization; ...

In the end, we are all products of the roads we travel. In the case of Stephen Roach, its been the global road. He has criss-crossed the world as Morgan Stanleys first global economist, and most recently his journeys have increasingly led to Asia, at first because of events, but ultimately as a reflection of the allure and intrigue of this incredibly dynamic region for global investors. The global macro callboth for economies and financial markets became increasingly dependent on Asia. And...

The Avalon Expedition divided.Despite the food, water, and other plentiful resources the Expedition has found in the mysterious nebula 3,000 light years from home, Vice Admiral Redfield’s military takeover has sowed distrust among the Expedition's captains. Captain Cassandra Farren and Director Elizabeth Ancelet find themselves in the Avalon’s brig and the crew of the Guinevere press-ganged into service aboard the CSV Shabayev, while the captured Inquisitor Vadric ...

Advances in our scientific understanding and technological power in recent decades have dramatically amplified our capacity to intentionally manipulate complex ecological and biological systems. An implication of this is that biological and ecological problems are increasingly understood and approached from an engineering perspective. In environmental contexts, this is exemplified in the pursuits of geoengineering, designer ecosystems, and conservation cloning. In human health contexts, it...

An in-depth look at China’s burgeoning capital marketsAuthor Jian Gao is the number one authority on fixed income markets in China, and with this book, he brings his considerable experience and knowledge about these markets to investors worldwide. For those interested in becoming active in China’s growing fixed income markets, Debt Capital Markets in China is the book you need to get started. It includes coverage of the primary and secondary markets, government debt instru...

Throughout history, rich and poor countries alike have been lending, borrowing, crashing--and recovering--their way through an extraordinary range of financial crises. Each time, the experts have chimed, "this time is different"--claiming that the old rules of valuation no longer apply and that the new situation bears little similarity to past disasters. This book proves that premise wrong. Covering sixty-six countries across five continents, This Time Is Different presents a comprehensive...

Most startups fail. But many of those failures are preventable. The Lean Startup is a new approach being adopted across the globe, changing the way companies are built and new products are launched.Eric Ries defines a startup as an organization dedicated to creating something new under conditions of extreme uncertainty. This is just as true for one person in a garage or a group of seasoned professionals in a Fortune 500 boardroom. What they have in common ...

Nobel Laureate Joseph Stiglitz explains why we are experiencing such destructively high levels of inequality - and why this is not inevitableThe top 1 percent have the best houses, the best educations, the best doctors, and the best lifestyles, but there is one thing that money doesn't seem to have bought: an understanding that their fate is bound up with how the other 99 percent live. Throughout history, this is something that the top 1 percent eventually do learn...

China's future is arguably the most consequential question in global affairs. Having enjoyed unprecedented levels of growth, China is at a critical juncture in the development of its economy, society, polity, national security, and international relations. The direction the nation takes at this turning point will determine whether it stalls or continues to develop and prosper.Will China be successful in implementing a new wave of transformational reforms that could last decades and...

Raghuram Rajan was one of the few economists who warned of the global financial crisis before it hit. Now, as the world struggles to recover, it's tempting to blame what happened on just a few greedy bankers who took irrational risks and left the rest of us to foot the bill. In Fault Lines , Rajan argues that serious flaws in the economy are also to blame, and warns that a potentially more devastating crisis awaits us if they aren't fixed. Rajan shows how the individual choices that collectiv...