Puzzles, paradoxes, controversies, and the global economy / Charles Wolf Jr.

"The chapters in this book were written between 2007 and the first half of 2014 ... Thirty-five of the thirty-seven chapters were previously published as op-eds in the Wall Street Journal, Forbes, and South China Morning Post or as lengthier essays in the Weekly Standard, in journals previously published by the Hoover Institution, as a book chapter (published by Routledge), or as brief responses to specific questions raised by symposia published in the International Economy. Two chapters were previously unpublished"--Page xiii.

Index : p. [243]-257.

Includes bibliographical references.

The paradoxes of China -- China's expanding role in global merger-and-acquisition markets : summary / coauthored with Brian G. Chow, Gregory S. Jones, and Scott Harold -- China's next buying spree : foreign companies -- China's foreign aid and government-sponsored investment activities : scale, content, destinations, and implications : summary / coauthored with Xiao Wang and Eric Warner -- The strategy behind China's aid expansion -- A truly great leap forward -- A smarter approach on the yuan -- Our misplaced yuan worries -- Chinese fire drill -- A liberated yuan is likely to fall -- Developmental corruption in China : Charles Wolf Jr. on Double paradox: rising growth and rising corruption in China by Andrew Wedemann -- Where Keynes went wrong : what if government spending depresses instead of stimulates? -- Pro-growth austerity : tightening the government's belt doesn't have to squeeze the economy -- Explaining the recovery's puzzles -- The Fed and inequality : zero interest rates have side effects -- Income inequality : farsided leadership in a shortsighted world / coauthored with John Godges -- One policy change, please -- Tax the nonprofits : a modest proposal -- The facts about American "decline" -- An American lost decade? -- What are the chances the United States becomes energy independent? -- The geopolitics of U.S. energy independence -- All inequality is not equal / coauthored with Arthur C. Brooks -- The inequality debate : the United States versus China -- A few low notes won't spoil China-US harmony -- Bipartisanship doesn't help fix exchange rates -- The Asian century : reality or hype? -- Japan's sun may be rising : a different cure for economic stagnation -- China and India, 2025 : a macroeconomic assessment / coauthored with Alisher Akhmedjonov -- Modernizing the North Korea system : objectives, method, and application : summary / coauthored with Norman D. Levin -- The cost of reuniting Korea -- Austerity and stimulus--two misfires -- How might bin Laden's demise affect business? -- Enhancement by enlargement : the proliferation security initiative : summary / coauthored with Brian G. Chow and Gregory S. Jones -- Asia's nonproliferation laggards : China, India, Pakistan, Indonesia, and Malaysia -- Natural disasters -- The economist's pantheon : Charles Wolf Jr. on Grand pursuit: the story of economic genius by Sylvia Nasar.

"In this wide-ranging collection of essays first published between 2007 and 2014, Charles Wolf Jr. shares his insights on the world's economies, including those of China, the United States, Japan, Korea, India, and others. First appearing in such periodicals as in Forbes, the Wall Street Journal, and the Weekly Standard, among others, these chapters take on a range of questions about the global economy. Wolf discusses the paradoxes and puzzles within China's political economy and in its interactions with the United States. He analyzes the shortcomings of Keynesian economics as a response to the 2008 recession, as well as the weaknesses of policies and actions inferred from the theory, and compares those weaknesses with those of austerity policies intended to limit government spending and indebtedness. He also offers his views on economic inequality and where its principal sources may truly lay, China's currency and the continuing controversy about whether and when it may become a major international reserve currency, and many more insights on key economic issues affecting the global economy"--Publisher's description.