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Volume III · Managed Decline

From IOUs to Empires

Research preview · manuscript under review

Examines monetary claims, outsourced production, and the interdependence between American demand and Chinese industrial capacity.

Research programme: Siddhartha Harsh Wardhan · Preview updated

The research question

How are monetary claims, demand and industrial capacity connected across economies?

How it connects to Volume III

Connects the volume’s household concerns to production networks and the relationship between finance and material capacity.

Evidence and limits

Use dated trade, production and financial accounts with consistent definitions. Distinguish a proposed framework from a complete model of U.S.–China interdependence.

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