THE EFFECT OF GLOBAL ECONOMIC IMBALANCES ON THE MILITARY STRATEGY OF THE UNITED STATES AND CHINA

Authors

  • Ángel Rodríguez García-Brazales Department of Economic Analysis: Theory and History. The Autonomous University of Madrid
  • Jorge Turmo Arnal Department of Economic Analysis: Theory and History. The Autonomous University of Madrid
  • Óscar Vara Crespo Department of Economic Analysis: Theory and History. The Autonomous University of Madrid

Abstract

The current account deficit of the U.S. has increased considerably since the beginning of the century and China has made a major contribution to this deficit due to its export-driven growth process. The deficit is unsustainable in the medium and long run and the Chinese economy is beginning to change its pattern. As a consequence, the military strategy of the United States will undergo major changes that will affect the balance of power with China

Published

2018-11-14

Issue

Section

Articles

How to Cite

Rodríguez García-Brazales, Ángel, Turmo Arnal, J., & Vara Crespo, Óscar. (2018). THE EFFECT OF GLOBAL ECONOMIC IMBALANCES ON THE MILITARY STRATEGY OF THE UNITED STATES AND CHINA. Journal of the Spanish Institute for Strategic Studies, 2. https://revista.ieee.es/revistaieee/article/view/337