{"product_id":"the-global-economy-in-turbulent-times-isbn-9781119059929","title":"The Global Economy in Turbulent Times","description":"\u003cb\u003eA leading authority's answer to today's global economic challenges\u003c\/b\u003e \u003cp\u003eIn \u003ci\u003eGlobal Economy in Turbulent Times\u003c\/i\u003e, Harvard economist Dr. See-Yan Lin offers his timely and incisive views on today's key economic issues. Adapted from his hugely popular column in the Malaysia Star newspaper, these articles offer fresh and entertaining perspectives on perennial economic problems. The discussion covers the world economy, with particular attention to the US, EU, Japan, and the international monetary system, as Dr. Lin explains how the economy is broken and offers multiple paths to repair. Coverage includes emerging East Asia, ASEAN (especially Malaysia), and BRICS nations, plus the author's own views on global demography, the need for quality education, corporate governance in Malaysia, and more.\u003c\/p\u003e \u003cp\u003eDr. Lin's expertise in strategic and financial issues is renown and actively sought in the academic, economic, banking, and business realms. In this book, he presents his observations and analysis of the global economy, and the most pressing issues facing the world's financial future.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eConsider the issues faced by the world's leading economies\u003c\/li\u003e \u003cli\u003eExamine the factors underlying inadequacy of political will to act\u003c\/li\u003e \u003cli\u003eGain insight into the middle class that's emerging across the globe\u003c\/li\u003e \u003cli\u003eGet new perspective on CSR and management from a leading authority\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eOpinions on the world's economic problems are abundant, but seldom do they come from such an authoritative source. Dr. Lin draws upon decades of economic experience and the knowledge gained through three post-graduate Harvard degrees to give you a deeper understanding of the current state of the economy. Gain the insight of a multi-awarded scholar and economist with the deep discussion and expert analysis in \u003ci\u003eGlobal Economy in Turbulent Times\u003c\/i\u003e.\u003c\/p\u003e Royal Prelude xlvii \u003cp\u003eForeword xlix\u003c\/p\u003e \u003cp\u003ePreface li\u003c\/p\u003e \u003cp\u003eIntroduction liii\u003c\/p\u003e \u003cp\u003eAbout the Book lv\u003c\/p\u003e \u003cp\u003eAcknowledgments lix\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART I THAT WAS THE WORLD THAT WAS (TW3) 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 1 TW3 2008: The Year Free Markets Ran Amok 3\u003c\/p\u003e \u003cp\u003eCHAPTER 2 2009: “Oxpicious” Year Ahead 9\u003c\/p\u003e \u003cp\u003eCHAPTER 3 Beware of PME in a Jobless 2009 Recovery 17\u003c\/p\u003e \u003cp\u003eCHAPTER 4 G-20 Summit, Pittsburgh 2009: Has “It Worked”? 23\u003c\/p\u003e \u003cp\u003eCHAPTER 5 TW3 2009: Growing Again, but Hold on Tight 29\u003c\/p\u003e \u003cp\u003eCHAPTER 6 Summer 2010: In for a Bumpy Ride, Even a Double-Dip? 35\u003c\/p\u003e \u003cp\u003eCHAPTER 7 G-20 Summit, Toronto 2010: Reflects a Fragile Unity 41\u003c\/p\u003e \u003cp\u003eCHAPTER 8 IMF Meet, Fall 2010: A Cop-Out 47\u003c\/p\u003e \u003cp\u003eCHAPTER 9 G-20 Summit, Seoul 2010: Much Ado about Nothing 53\u003c\/p\u003e \u003cp\u003eCHAPTER 10 TW3 2010: The World Trichotomized 59\u003c\/p\u003e \u003cp\u003eCHAPTER 11 Prospects 2011: As the World Turns 65\u003c\/p\u003e \u003cp\u003eCHAPTER 12 A Check-up at Mid-Year, 2011 71\u003c\/p\u003e \u003cp\u003eCHAPTER 13 Gloomy Outlook Takes Its Toll, 2011–2012 77\u003c\/p\u003e \u003cp\u003eCHAPTER 14 G-20 Summit, Cannes 2011; APEC, Honolulu 2011: Without Gusto! 83\u003c\/p\u003e \u003cp\u003eCHAPTER 15 TW3 2011: Annus Horribilis 89\u003c\/p\u003e \u003cp\u003eCHAPTER 16 G-20 Summit, Los Cabos 2012 GJAP: More of the Same 95\u003c\/p\u003e \u003cp\u003eCHAPTER 17 APEC, Vladivostok 2012: A New Perspective 101\u003c\/p\u003e \u003cp\u003eCHAPTER 18 TW3 2012: A Tough Year with a Bleak Outlook 107\u003c\/p\u003e \u003cp\u003eCHAPTER 19 2013: Breadth of Global Slowdown Disconcerting 113\u003c\/p\u003e \u003cp\u003eCHAPTER 20 TW3 2013: Tension and Risks; a Peek at 2014 119\u003c\/p\u003e \u003cp\u003eCHAPTER 21 Spring 2014 Stock Take: Complex Risks Ahead 127\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART II TROUBLE WITH THE GLOBAL ECONOMY 133\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 22 The Paradox of Thrift 135\u003c\/p\u003e \u003cp\u003eCHAPTER 23 Deflation Is Not an Option 141\u003c\/p\u003e \u003cp\u003eCHAPTER 24 Reality Check on Economic Models 147\u003c\/p\u003e \u003cp\u003eCHAPTER 25 Commodity and Asset Prices Are Up; Can Inflation Be Far Behind? 151\u003c\/p\u003e \u003cp\u003eCHAPTER 26 A New Hazard: Double-Dip Deflation 157\u003c\/p\u003e \u003cp\u003eCHAPTER 27 The “New Normal” 163\u003c\/p\u003e \u003cp\u003eCHAPTER 28 Muddling Through the Inflation 169\u003c\/p\u003e \u003cp\u003eCHAPTER 29 It’s a Dangerous World out There 175\u003c\/p\u003e \u003cp\u003eCHAPTER 30 “Risk-Off” Episodes 181\u003c\/p\u003e \u003cp\u003eCHAPTER 31 Now’s Not the Time for Austerity 187\u003c\/p\u003e \u003cp\u003eCHAPTER 32 The World Economy: Growing Pains and Bubbly Worries 193\u003c\/p\u003e \u003cp\u003eCHAPTER 33 What’s Up Is Down 199\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART III THE UNITED STATES: JOBLESS RECOVERY 205\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 34 Jackson Hole “Gunfi ght” Shoots Blanks 207\u003c\/p\u003e \u003cp\u003eCHAPTER 35 The United States Is No Longer AAA 213\u003c\/p\u003e \u003cp\u003eCHAPTER 36 “Occupy Wall Street” Goes Global 219\u003c\/p\u003e \u003cp\u003eCHAPTER 37 Lessons from Marx to Market 225\u003c\/p\u003e \u003cp\u003eCHAPTER 38 Sachs and Krugman on the Global Crisis 231\u003c\/p\u003e \u003cp\u003eCHAPTER 39 Life after Keynes with the Double-Dip 237\u003c\/p\u003e \u003cp\u003eCHAPTER 40 Growth Dims after the “Cliff” 243\u003c\/p\u003e \u003cp\u003eCHAPTER 41 An Inconvenient Truth: QE Withdrawal Syndrome 249\u003c\/p\u003e \u003cp\u003eCHAPTER 42 An Unnecessary Disaster Spawns Market Fears 255\u003c\/p\u003e \u003cp\u003eCHAPTER 43 US Growth Deficit: Too Loose, Too Long 261\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART IV THE EUROPEAN UNION AND EUROZONE: MORE AUSTERITY 267\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 44 Dark Clouds over Europe and the United States 269\u003c\/p\u003e \u003cp\u003eCHAPTER 45 ECB and Fed Clear Way to Act 275\u003c\/p\u003e \u003cp\u003eCHAPTER 46 Eurozone Growth Can’t Move beyond First Gear but Needs to Keep Deflation at Bay 281\u003c\/p\u003e \u003cp\u003eCHAPTER 47 PIIGS Can’t Fly: The Trouble with Greece 287\u003c\/p\u003e \u003cp\u003eCHAPTER 48 Greece Is Bankrupt 293\u003c\/p\u003e \u003cp\u003eCHAPTER 49 Greek Bailout Mark II: It’s a Default 299\u003c\/p\u003e \u003cp\u003eCHAPTER 50 Greece and Eurozone: Austerity Fatigue 305\u003c\/p\u003e \u003cp\u003eCHAPTER 51 Greece: More Aid Needed to Save the Austerity-Fatigued 311\u003c\/p\u003e \u003cp\u003eCHAPTER 52 New Euro Deal: Not the Whole Bazooka 317\u003c\/p\u003e \u003cp\u003eCHAPTER 53 European Union: Favoring Growth Against More Austerity 323\u003c\/p\u003e \u003cp\u003eCHAPTER 54 European Union: A Summer of Discontent 329\u003c\/p\u003e \u003cp\u003eCHAPTER 55 European Union: Draghi’s Bumblebee 335\u003c\/p\u003e \u003cp\u003eCHAPTER 56 Cyprus’s Bailout Turns Bail-In 341\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART V JAPAN: DEAD ON BUT NOT DEADENED 347\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 57 Japan in Deep Hibernation 349\u003c\/p\u003e \u003cp\u003eCHAPTER 58 3-11: The Tohoku Disasters One Year On 355\u003c\/p\u003e \u003cp\u003eCHAPTER 59 Japan Picks Up the Pieces 361\u003c\/p\u003e \u003cp\u003eCHAPTER 60 Abenomics: Japan Comes Alive Again 367\u003c\/p\u003e \u003cp\u003eCHAPTER 61 Abenomics Hitting Speed Bumps 373\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART VI THE INTERNATIONAL FINANCIAL SYSTEM 377\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 62 So, the Gold Bug Still Bugs You 379\u003c\/p\u003e \u003cp\u003eCHAPTER 63 Man’s Addiction to Gold 385\u003c\/p\u003e \u003cp\u003eCHAPTER 64 In Search of Gold at Bretton Woods: Lust for Gold Not Paying Off 391\u003c\/p\u003e \u003cp\u003eCHAPTER 65 What’s Wrong with the International Monetary System? 399\u003c\/p\u003e \u003cp\u003eCHAPTER 66 US Dollar: Cracking at the Seams 405\u003c\/p\u003e \u003cp\u003eCHAPTER 67 The Dollar Quagmire 411\u003c\/p\u003e \u003cp\u003eCHAPTER 68 The “Trilemma” of Capital Controls 417\u003c\/p\u003e \u003cp\u003eCHAPTER 69 Burgernomics and the Ringgit 423\u003c\/p\u003e \u003cp\u003eCHAPTER 70 The Yuan Way to a New Monetary Order 429\u003c\/p\u003e \u003cp\u003eCHAPTER 71 Why Tokyo Failed to Be Top-Tier IFC 435\u003c\/p\u003e \u003cp\u003eCHAPTER 72 At Risk: Beggar-Thy-Neighbor 441\u003c\/p\u003e \u003cp\u003eCHAPTER 73 Currency Wars at a Time of Defi cient Demand 447\u003c\/p\u003e \u003cp\u003eCHAPTER 74 Tension over Exchange Rates 453\u003c\/p\u003e \u003cp\u003eCHAPTER 75 RMB: What’s a Budding Currency to Do? 459\u003c\/p\u003e \u003cp\u003eCHAPTER 76 The Kiss of Debt 465\u003c\/p\u003e \u003cp\u003eCHAPTER 77 This Obsession with Debt 471\u003c\/p\u003e \u003cp\u003eCHAPTER 78 The Tobin Tax Revisited 477\u003c\/p\u003e \u003cp\u003eCHAPTER 79 Dubai: Or Is It Bye-Bye? 483\u003c\/p\u003e \u003cp\u003eCHAPTER 80 Whatever Volcker Wants, Volcker Gets? 489\u003c\/p\u003e \u003cp\u003eCHAPTER 81 “Too-Big-to-Fail” and the Volcker Rule Faces Fresh Challenges 495\u003c\/p\u003e \u003cp\u003eCHAPTER 82 LIBOR Scandal Fuss 501\u003c\/p\u003e \u003cp\u003eCHAPTER 83 Wall Street Stock Market Rigged: HFT “Cheetahs” Only Take 13,000ths of a Second to Turn a Profit 511\u003c\/p\u003e \u003cp\u003eCHAPTER 84 Shadow Banking: The Global Bogeyman 517\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART VII GOING GREEN 521\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 85 Blue Ocean That’s Also Green 523\u003c\/p\u003e \u003cp\u003eCHAPTER 86 The Crimson Goes Green 527\u003c\/p\u003e \u003cp\u003eCHAPTER 87 The Road to Copenhagen 533\u003c\/p\u003e \u003cp\u003eCHAPTER 88 RIO+20: What a Huge Disappointment 539\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART VIII SOCIAL ISSUES OF CONCERN 545\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 89 9.6 Billion 547\u003c\/p\u003e \u003cp\u003eCHAPTER 90 The Seven]Billionth Baby Is Born 553\u003c\/p\u003e \u003cp\u003eCHAPTER 91 The Ominous Demographic Dilemma 559\u003c\/p\u003e \u003cp\u003eCHAPTER 92 The Quality of Life 565\u003c\/p\u003e \u003cp\u003eCHAPTER 93 The Emerging Bourgeoisie 571\u003c\/p\u003e \u003cp\u003eCHAPTER 94 Rising Income Inequality and the Piketty Blockbuster 577\u003c\/p\u003e \u003cp\u003eCHAPTER 95 Has Undergraduate Education Lost Its Way? 581\u003c\/p\u003e \u003cp\u003eCHAPTER 96 The MBA: Is It Still Relevant? 587\u003c\/p\u003e \u003cp\u003eCHAPTER 97 375 Years and Still Number One 595\u003c\/p\u003e \u003cp\u003eCHAPTER 98 Onward the Harvard Connection 601\u003c\/p\u003e \u003cp\u003eCHAPTER 99 The Future of University Education: What It Takes to Be Educated 609\u003c\/p\u003e \u003cp\u003eCHAPTER 100 Schumpeternomics: Gotta Keep on Learning 615\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART IX MALAYSIAN TRANSFORMATION AND INNOVATION 619\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 101 Getting “Cangkul]Ready” 621\u003c\/p\u003e \u003cp\u003eCHAPTER 102 Now the Real Pain Begins 625\u003c\/p\u003e \u003cp\u003eCHAPTER 103 Mahathir’s Challenge 631\u003c\/p\u003e \u003cp\u003eCHAPTER 104 Stimulating Times 637\u003c\/p\u003e \u003cp\u003eCHAPTER 105 Price Fixing, Market Sharing, and Collusion Are Illegal 643\u003c\/p\u003e \u003cp\u003eCHAPTER 106 Najib’s New Way Forward 649\u003c\/p\u003e \u003cp\u003eCHAPTER 107 We Still Don’t Get It 653\u003c\/p\u003e \u003cp\u003eCHAPTER 108 Creativity: The Key to NEM’s Success 659\u003c\/p\u003e \u003cp\u003eCHAPTER 109 The Mystique of National Transformation 665\u003c\/p\u003e \u003cp\u003eCHAPTER 110 Toward Quality Undergraduate Education 673\u003c\/p\u003e \u003cp\u003eCHAPTER 111 Innovation: Catalyst for Recovery 679\u003c\/p\u003e \u003cp\u003eCHAPTER 112 On Productivity and Talent Management 685\u003c\/p\u003e \u003cp\u003eCHAPTER 113 Finance for Innovative Ventures: Broken Dreams? 691\u003c\/p\u003e \u003cp\u003eCHAPTER 114 Venture Capital Initiatives to Boost Entrepreneurship 697\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART X EMERGING EAST ASIA, ASEAN, AND BRICS 703\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 115 Export]Led Growth Model: Quo Vadis? 705\u003c\/p\u003e \u003cp\u003eCHAPTER 116 “Go East, Young Man” 711\u003c\/p\u003e \u003cp\u003eCHAPTER 117 Asia Feels the Heat 717\u003c\/p\u003e \u003cp\u003eCHAPTER 118 QE3 Exit and Asia’s Trilemma 723\u003c\/p\u003e \u003cp\u003eCHAPTER 119 Focus of Concern: Emerging Asia at Risk 729\u003c\/p\u003e \u003cp\u003eCHAPTER 120 ASEAN Stimulus 735\u003c\/p\u003e \u003cp\u003eCHAPTER 121 ASEAN+3 Stimuli 741\u003c\/p\u003e \u003cp\u003eCHAPTER 122 AEC Is on the Way, but It’s No Big Deal 747\u003c\/p\u003e \u003cp\u003eCHAPTER 123 South Korea Emerges More Competitive 755\u003c\/p\u003e \u003cp\u003eCHAPTER 124 The Philippines: Its Turn Is Next 761\u003c\/p\u003e \u003cp\u003eCHAPTER 125 Indonesia Losing Its Footing? 767\u003c\/p\u003e \u003cp\u003eCHAPTER 126 Indonesia and India: Under New Management 773\u003c\/p\u003e \u003cp\u003eCHAPTER 127 Vietnam Wakes Up: Ding Dong Dung 779\u003c\/p\u003e \u003cp\u003eCHAPTER 128 Thailand on the Rebound 785\u003c\/p\u003e \u003cp\u003eCHAPTER 129 Myanmar: Not the Burma I Used to Know 791\u003c\/p\u003e \u003cp\u003eCHAPTER 130 Myanmar Spring: “Look, Listen, Learn, and Leave” 797\u003c\/p\u003e \u003cp\u003eCHAPTER 131 The BRICS Are Coming . . . 805\u003c\/p\u003e \u003cp\u003eCHAPTER 132 BRICS Can’t Run as a Herd 811\u003c\/p\u003e \u003cp\u003eCHAPTER 133 Acronym Anxiety: BRICS Are Stumbling 817\u003c\/p\u003e \u003cp\u003eCHAPTER 134 China: Realities about Its BOP Surpluses 823\u003c\/p\u003e \u003cp\u003eCHAPTER 135 China: RMB Flexibility Not Enough 829\u003c\/p\u003e \u003cp\u003eCHAPTER 136 China: Much Ado about Nothing 835\u003c\/p\u003e \u003cp\u003eCHAPTER 137 The “China Dream” 841\u003c\/p\u003e \u003cp\u003eCHAPTER 138 China: Economic Slowdown: A Cause for Concern? 847\u003c\/p\u003e \u003cp\u003eCHAPTER 139 China: The Third Plenum Reforms Are Well Received, but the New Deal Flashes Danger Signals 853\u003c\/p\u003e \u003cp\u003eCHAPTER 140 China: Multiple Policy Dilemmas 859\u003c\/p\u003e \u003cp\u003eCHAPTER 141 China: Rebalancing Growth with Reform and Moving Up to the Next Level 867\u003c\/p\u003e \u003cp\u003eCHAPTER 142 India: The Outlook Dims 873\u003c\/p\u003e \u003cp\u003eCHAPTER 143 “A Passage to India”: The Outlook Remains Dire 879\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART XI CORPORATE GOVERNANCE AND MANAGEMENT 885\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 144 On Corporate Governance and Doing It Right 887\u003c\/p\u003e \u003cp\u003eCHAPTER 145 The CG Blueprint 2011: “Let a Hundred Flowers Bloom” 893\u003c\/p\u003e \u003cp\u003eCHAPTER 146 Creative Destruction: “Kodak Moment” No More 899\u003c\/p\u003e \u003cp\u003eCHAPTER 147 The F\u0026amp;N Saga 905\u003c\/p\u003e \u003cp\u003eCHAPTER 148 On Global Gaming, Aussie$, the SGX–ASX Merger 913\u003c\/p\u003e \u003cp\u003eCHAPTER 149 In Search of Growth 921\u003c\/p\u003e \u003cp\u003eCHAPTER 150 The Goat Straggles into 2015 amid Rising Risks 931\u003c\/p\u003e \u003cp\u003eCHAPTER 151 2015: A Dismal World Where Oil and Currencies Are Causing Havoc 937\u003c\/p\u003e \u003cp\u003eNotes 941\u003c\/p\u003e \u003cp\u003eAbout the Author 943\u003c\/p\u003e \u003cp\u003eIndex 945\u003c\/p\u003e   \u003cp\u003e\u003cb\u003eLIN SEE-YAN\u003c\/b\u003e is a Harvard-educated economist and a British Chartered Scientist. Currently, he is Pro-Chancellor and Research Professor at Sunway University. He was advisor to all Prime Ministers and Ministers of Finance in Malaysia since its independence. Dr. Lin teaches, writes, publishes, and consults on strategic and financial issues, including writing a fortnightly column \u003ci\u003eWhat Are We To Do\u003c\/i\u003e in \u003ci\u003eThe Star\u003c\/i\u003e, which is widely circulated in Malaysia.     \u003c\/p\u003e\u003cp\u003e\u003cb\u003eA LEADING AUTHORITY'S ANSWER TO TODAY'S GLOBAL ECONOMIC CHALLENGES\u003c\/b\u003e  \u003c\/p\u003e\u003cp\u003eIn \u003ci\u003eThe Global Economy in Turbulent Times\u003c\/i\u003e, Harvard-educated economist Dr. Lin See-Yan presents his observations and analysis of the global economy and the most pressing issues facing the world's financial future. The book provides an absorbing account of the state of the world during the Great Recession years since 2008, giving a run-down on how the US struggles with the jobless recovery; on why the eurozone can't cut and grow in the face of the Greece tragedy; and on Japan's stint in deep hibernation. There are also insights into why the international monetary system is in urgent need of reform, as well as into man's addiction to gold, and the critical banking reform efforts.  \u003c\/p\u003e\u003cp\u003eDrawn from his acclaimed column in \u003ci\u003eThe Star\u003c\/i\u003e newspaper in Malaysia, \u003ci\u003eThe Global Economy in Turbulent Times\u003c\/i\u003e offers fresh and entertaining perspectives on perennial economic problems. Dr. Lin explains how the worldwide economy is broken and offers various paths to repair. The author covers emerging East Asia, ASEAN (especially Malaysia), and BRICS nations, and includes his views on global demography, the need for quality education, the environment, corporate governance in Malaysia, and much more.  \u003c\/p\u003e\u003cp\u003eWhile opinions on the world's economic problems are abundant, it is rare that they come from such an authoritative source. Dr. Lin calls upon 55 years of economic experience and the knowledge gained living through global crises and critical episodes of our recent past to give you a deeper understanding of the current state of the economy. His account is non-partisan and readily understandable. It is above all a dependable guide with the ability to engage, and even delight along the way.     \u003c\/p\u003e\u003cp\u003e\u003cb\u003ePRAISE FOR THE GLOBAL ECONOMY IN TURBULENT TIMES\u003c\/b\u003e  \u003c\/p\u003e\u003cp\u003e\"The depth of analysis and breath of coverage can only come from someone with a sound understanding of the issues involved, and written in a style that is easy to read and can be understood by the non-specialist. Anybody with even the slightest interest in current economic matters and regional financial affairs should own and read this book. You will be richly rewarded. You will not find another book quite like it.\"\u003cbr\u003e \u003cb\u003e–Dr. Nazrin Shah,\u003c\/b\u003e Sultan of Perak, Malaysia, and Royal Patron, International Islamic Financial Centre  \u003c\/p\u003e\u003cp\u003e\"I wish the leaders of Europe and America as much as the leaders of Malaysia would read what he has to say. I think many of us are in denial, but reading the essays in this book might help us to acknowledge the truth. I read textbooks but I prefer to do my own thinking. This process is helped by reading some of the writings of See-Yan. I would recommend this book be read by people entrusted with guiding and leading their societies and nations.\"\u003cbr\u003e \u003cb\u003e–Tun Dr. Mahathir Mohamad,\u003c\/b\u003e Prime Minister of Malaysia, 1981–2003  \u003c\/p\u003e\u003cp\u003e\"In all of these essays, seemingly complex economic issues are explained without technical jargon in ways that any educated person can follow even if they have no background in economics. Most economists have trouble being both rigorous and clear, but Dr. Lin is a notable exception. This book can be read from cover to cover, but for many readers it will serve two roles. It is an excellent reference book. It is also a book for use as a very good university course on global economic issues.\"\u003cbr\u003e \u003cb\u003e–Dwight H. Perkins,\u003c\/b\u003e Harold Hitchings Burbank Professor of Political Economy, Emeritus, Harvard University, and Chairman, International Academic Advisory Council, Jeffrey Cheah Institute on Southeast Asia, Sunway University  \u003c\/p\u003e\u003cp\u003e\"For over fifty years, through his wide global network of high-level policy analysts and his deep immersion in core domestic policy discussions, Prof. Lin has helped to brainstorm and address every major macroeconomic crisis. In each case, he has lent his powerful analytical mind and sense of culture, history, and politics to help shape public policy responses to ameliorate the situation. It is my great pleasure and honor to help disseminate Lin See-Yan's great wisdom for the wide world.\"\u003cbr\u003e \u003cb\u003e–Jeffrey D. Sachs,\u003c\/b\u003e Quetelet Professor of Sustainable Development, Professor of Health Policy and Management, and Director, Earth Institute, Columbia University, and Special Adviser to UN Secretary-General Ban Ki-moon\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990240968933,"sku":"NP9781119059929","price":38.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119059929.jpg?v=1761787028","url":"https:\/\/k12savings.com\/es\/products\/the-global-economy-in-turbulent-times-isbn-9781119059929","provider":"K12savings","version":"1.0","type":"link"}