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Eclipse: living in the shadow of China's economic dominance

This was a discussion on the growing role of China in the global economy, based on the book Eclipse: Living in the Shadow of China's Economic Dominance written by Arvind Subramanian.

The book examines the growing dominance of China on the global economic stage, comparing China's rise with the past hegemonies of Great Britain and the United States. Arvind Subramanian's effort to quantify and project economic and currency dominance leads him to the conclusion that China's dominance is not only more imminent, but also broader in scope, and much larger in magnitude, than is currently imagined. He explores the profound effect this might have on the United States, as well as on the global financial and trade system. Subramanian concludes with a series of policy proposals for other nations to reconcile China's rise with continued openness in the global economic order.

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