The ecological economics of the international monetary system
Economics for Rebels
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China's Role in the International Monetary System and Environmental Impact
This chapter explores how China's expansion as the 'factory of the world' and its investments in US denominated assets have fueled the current global monetary system. It delves into the ecological implications of China's rise, discussing topics like resource-intensive living, commodity inflation, and social inequalities. The conversation also presents innovative solutions such as debt-for-nature swaps and industrial agreements to address climate change and environmental challenges.
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