Charles Dumas – författare

Populism and Economics, Charles Dumas' latest book, examines the reasons for the rise in populism - Brexit and the election of Trump among other events - and how this discontent with the status quo has affected economics, both perceptions and reality. The book argues that while globalization and the influence of new technology have pulled the world economy out of recession and while the benefits of world trade are now spread more widely, there is a perception of injustice because of inequality within individual nations. In a detailed region-by-region analysis of the current state of the world economy and using exclusive research carried out by TS Lombard, Dumas shows how the perception of inequality now threatens to destabilize not only politics but also the economic order itself.

Populism and Economics, Charles Dumas' latest book, examines the reasons for the rise in populism - Brexit and the election of Trump among other events - and how this discontent with the status quo has affected economics, both perceptions and reality. The book argues that while globalization and the influence of new technology have pulled the world economy out of recession and while the benefits of world trade are now spread more widely, there is a perception of injustice because of inequality within individual nations. In a detailed region-by-region analysis of the current state of the world economy and using exclusive research carried out by TS Lombard, Dumas shows how the perception of inequality now threatens to destabilize not only politics but also the economic order itself.

A book of two halves, Decarbonomics first sets the scene of current global economics, outlining the effect of the pandemic, the trade war between the US and China and the resulting fragmentation of globalisation. In the second half of the book, leading financial analyst Charles Dumas examines the economic reasons for action on climate change, and what form that might take.Dumas argues that investment to combat the changing climate will provide not only a boost to growth but also a rebalancing of geopolitics, benefiting those economies best placed to exploit the new technologies - possibly away from the oil-rich Middle East and towards the sun-rich Southern Hemisphere. He also examines the implications of a carbon tax, shifting economics to forge a financial solution to climate change.Drawing on original analysis by one of the world's leading macroeconomic forecasters, Decarbonomics shows how climate-change economics has shifted from a story of necessary sacrifice to one of opportunity.

A book of two halves, Decarbonomics first sets the scene of current global economics, outlining the effect of the pandemic, the trade war between the US and China and the resulting fragmentation of globalisation. In the second half of the book, leading financial analyst Charles Dumas examines the economic reasons for action on climate change, and what form that might take.Dumas argues that investment to combat the changing climate will provide not only a boost to growth but also a rebalancing of geopolitics, benefiting those economies best placed to exploit the new technologies - possibly away from the oil-rich Middle East and towards the sun-rich Southern Hemisphere. He also examines the implications of a carbon tax, shifting economics to forge a financial solution to climate change.Drawing on original analysis by one of the world''s leading macroeconomic forecasters, Decarbonomics shows how climate-change economics has shifted from a story of necessary sacrifice to one of opportunity.

In his previous books, The Bill from the China Shop and China and America: A Time of Reckoning, Charles Dumas was the first to identify the existence and potential impact of the Eurasian Savings Glut - most importantly how it would push US mortgage borrowing to excess, precipitating the global credit crisis. As we now strive to rescue the international financial system, he points to uncomfortable truths about the conflicts ahead.The US has reverted to debt-driven growth (this time, government debt), and its economic benefit is waning while the risk increases. China is veering back to export-led growth and large surpluses, increasingly at others'' expense. Europe is squeezed between them, and the fixed-rate euro system is creating a subsidiary set of extreme imbalances: the Mediterranean cannot expand demand, while north-central Europe will not expand it. Globally, the choice may soon be between serially degrading US federal credit or putting up trade barriers. The first would undermine the world financial system, but the second would damage world trade, at huge expense to real incomes everywhere.Globalisation Fractures confronts the inherent conflicts as issues to be urgently addressed. This is the battleground upon which the future of the global economy will be determined.

2012 will bring another global economic crisis. It could have been avoided if America and other deficit countries had embarked on currency devaluation and tighter domestic policy to sustain recovery and growth, boost exports and savings, while cutting excessive debts built up in the pre-crisis ''gilded age''. But they didn''t. Instead they continued to run large government deficits, effectively transferring debt from private to public hands, rather than reducing it through rising national savings rates.Savings-rich countries, notably China, have not helped. To get the global economy in better balance they needed to reduce exports by revaluing their currencies and encouraging domestic demand. Instead,the second, third and fourth largest economies in the world have continued to increase their net exports, thwarting recovery in the United States, Britain and southern Europe.This economic imbalance, say Dumas and Choyleva, is going to cause another global economic crunch.And afterwards? Perhaps surprisingly, but with impeccable reasoning, Dumas and Choyleva go on to argue that America will emerge from the slump in the strongest shape, China will struggle unless it takes steps to tackle its structural problems, Eurozone countries like Spain, Portugal and Greece are in for a depressing decade, while Britain, because of its labour market and exchange rate flexibility, will be in better shape to emulate America''s recovery.These are precarious times. To understand and prepare for them, this book will be invaluable