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Avoiding the Fall - Michael Pettis

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2014-09-11
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30 dienų grąžinimo politika

The days of rapid economic growth in China are over. Mounting debt and rising internal distortions mean that rebalancing is inevitable. Beijing has no choice but to take significant steps to restructure its economy. The only question is how to proceed. Michael Pettis debunks the lingering bullish expectations for China's economic rise and details Beijing's options. The urgent task of shifting toward greater ... Visas aprašymas

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The days of rapid economic growth in China are over. Mounting debt and rising internal distortions mean that rebalancing is inevitable. Beijing has no choice but to take significant steps to restructure its economy. The only question is how to proceed. Michael Pettis debunks the lingering bullish expectations for China's economic rise and details Beijing's options. The urgent task of shifting toward greater domestic consumption will come with political costs, but Beijing must increase household income and reduce its reliance on investment to avoid a fall.

Daugiau informacijos

Autorius Michael Pettis
Leidėjas Carnegie Endowment For International Peace
Išleidimo metai 2014
Viršelio tipas Minkšti viršeliai
EAN 9780870034077
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25,26 € 33,68 €