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Avoiding the fall : China's economic restructuring /
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 ex...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Autor Corporativo: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington, D.C. :
Carnegie Endowment for International Peace,
[2013]
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| Temas: | |
| Acceso en línea: | Texto completo |
MARC
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| 100 | 1 | |a Pettis, Michael. | |
| 245 | 1 | 0 | |a Avoiding the fall : |b China's economic restructuring / |c Michael Pettis. |
| 264 | 1 | |a Washington, D.C. : |b Carnegie Endowment for International Peace, |c [2013] | |
| 264 | 4 | |c ©2013 | |
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| 504 | |a Includes bibliographical references and index. | ||
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| 520 | |a 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. | ||
| 505 | 0 | |a Front Cover; Title Page; Copyright Information; Table of Contents; Foreword; The Limits of the Chinese Growth Model; China's Domestic Imbalances; Is Overinvestment a Problem?; Monetary Policy under Financial Repression; How Will China Rebalance?; The Mechanics of Rebalancing; How to be a China Bull; What Happens if China Revalues teh Renminbi?; Index; Back Cover. | |
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