How China Grows: Investment, Finance, and Reform (BOK)

James Riedel, Jing Jin, Jian Gao

419,00 41900
Sendes vanligvis innen 5-15 dager
Although China's economy has grown spectacularly over the last twenty-five years, economists disagree about how the Chinese economy is likely to fare in the short- and long-term future. Is China's growth sustainable, or has China relied too much on investment, which is subject to diminishing returns, and not enough on technological change? The first book on the relation between investment, finance, and growth in China, "How China Grows" dismisses this concern. James Riedel, Jing Jin, and Jian Gao argue that investment has not only been the engine of growth, but also the main source of technological progress and structural change in China. What threatens future growth instead, the authors argue, are the weaknesses of China's financial system that undermine efficiency in investment allocation. Financial-sector reform and development are necessary, not only for sustaining long-term growth, but also for maintaining macroeconomic stability. Although it includes some technical economic analysis, "How China Grows" is accessible to noneconomists and will benefit anyone who is interested in development finance in general and in China's economic growth in particular - whether economists, political scientists, bankers, or business people.

Produktfakta

Språk Engelsk Engelsk Innbinding Innbundet
Utgitt 2007 Forfatter James Riedel, Jian Gao, Jing Jin
Forlag
University Press Group Ltd
ISBN 9780691125626
Antall sider 224 Dimensjoner 14cm x 21,6cm x 2cm
Vekt 399 gram Leverandør Bertram Trading Ltd
Emner og form Investment & securities, Development economics & emerging economies