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Avoiding the fall : China's economic restructuring

Author: Michael Pettis; Carnegie Endowment for International Peace.
Publisher: Washington, D.C. : Carnegie Endowment for International Peace, [2013]
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
"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  Read more...
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Document Type: Book
All Authors / Contributors: Michael Pettis; Carnegie Endowment for International Peace.
ISBN: 9780870034077 0870034073 9780870034060 0870034065
OCLC Number: 833630638
Description: viii, 159 pages ; 23 cm
Contents: 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.
Responsibility: Michael Pettis.

Abstract:

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  Read more...

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"A fascinating and provocative read for anyone interested in China's economy." --J.C. de Swaan, Lecturer in Economics, Princeton University, and Principal, Cornwall Capital "Insightful and Read more...

 
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