Avoiding the Fall China's Economic Restructuring

Name: Avoiding the Fall China's Economic Restructuring
Price: 16.32 USD
Availability: InStock
ISBN: 9780870034077

ISBN-10: 0870034073

ISBN-13: 9780870034077

Edition: 2013

Authors: Michael Pettis

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Description:

It is increasingly accepted that China's growth model, which served it very well in the 1980s and 90s, reached its useful limit during the past decade. As a result, although China continued to post spectacular GDP growth numbers, this growth came with a cost unsustainable imbalances and even faster growth in debt. With China's new generation of leaders formally taking power in early 2013, it clearly must restructure its development model to achieve a very different kind of growth. A Chinese rebalancing is inevitable and the most interesting question is how it will occur.In Restructuring the Chinese Economy, Michael Pettis outlines six paths that China can follow the only logical paths…

Book details

Copyright year: 2013
Publisher: Brookings Institution Press
Publication date: 9/24/2013
Binding: Paperback
Pages: 172
Size: 6.00" wide x 8.75" long x 0.50" tall
Weight: 0.638
Language: English



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


Appendix: What Happens if China Revalues the Renminbi?


Index


About the Author


Carnegie Endowment for International Peace