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portada Financial Repression and Economic Reform in China
Type
Physical Book
Publisher
Year
1994
Language
English
Pages
208
Format
Hardcover
ISBN
0275948013
ISBN13
9780275948016
Categories

Financial Repression and Economic Reform in China

Kui Wai Li (Author) · Praeger · Hardcover

Financial Repression and Economic Reform in China - Kui Wai Li

New Book Imported to Austria
Delivery: 28 Aug - 02 Sep Shipping: 4 to 5 business days.
136,52 €
Import costs and 10% VAT included in the price ✅
136,52 €

Synopsis "Financial Repression and Economic Reform in China "

The People's Republic of China has completed the first decade of economic reform with remarkable achievements. At the same time, it is encountering severe economic problems in runaway inflation, crippling shortages, and large trade imbalances. This work uses a macroeconomic framework of development and financial repression theories to examine the PRC's performance. Improvements in the PRC's financial productivity, according to the author, can be achieved if Chinese leaders either (1) relax the real interest rate ceiling to discourage unproductive investment and free financial resources or (2) hasten the development of the equity market.

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