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Avoiding the Fall
Language
English
English
Book
Paperback
The days of rapid economic growth in China are over. Mounting debt and rising internal distortions m...
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Libristo code: 02617734
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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.
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About the book
Full name
Avoiding the Fall
Author
Michael Pettis
Language
English
English
Binding
Book - Paperback
Date of issue
2013
Number of pages
172
EAN
9780870034077
ISBN
0870034073
Libristo code
02617734
Publishers
Brookings Institution
Weight
281
Dimensions
152 x 229 x 9
Categories
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