Avoiding the Fall

von Michael Pettis

170 Seiten, Taschenbuch

Kurzbeschreibung des Verlags

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.

• Themen: Wirtschaftswissenschaft, Finanzen, Betriebswirtschaft und Management Wirtschaftswissenschaft Internationale Wirtschaft
• ISBN: 9780870034077
• Sprache: Englisch
• Erscheinungsdatum: 11.09.2014
• Größe: 229 x 152 mm
• Verlag: Carnegie Endowment For International Peace