Articoli correlati a How China Grows: Investment, Finance, and Reform

How China Grows: Investment, Finance, and Reform - Brossura

Riedel, James; Jin, Jing; Gao, Jian

 
9780691248066: How China Grows: Investment, Finance, and Reform
Brossura
ISBN 10: 0691248060 ISBN 13: 9780691248066
Casa editrice: Princeton Univ Pr, 2023

Sinossi

Why investment and financial reform are essential to China's continued economic well-being

Although China's economy has grown spectacularly over the last twenty-five years, economists disagree about how the Chinese economy is likely to fare in the short- and long-term future. Is China's growth sustainable, or has China relied too much on investment, which is subject to diminishing returns, and not enough on technological change? The first book on the relation between investment, finance, and growth in China, How China Grows dismisses this concern. James Riedel, Jing Jin, and Jian Gao argue that investment has not only been the engine of growth, but also the main source of technological progress and structural change in China.

What threatens future growth instead, the authors argue, are the weaknesses of China's financial system that undermine efficiency in investment allocation. Financial-sector reform and development are necessary, not only for sustaining long-term growth, but also for maintaining macroeconomic stability.

Although it includes some technical economic analysis, How China Grows is accessible to noneconomists and will benefit anyone who is interested in development finance in general and in China's economic growth in particular—whether economists, political scientists, bankers, or business people.

Le informazioni nella sezione "Riassunto" possono far riferimento a edizioni diverse di questo titolo.

Informazioni sull'autore

James Riedel is Professor of International Economics at Johns Hopkins University's School of Advanced International Studies. Jing Jin is Director of China Strategy for UBS AG Hong Kong, and a professor at Beijing's Central University of Finance and Economics. Jian Gao is Vice-Governor of the China Development Bank in Beijing.

Le informazioni nella sezione "Su questo libro" possono far riferimento a edizioni diverse di questo titolo.

Editore
Princeton Univ Pr
Data di pubblicazione
2023
Lingua
Inglese
ISBN 10 
0691248060
ISBN 13 
9780691248066
Rilegatura
Copertina flessibile
Numero di pagine
208
Contatto del produttore
non disponibile
Persona responsabile
non disponibile