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SUSTAINING CHINA'S ECONOMIC GROWTH: AFTER THE GLOBAL By Nicholas R. Lardy *NEW*
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eBay item number:186444484801
Item specifics
- Condition
- ISBN-10
- 0881326267
- Book Title
- Sustaining China's Economic Growth: After the Global Financial
- Genre
- BUSINESS & ECONOMICS
- ISBN
- 9780881326260
- Subject Area
- Business & Economics, Political Science
- Publication Name
- Sustaining China's Economic Growth : after the Global Financial Crisis
- Item Length
- 0.9 in
- Publisher
- Peterson Institute for International Economics
- Subject
- Political Economy, Economic Conditions, Development / Economic Development, Public Policy / Economic Policy, Forecasting, World / Asian
- Publication Year
- 2011
- Type
- Textbook
- Format
- Trade Paperback
- Language
- English
- Item Height
- 0 in
- Item Width
- 0.6 in
- Item Weight
- 10.7 Oz
- Number of Pages
- 193 Pages
About this product
Product Information
The global financial crisis and ensuing economic downturn has raised many questions concerning the future of global economic growth. Prior to the financial crisis, global growth was characterized by growing imbalances, reflected primarily in large trade surpluses in China, Japan, Germany, and the oil exporting countries and rapidly growing deficits, primarily in the United States. The global crisis raises the question of whether the previous growth model of low consumption, high saving countries such as China is obsolete. Although a strong and rapid policy response beginning in the early fall of 2008 made China the first globally significant economy to come off the bottom and begin to grow more rapidly, critics charged that China's recovery was based on the old growth model, relying primarily on burgeoning investment in the short run and the expectation of a revival of expanding net exports once global recovery gained traction. Critics, however, argued that as government-financed investment inevitably tapered off, the likelihood was that global recovery would not be sufficiently strong for China's exports to resume their former role as a major contributor to China's economic expansion. The prospect, in the eyes of these critics, is that China's growth will inevitably falter. This study examines China's response to the global crisis, the prospects for altering the model of economic growth that dominated the first decade of this century, and the implications for the United States and the global economy of successful Chinese rebalancing. On the first it analyzes the strengths and weaknesses of China's stimulus program. On the second it analyzes the nature of origins of the imbalances in China's economy and the array of policy options that the government has to transition to more consumption-driven growth. On the third successful rebalancing would mean that more rapid growth of consumption would offset the drag on growth from a shrinkage of China's external surplus. Successful rebalancing would mean China would no longer be a source of financing for any ongoing US external deficit. From a global perspective China would no longer be a source of the global economic imbalances that contributed to the recent global financial crisis and great recession.
Product Identifiers
Publisher
Peterson Institute for International Economics
ISBN-10
0881326267
ISBN-13
9780881326260
eBay Product ID (ePID)
109079544
Product Key Features
Publication Name
Sustaining China's Economic Growth : after the Global Financial Crisis
Format
Trade Paperback
Language
English
Subject
Political Economy, Economic Conditions, Development / Economic Development, Public Policy / Economic Policy, Forecasting, World / Asian
Publication Year
2011
Type
Textbook
Subject Area
Business & Economics, Political Science
Number of Pages
193 Pages
Dimensions
Item Length
0.9 in
Item Height
0 in
Item Width
0.6 in
Item Weight
10.7 Oz
Additional Product Features
LCCN
2011-030066
Intended Audience
Scholarly & Professional
Lc Classification Number
Hc427.95.S862 2011
Grade from
College Graduate Student
Reviews
There is no better place to find a compact overview of recent developments in China, through mid-2008, both with respect to economic developments and with respect to China's foreign and national security policy., ...designed to clarify contemporary China and advise how U.S. 'engagement' with China may best move ahead. There's lots here, but clearly presented, with a great chronology.
Copyright Date
2011
Illustrated
Yes
Item description from the seller
Seller assumes all responsibility for this listing.
eBay item number:186444484801
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Description of item was very accurate. Price and shipping costs were reasonable. Book was minimally packaged but arrived promptly in very good condition . Communication is clear and prompt. Would buy from this seller again.
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Description of item was very accurate. Price and shipping costs were reasonable. Items were well packaged. and arrived promptly in good condition. Communication is clear and prompt. Would buy from this seller again.
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Fantastic seller to deal with. Kept me informed and were super helpful and friendly. Provided tracking information so I could see where my order was and when to expect delivery. Considering that it had to come from the States, it arrived here in the UK very quickly. Very well packaged and exactly as described, Iām delighted with my dvd. Thank you so very much for your 5* service š
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