Avoiding the fall: China's economic restructuring

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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 househol…

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Title Statements

Full title :Avoiding the fall : China's economic restructuring / Michael Pettis.

Summary

Edition Statements

Publication Date:2013

Publication Statements

Publisher(s):Carnegie Endowment for International Peace
Place of Publication:Washington, D.C
Language:eng
Publication Date:2013

The Physical Object

Description:viii, 159 pages ; : 23 cm

Edition Identifiers

ISBN:9780870034077, 0870034073, 9780870034060, 0870034065
oclc:ocn833630638
LC Classification:HC427.95
Dewey Decimal:330.951

The limits of the Chinese growth model -- China's domestic imbalances -- Is overinvestment a problem? -- Monetary policy under financial repression -- How will China rebalance? -- The mechanics of rebalancing -- How to be a China bull.

Subjects

China China -- Economic conditions -- 2000- China -- Economic policy -- 2000- Chine -- Conditions économiques -- 2000- Chine -- Politique économique -- 2000- Economic history Economic policy Ekonomisk politik Kina -- 2000-talet Since 2000 Wirtschaftspolitik Wirtschaftsreform