Animal Spirits with Chinese Characteristics is the first detailed account of the investment booms and busts that drive China's business cycles. This exciting new volume looks first at the causes of these fluctuations, then examines the central government's countercyclical policy…
"Will China eventually be able to eliminate its socialist animal spirits? This is an important prerequisite to achieving its long-sought transition from extensive to intensive growth. Such a transformation would clearly require removing much of the economic power now enjoyed by …
Animal Spirits with Chinese Characteristics is the first detailed account of the investment booms and busts that drive China's business cycles. The book looks first at the causes of these fluctuations, then examines the central government's countercyclical policy responses. The …
"Will China eventually be able to eliminate its socialist animal spirits? This is an important prerequisite to achieving its long-sought transition from extensive to intensive growth. Such a transformation would clearly require removing much of the economic power now enjoyed by …
"Will China eventually be able to eliminate its socialist animal spirits? This is an important prerequisite to achieving its long-sought transition from extensive to intensive growth. Such a transformation would clearly require removing much of the economic power now enjoyed by …