In the winter of 1933, the American financial and economic system collapsed. Since then economists, policy makers and financial analysts throughout the world have been haunted by the question of whether "It" can happen again. In 2008 "It" very nearly happened again as banks and …
1. Introduction -- 2. Measuring and accounting for the output of a nation : GDP -- 3. China and the United States and the balance of payments -- 4. Long-run economic growth -- 5. Consumption and savings in China and the United States -- 6. China's path of investment -- 7. Moneta…
This new textbook on the Chinese economy clearly presents all that the world's second largest economy has accomplished, as well as what work remains to be done. As economic development in China for the last 30 years has been mostly ""top down, "" this text focuses on the macroec…
This new textbook on the Chinese economy clearly presents all that the world's second largest economy has accomplished, as well as what work remains to be done. As economic development in China for the last 30 years has been mostly "top down," this text focuses on the macroecono…
"Since the 2008 Global Financial Crisis, tensions between China and the US have risen sharply. The rhetoric on both sides has escalated since the launch of Donald Trump's Trade War and, even with Joe Biden's election, it does not appear that there will be any substantial change …