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Avoiding the Fall

Language EnglishEnglish
Book Paperback
Book Avoiding the Fall Michael Pettis
Libristo code: 02617734
Publishers Brookings Institution, September 2013
The days of rapid economic growth in China are over. Mounting debt and rising internal distortions m... Full description
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16.05 €
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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 household income and reduce its reliance on investment to avoid a fall.

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About the book

Full name Avoiding the Fall
Language English
Binding Book - Paperback
Date of issue 2013
Number of pages 172
EAN 9780870034077
ISBN 0870034073
Libristo code 02617734
Weight 281
Dimensions 152 x 229 x 9
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