Avoiding the Fall

Avoiding the Fall

Michael Pettis

16,14 €
IVA incluido
Disponible
Editorial:
Carnegie Endowment For International Peace
Año de edición:
2014
ISBN:
9780870034077
16,14 €
IVA incluido
Disponible

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Sobre IBD

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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