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China's Macroeconomic Outlook - Quarterly Forecast and Analysis Report, February 2014 (Hardcover, 2015 ed.) Loot Price: R1,521
Discovery Miles 15 210
China's Macroeconomic Outlook - Quarterly Forecast and Analysis Report, February 2014 (Hardcover, 2015 ed.): Cmr of Xiamen...

China's Macroeconomic Outlook - Quarterly Forecast and Analysis Report, February 2014 (Hardcover, 2015 ed.)

Cmr of Xiamen University

Series: Current Chinese Economic Report Series

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Loot Price R1,521 Discovery Miles 15 210 | Repayment Terms: R143 pm x 12*

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This book provides key insights into how to control local government debts and optimize the makeup of debts in China. The rapid growth of investment in infrastructure on the part of local governments has offset the slowdown of investment growth in manufacturing and real estate and maintained the growth rate of 7.7% in 2013. However, local governments' debts have accumulated, which increases the risk of debt default and threatens the stability of China's financial system. The research suggests that increasing the proportion of issuing bonds in total debts would be the first step toward eliminating the debt risk. Second, the Chinese government should play its part; and lastly, the government should relinquish its administrative control and monopoly in order to allow the service industry to further develop.

General

Imprint: Springer-Verlag
Country of origin: Germany
Series: Current Chinese Economic Report Series
Release date: 2015
First published: 2015
Authors: Cmr of Xiamen University
Dimensions: 235 x 155 x 13mm (L x W x T)
Format: Hardcover - Cloth over boards
Pages: 66
Edition: 2015 ed.
ISBN-13: 978-3-662-45864-8
Categories: Books > Business & Economics > Economics > Political economy
Books > Business & Economics > Economics > Macroeconomics > General
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LSN: 3-662-45864-0
Barcode: 9783662458648

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