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The Chinese Economy - Recent Trends and Policy Issues (Hardcover, 2013 ed.)
Loot Price: R2,819
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The Chinese Economy - Recent Trends and Policy Issues (Hardcover, 2013 ed.)
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This book takes readers on a unique journey across some of the most
debated implications of the rise of the Chinese economy on the
global scene. From the analysis, suggestions emerge on how to
improve statistical tools to measure performance and to obtain more
precise macroeconomic forecasts. Moreover, it confirms the
suspicion that a governance model of firms that does not
sufficiently encourage market competition may have significant
costs in terms ofefficiency for the Chinese production system. The
analysis of demographic factors and of household savings gives
further support to calls for a serious reform effort, particularly
of the pension and health care systems, to utilize households'
savings more efficiently and equitably. Finally the analyses of
Chinese and global trade underscore the need for a less superficial
consideration of the implications of the Chinese presence in global
markets.
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