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Michael Pettis 作者

Carnegie Endowment for International Peace

译者

2013-9-16 出版日期

172 页数

USD 19.95 价格

Paperback

丛书系列

9780870034077 图书编码

Avoiding the Fall 在线电子书图书标签: 经济金融中国中国经济 Michael pettis 财经经济学

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发表于2024-12-28

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Avoiding the Fall 在线电子书 epub 下载 mobi 下载 pdf 下载 txt 下载 2024

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artificially inflated corporate profits, suppressed consumer spending, capital flight, governments promoting the interests of elites at the expense of average worker-consumers...

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Ironically读完这本书感觉是这个fall是unavoidable...查了下数据固定资产占比GDP到去年都没低过40percent 消费没超过过40...今年这个情况肯定又是大笔放债保守消费了吧~the lost decades seems to be coming soon huh~

Avoiding the Fall 在线电子书著者简介

Michael Pettis is a senior associate in the Carnegie Asia Program, based in Beijing. An expert on China's economy, Pettis is professor of finance at Peking University's Guanghua School of Management, where he specializes in Chinese financial markets. He is a member of the Institute of Latin American Studies Advisory Board at Columbia University as well as the Dean's Advisory Board at the School of Public and International Affairs. He is the author of several books, including The Volatility Machine: Emerging Economies and the Threat of Financial Collapse (Oxford University Press, 2001).

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Avoiding the Fall 在线电子书图书描述

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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