Debt and Distortion

Name: Debt and Distortion
Brand: PALGRAVE MACMILLAN LTD
SKU: 9781137534002
Price: 290.28 RON
Availability: InStock

Risks and Reforms in the Chinese Financial System

Autor: Paul Armstrong-Taylor

Limbă:

Legare: Copertă tare

Editura: PALGRAVE MACMILLAN LTD

Disponibilitate: șansă 50%

Şanse de a obține acest titlu

290.28 lei

China's unprecedented growth has§transformed the lives of its people and impacted economies across t...

Informații despre carte

Autor

Paul Armstrong-Taylor

Limbă

engleză

Legare

Carte - Copertă tare

Publicat

2016

Pagini

270

EAN

9781137534002

ISBN

1137534001

Enbook ID

02936511

Editura

PALGRAVE MACMILLAN LTD

Greutate

626

Dimensiuni

245 x 166 x 18

Descriere completă

China's unprecedented growth has§transformed the lives of its people and impacted economies across the globe. The§financial system supported this growth by providing cheap loans to boost§investment and, in a virtuous cycle, rapid growth insured that these loans§could be repaid. However, in recent years, this virtuous cycle has turned§vicious. The financial system has continued to lend freely and cheaply as the§economy has slowed, and the risk of crisis has mounted. In response, the§government has initiated the most ambitious financial reforms in twenty years. Financial§markets, businesses and governments are concerned about these risks and are§struggling to understand what the reforms will mean for China and the rest of§the world.§§Debt§and Distortion: Risks and Reforms in the Chinese Financial System addresses the need for an up-to-date and accessible, yet§comprehensive analysis of China's financial system and related reforms. It will§take a systematic look at China's financial system: how it worked in the past§and how it will work in the future; why reforms are needed; what risks they§bring; and their impact on China and the rest of the world. By analyzing the§topic in terms of a few fundamental distortions, this book makes an otherwise§complex topic accessible while simultaneously providing new insights. These§distortions provide a simple framework for understanding the nature of the§Chinese financial system and its future prospects.§§Reform in China will transform the world's§second largest economy and impact everything from Peruvian copper mines to the§London housing market. Business people, government officials, financiers and§informed citizens would all benefit from understanding how changes in China's§financial system will shape the global economy in the coming decades. §

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Debt and Distortion

Risks and Reforms in the Chinese Financial System

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