China's macroeconomic imbalances: Causes and consequences.

In recent years, China has experienced two forms of extreme macroeconomic imbalance: an expenditure imbalance in the sense of very high investment and very low consumption, giving rise to rapid capital accumulation; and an imbalance between expenditure and production, producing external imbalance, i...

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Detalles Bibliográficos
Main Authors: Knight, J, Wang, W
Formato: Journal article
Idioma:English
Publicado: Blackwell Publishing 2011