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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| Format: | Journal article |
| Idioma: | English |
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Blackwell Publishing
2011
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