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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Détails bibliographiques
Auteurs principaux: Knight, J, Wang, W
Format: Journal article
Langue:English
Publié: Blackwell Publishing 2011

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