发表于2024-11-14
Animal Spirits with Chinese Characteristics 2024 pdf epub mobi 电子书
图书标签: 经济学 中国政治 eco
Animal Spirits with Chinese Characteristics is the first detailed account of the investment booms and busts that drive China's business cycles. This exciting new volume looks first at the causes of these fluctuations, then examines the central government's countercyclical policy responses. DeWeaver shows that the volatility of Chinese investment is primarily the result of perverse incentives inherited from the command-economy era. Beijing's most effective countercyclical policies therefore still take the form of ad hoc administrative interventions. Contrary to popular belief, Beijing cannot 'fine tune' the economy. It also stands little chance of transitioning to a less volatile 'mode of growth.'
Animal Spirits with Chinese Characteristics 2024 pdf epub mobi 电子书