Coverart for item
The Resource Animal spirits with Chinese characteristics : investment booms and busts in the world's emerging economic giant, by Mark A. DeWeaver

Animal spirits with Chinese characteristics : investment booms and busts in the world's emerging economic giant, by Mark A. DeWeaver

Label
Animal spirits with Chinese characteristics : investment booms and busts in the world's emerging economic giant
Title
Animal spirits with Chinese characteristics
Title remainder
investment booms and busts in the world's emerging economic giant
Statement of responsibility
by Mark A. DeWeaver
Creator
Subject
Language
eng
Summary
"Will China eventually be able to eliminate its socialist animal spirits? This is an important prerequisite to achieving its long-sought transition from extensive to intensive growth. Such a transformation would clearly require removing much of the economic power now enjoyed by local governments while at the same time hardening the budget constraints of the current system's principal beneficiaries. Such changes are unlikely in the absence of political reform. This title highlights the importance of China's investment booms and busts for both the Chinese and the world economy, describes the origins and evolution of the investment cycle during the command economy period. It will show how the animal spirits of the command economy era have been transformed by the introduction of capitalist economic institutions. In order to do so, the author carefully considers the banking system, which more often than not is on the losing side of these bets, a major source of speculative flows into the stock and property markets and the counter-cyclical monetary policy. Concluding, DeWeaver analyzes the use of administrative measures to manage the economy, which still work in much the same way as they did during the command economy period. Ending an investment boom continues to be primarily a matter of introducing new policies or the more strict enforcement of existing ones. And stimulus remains mainly a matter of policy relaxation - particularly the relaxation of financial sector prudential regulation. "--Provided by publisher
Cataloging source
DLC
http://library.link/vocab/creatorDate
1962-
http://library.link/vocab/creatorName
DeWeaver, Mark A.
Illustrations
illustrations
Index
index present
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/subjectName
  • Investments
  • Business cycles
Label
Animal spirits with Chinese characteristics : investment booms and busts in the world's emerging economic giant, by Mark A. DeWeaver
Instantiates
Publication
Bibliography note
Includes bibliographical references and index
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier.
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent.
Control code
FIEb17205487
Dimensions
23 cm.
Edition
First edition.
Extent
xix, 224 pages
Isbn
9780230115699
Media category
unmediated
Media MARC source
rdamedia.
Media type code
  • n
Other physical details
illustrations
System control number
(OCoLC)793573105
Label
Animal spirits with Chinese characteristics : investment booms and busts in the world's emerging economic giant, by Mark A. DeWeaver
Publication
Bibliography note
Includes bibliographical references and index
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier.
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent.
Control code
FIEb17205487
Dimensions
23 cm.
Edition
First edition.
Extent
xix, 224 pages
Isbn
9780230115699
Media category
unmediated
Media MARC source
rdamedia.
Media type code
  • n
Other physical details
illustrations
System control number
(OCoLC)793573105

Library Locations

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      43.803074 11.283055
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