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Více informací o knize Debt and Distortion

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• Anotace
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Anotace knihy

China's unprecedented growth has§transformed the lives of its people and impacted economies across the globe. The§financial system supported this growth by providing cheap loans to boost§investment and, in a virtuous cycle, rapid growth insured that these loans§could be repaid. However, in recent years, this virtuous cycle has turned§vicious. The financial system has continued to lend freely and cheaply as the§economy has slowed, and the risk of crisis has mounted. In response, the§government has initiated the most ambitious financial reforms in twenty years. Financial§markets, businesses and governments are concerned about these risks and are§struggling to understand what the reforms will mean for China and the rest of§the world.§§Debt§and Distortion: Risks and Reforms in the Chinese Financial System addresses the need for an up-to-date and accessible, yet§comprehensive analysis of China's financial system and related reforms. It will§take a systematic look at China's financial system: how it worked in the past§and how it will work in the future; why reforms are needed; what risks they§bring; and their impact on China and the rest of the world. By analyzing the§topic in terms of a few fundamental distortions, this book makes an otherwise§complex topic accessible while simultaneously providing new insights. These§distortions provide a simple framework for understanding the nature of the§Chinese financial system and its future prospects.§§Reform in China will transform the world's§second largest economy and impact everything from Peruvian copper mines to the§London housing market. Business people, government officials, financiers and§informed citizens would all benefit from understanding how changes in China's§financial system will shape the global economy in the coming decades. §

Parametry knihy

• Plný název: Debt and Distortion
• Podnázev: Risks and Reforms in the Chinese Financial System
• Autor: Paul Armstrong-Taylor
• Jazyk: Angličtina
• Vazba: Pevná
• Počet stran: 270
• EAN: 9781137534002
• ISBN: 1137534001
• ID: 02936511
• Nakladatelství: PALGRAVE MACMILLAN LTD
• Hmotnost: 626 g
• Rozměry: 166 × 245 × 18 mm
• Datum vydání: 24. October 2016

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