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Aggregate Behaviour of Investment in China, 1953-96: An Analysis of Investment Hunger and Fluctuation
Contributor(s): Sun, Laixiang (Author)
ISBN: 0333948092     ISBN-13: 9780333948095
Publisher: Palgrave MacMillan
OUR PRICE:   $104.49  
Product Type: Hardcover - Other Formats
Published: August 2001
Qty:
Additional Information
BISAC Categories:
- Business & Economics | Investments & Securities - General
- Political Science | Public Policy - Economic Policy
- Business & Economics | Development - Economic Development
Dewey: 332.609
LCCN: 2001021626
Series: Institute of Social Studies
Physical Information: 0.98" H x 5.58" W x 8.74" (1.25 lbs) 308 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
In China, aggregate investment levels have been high and the cycles of investment growth rate have been remarkable. In order to reveal the mechanisms which drive investment hunger and cycles, this book develops an integrated growth cycle framework which integrates the standard theory of socialist economies, the distributive barrier constrained growth theory of developing economies, and the technical progresses in the western business cycle theory. It also analyzes the evolutionary dynamics of China's state investment system and the policy trade-off between industrial expansion and agricultural development.