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The Economic Cycle and the Growth of the Chinese Economy

The Economic Cycle and the Growth of the Chinese Economy

Hardcover

Series: Routledge Studies on the Chinese Economy

EconomicsGeneral Racism & Ethnic StudiesGeneral Sociology

ISBN10: 1138242918
ISBN13: 9781138242913
Publisher: Routledge
Published: Mar 13 2017
Pages: 324
Weight: 1.39
Height: 0.75 Width: 6.14 Depth: 9.21
Language: English
The nature of the economic cycle has been a long-standing problem for economists. Key questions include: What are the causes of the economic cycle? Are the causes endogenous or exogenous? and Why is the economic cycle irregular? This book explores the theory of the economic cycle in relation to economic growth in China. The book concludes that the cause of the economic cycle is endogenous, that the periodic fluctuation of economic growth and its dynamic equilibrium are natural aspects of the growth of the economy, and it puts forward a new model of the economic cycle which confidently predicts the future trajectory of China's economic growth.

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Jianwei, Li

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General Racism & Ethnic Studies