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Stable and Sustainable Growth of a Large Open Economy: An Empirical Study of China
Hardcover
ISBN13: 9783034356077
Publisher: Peter Lang Inc., International Academic Publi
Published: Jan 12 2026
Pages: 306
Weight: 1.27
Height: 0.75 Width: 6.00 Depth: 9.00
Language: English
This book analyzes the basic theories of new open economy macroeconomics, economic growth and policy choices in openness. It discusses the economic distortions in international capital flows and the mechanism through which shocks are amplified to affect macroeconomic stability, and the international correlation of China's economic cycle. In addition, it highlights the macroeconomic impact of government expenditure on improving people's well-being and the essential role of public goods and services provision. Finally, it investigates optimal wealth distribution and the corresponding social welfare function, offering valuable theoretical and practical contributions to the study of openness and macroeconomic stability.
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