Share
China's Economy in 1998: Maintaining Growth and Staving Off the Asian Contagion
John Wong
(Author)
·
World Scientific Publishing Company
· Paperback
China's Economy in 1998: Maintaining Growth and Staving Off the Asian Contagion - Wong, John
£ 8.10
£ 9.00
You save: £ 0.90
Choose the list to add your product or create one New List
✓ Product added successfully to the Wishlist.
Go to My WishlistsIt will be shipped from our warehouse between
Tuesday, July 16 and
Thursday, July 18.
You will receive it anywhere in United Kingdom between 1 and 3 business days after shipment.
Synopsis "China's Economy in 1998: Maintaining Growth and Staving Off the Asian Contagion"
As the financial crisis swept the Asia-Pacific, China seemed to be the one economy in the region which had been left "largely unaffected" for various reasons, including its strong economic and financial fundamentals as well as its strong political will to defend the Renminbi, which had so far firmly stood the ground. However, China's economy ended 1998 with only 7.8% growth, slightly falling short of its officially pledged target of 8%. Though China in 1998 was still rated as the best-performing economy in the region, its economic growth momentum had visibly slowed down. The Asian contagion had finally caught up with China.It is not certain if the Chinese economy is entering a slower growth era though, in the short run, China can boost economic growth by expanding domestic demand. Slower economic growth for the country will have significant negative effects on its economic reform programmes and social stability.
- 0% (0)
- 0% (0)
- 0% (0)
- 0% (0)
- 0% (0)
All books in our catalog are Original.
The book is written in English.
The binding of this edition is Paperback.
✓ Producto agregado correctamente al carro, Ir a Pagar.
