What Drives Chinas Economy (Routledge Focus on Economics and Finance),Used

What Drives Chinas Economy (Routledge Focus on Economics and Finance),Used

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The spectacular economic growth experienced by China since 1978 has often been hailed as the 'China Miracle'. Many economists have tried to understand the forces behind Chinas phenomenal growth and the explanations can be divided into two broad schools of economic thought one school of thought which includes Nobel Laureate Paul Krugman explains that market mechanism and deregulation led to Chinas success, while the other school of thought which include Justin Yifu Lin, the former Chief Economist and Senior VicePresident of the World Bank, explains that Chinas growth miracle is a unique model to itself defined by the Chinese governments prominent role. The Chinese government has been responsible in identifying and investing in industries that have contributed to economic growth. Some economists in the latter school even claim that the China Miracle cannot be explained by mainstream economics.This book examines both schools of thought and attempts to provide a synthesis of the two schools to explain the China Miracle. It looks at the SolowSwan growth model, the HarrodDomar model and transaction cost theory. It provides insights into whether and how China can sustain its growth and how developing countries may replicate Chinas success.

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We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.

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To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.

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Warranty

We provide a 2-year limited warranty, from the date of purchase for all our products.

If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.

This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).

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