Global financial crisis and challenges for China

By:

Mu, Yang

Material type: Text

TextPublication details: 2012 World Scientific New JerseyDescription: vii, 133 pISBN:

9789814282277

Subject(s):

DDC classification:

330.951 M8G5

Summary: The book analyzes the nature of Chinese economy which enables it to go through the financial tsunami pretty unscathed. It discusses the stimulus package designed by the Chinese government to keep the economy on course, as well as its results both positive and negative aspects in the middle and long term.The 2008-09 financial crisis makes it very clear that we need a two-pronged approach to deal with the situation, namely governments need a) to take quick and decisive actions to stem any further deterioration in financial systems; b) to revamp their economies by refitting existing engines in the real economy. China, as the third largest economy in the world, and with its robust domestic consumption and a healthy financial system, is one of the most important drivers to pull the world out of recession. (http://www.worldscientific.com/worldscibooks/10.1142/7419)

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Holdings
Item type	Current library	Call number	Status	Date due	Barcode	Item holds
Book	Ahmedabad	330.951 M8G5 (Browse shelf(Opens below))	Available		176893

Total holds: 0

The book analyzes the nature of Chinese economy which enables it to go through the financial tsunami pretty unscathed. It discusses the stimulus package designed by the Chinese government to keep the economy on course, as well as its results both positive and negative aspects in the middle and long term.The 2008-09 financial crisis makes it very clear that we need a two-pronged approach to deal with the situation, namely governments need a) to take quick and decisive actions to stem any further deterioration in financial systems; b) to revamp their economies by refitting existing engines in the real economy. China, as the third largest economy in the world, and with its robust domestic consumption and a healthy financial system, is one of the most important drivers to pull the world out of recession. (http://www.worldscientific.com/worldscibooks/10.1142/7419)

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