The Evolving Role of China in the Global Economy
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China is now the worlds second largest economy and may soon overtake the United States as the worlds largest. Despite its adoption of some free-market principles, China considers itself a socialist-market economy, suggesting that the government still plays a major role in the countrys economic development. This book offers a systematic analysis of four factors in Chinas rapid economic growth: exchange rate policy, savings and investment, monetary policy and capital controls, and foreign direct investment (FDI).

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Produktbeschreibung
China is now the worlds second largest economy and may soon overtake the United States as the worlds largest. Despite its adoption of some free-market principles, China considers itself a socialist-market economy, suggesting that the government still plays a major role in the countrys economic development. This book offers a systematic analysis of four factors in Chinas rapid economic growth: exchange rate policy, savings and investment, monetary policy and capital controls, and foreign direct investment (FDI).
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Autorenporträt
Yin-Wong Cheung is Chair Professor of International Economics at the City University of Hong Kong and Professor of Economics at the University of California, Santa Cruz. Jakob de Haan is Head of Research at De Nederlandsche Bank and Professor of Political Economy at the University of Groningen