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Yasheng Huang - Inflation and Investment Controls in China: The Political Economy of Central-Local Relations during the Reform Era - 9780521665735 - V9780521665735
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Inflation and Investment Controls in China: The Political Economy of Central-Local Relations during the Reform Era

€ 39.45
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Description for Inflation and Investment Controls in China: The Political Economy of Central-Local Relations during the Reform Era Paperback. A political-economic analysis of how China has been able to avoid hyperinflation while maintaining high annual growth rates. Num Pages: 396 pages, 12 b/w illus. 41 tables. BIC Classification: KCBM; KCP. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 228 x 152 x 22. Weight in Grams: 535.
How has the Chinese central government been able to avoid the crippling hyperinflation that has bedeviled so many developing and centrally planned economies? China's unique, de facto federalism, Huang argues - a combination of economic and fiscal decentralization and strong political centralization - has spurred economic growth and allowed political institutions to impose restraints on inflation from the top down. Focusing on central-local relations and the controlling role of political institutions, Yasheng Huang explains why local Chinese officials comply, even against their own economic interests, with the investment-reduction and inflation-control policies of the central government. Drawing upon institutional economics, he ... Read more

Product Details

Format
Paperback
Publication date
1999
Publisher
Cambridge University Press United Kingdom
Number of pages
396
Condition
New
Number of Pages
396
Place of Publication
Cambridge, United Kingdom
ISBN
9780521665735
SKU
V9780521665735
Shipping Time
Usually ships in 4 to 8 working days
Ref
99-1

Reviews for Inflation and Investment Controls in China: The Political Economy of Central-Local Relations during the Reform Era
This new book by Yasheng Huang is, in my view, one of the most significant studies to have appeared in many years and among other services it underlines, once again, that much of the most illuminating work on the East Asian economies is being done not by economists, but by political scientists, sociologists, historians, and others.' Christopher Howe, The Journal ... Read more

Goodreads reviews for Inflation and Investment Controls in China: The Political Economy of Central-Local Relations during the Reform Era


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