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Finance and the Real Economy (Routledge Studies on the Chinese Economy) free ebook download

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Sociology

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Author(s):	Peter Nolan

Date:	2021	Format:	epub	Language:	English	ISBN/ASIN:	0367474255
Pages:	170	OCR:		Quality:		ISBN13:
Uploader:	risotor	Upload Date:	7/30/2023 9:02:22 AM

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The different approach taken by China and the West towards finance and the real economy rests upon philosophical foundations that have diverged fundamentally since the Ancient World. Since the Asian Financial Crisis in 199798 a tremendous transformation has taken place in the financial systems in both China and the West. China has persisted steadily with reform of its financial system but it remains heavily protected from international competition. In the West regulatory structures have been progressively dismantled, permitting an unprecedented secular expansion of asset prices and debt relative to GDP. The structure crashed to the ground with the collapse of asset prices in 200809. In the decade since the GFC asset prices and debt in the West have rebounded. The Wests financial system stands on a knife- edge. In 2018 China announced the intention to accelerate the opening up of the countrys capital markets. The way in which the Chinese and the Wests financial system interact constitutes a central issue in global political economy in the years ahead.
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3188570	Book	https://rapidgator.net/file/449409aad292...		0.00	risotor

Tags: Chinese Economy Economy Finance Real Routledge Studies

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Finance and the Real Economy (Routledge Studies on the Chinese Economy) free ebook download

Category: Sociology

Description: Click to see full description

Category:
Sociology