Animal Spirits with Chinese Characteristics: Investment Booms and Busts in the World’s Emerging Economic Giant - Hardcover

DeWeaver, M.

Hardcover

ISBN 10: 0230115691 ISBN 13: 9780230115699

Publisher: Palgrave Macmillan, 2012

Synopsis

Animal Spirits with Chinese Characteristics Will China eventually be able to eliminate its socialist animal spirits? Highlighting the importance of China's investment booms and busts for both the Chinese and the world economy, Animal Spirits with Chinese Characteristics describes the origins and evolution of the investment cycle during the command economy period.

About this title

Review:

"If you want to understand China's economy, or the political system that's attached to it, you should read this book. DeWeaver's account of the business cycle as it operates in that country's system of state capitalism will be extremely useful to academic economists, policymakers, investors, and anyone else who wants to understand how the world's second-largest economy really works in detail. The book's focus on inefficiencies, and on the political aspects of the process that produces policy, make it invaluable both as a guide to the country's present economic system, and a warning about its future. The author's scholarship is profound the book draws extensively on information unavailable in English but his practical experience in the Chinese business world gives the discussion a realism and depth that are very unusual in Western accounts of modern China, and his dry wit makes reading it a pleasure." -

Daniel Cloud, author of The Lily: Evolution, Play, and the Power of a Free Society

Book Description:

Focuses on the importance of China's investment booms and busts and their effects on the world economy

About this edition

• Publisher: Palgrave Macmillan
• Publication date: 2012
• ISBN 10: 0230115691
• ISBN 13: 9780230115699
• Binding: Hardcover
• Number of pages: 243