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Avoiding the Fall
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Avoiding the Fall Paperback - 2014

by Michael Pettis


From the publisher

The days of rapid economic growth in China are over. Mounting debt and rising internal distortions mean that rebalancing is inevitable. Beijing has no choice but to take significant steps to restructure its economy. The only question is how to proceed.

Michael Pettis debunks the lingering bullish expectations for China's economic rise and details Beijing's options. The urgent task of shifting toward greater domestic consumption will come with political costs, but Beijing must increase household income and reduce its reliance on investment to avoid a fall.

Details

  • Title Avoiding the Fall
  • Author Michael Pettis
  • Binding Paperback
  • Pages 172
  • Volumes 1
  • Language ENG
  • Publisher Carnegie Endowment for International Peace
  • Date 2014-09-11
  • Features Bibliography, Index, Table of Contents
  • ISBN 9780870034077 / 0870034073
  • Weight 0.62 lbs (0.28 kg)
  • Dimensions 8.97 x 6.08 x 0.37 in (22.78 x 15.44 x 0.94 cm)
  • Themes
    • Cultural Region: Asian - Chinese
    • Interdisciplinary Studies: Asian - General
  • Library of Congress subjects China - Economic policy - 2000-, China - Economic conditions - 2000-
  • Library of Congress Catalog Number 2013009506
  • Dewey Decimal Code 330.951

About the author

Michael Pettis is a senior associate in the Carnegie Asia Program. An expert on China's economy, Pettis is a professor of finance at Peking University's Guanghua School of Management, where he specializes in Chinese financial markets.

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