Home
Amazon
Sustaining China s Economic Growth: After the Global Financial Crisis

Sustaining China s Economic Growth: After the Global Financial Crisis (Peterson Institute for International Economics - Publication)

Product Code(SKU): 0881326267

Import from USA in Pakistan

Availability: Instock in USA ✔

Product weight: 1.00 Pounds

Our Price: 14,697 PKR

(4.4)

Important : This product will take 3 to 4 weeks to delivery at your doorstep.

Free Delivery to Pakistan

Top reviews from the USA

Ask about this product

product description:

The global financial crisis and ensuing economic downturn has raised many questions concerning the future of global economic growth. Prior to the financial crisis, global growth was characterized by growing imbalances, reflected primarily in large trade surpluses in China, Japan, Germany, and the oil exporting countries and rapidly growing deficits, primarily in the United States. The global crisis raises the question of whether the previous growth model of low consumption, high saving countries such as China is obsolete. Although a strong and rapid policy response beginning in the early fall of 2008 made China the first globally significant economy to come off the bottom and begin to grow more rapidly, critics charged that China s recovery was based on the old growth model, relying primarily on burgeoning investment in the short run and the expectation of a revival of expanding net exports once global recovery gained traction. Critics, however, argued that as government-financed investment inevitably tapered off, the likelihood was that global recovery would not be sufficiently strong for China s exports to resume their former role as a major contributor to China s economic expansion. The prospect, in the eyes of these critics, is that China s growth will inevitably falter.

This study examines China s response to the global crisis, the prospects for altering the model of economic growth that dominated the first decade of this century, and the implications for the United States and the global economy of successful Chinese rebalancing. On the first it analyzes the strengths and weaknesses of China s stimulus program. On the second it analyzes the nature of origins of the imbalances in China s economy and the array of policy options that the government has to transition to more consumption-driven growth. On the third successful rebalancing would mean that more rapid growth of consumption would offset the drag on growth from a shrinkage of China s external surplus. Successful rebalancing would mean China would no longer be a source of financing for any ongoing US external deficit. From a global perspective China would no longer be a source of the global economic imbalances that contributed to the recent global financial crisis and great recession.

"There is no question more important for the global economy than China and no closer student of Chinese economic policy than Nick Lardy. It follows that this book should be read by anyone concerned with the future of the global economy." —Lawrence H. Summers, former Director of the White House National Economic Council and Charles W. Eliot University Professor at Harvard University s Kennedy School of Government

"China does not get special dispensation from the rebalancing imperatives that all major economies face in this post-crisis era. Nick Lardy sheds considerable insight into the critical Chinese piece of this agenda—detailing the financial and currency reforms that will be required for the long-awaited transition to a pro-consumption growth dynamic. This book will undoubtedly elevate the debate over China s global economic impact."

—Stephen Roach, Yale University, Non-Executive Chairman Morgan Stanley Asia

"Nicholas Lardy is one of most respected American scholars in China because of his admirable works on the Chinese economy. His new book Sustaining China s Economic Growth after the Financial Crisis is a must-read for those who are concerned with China s growth. So far as I have seen, this book is the most comprehensive, detailed, and well-structured account of the turns and twists of the Chinese government s policy in restructuring the imbalanced economy and responding to the global financial crisis in recent years. Nicholas Lardy s defense of China s stimulus program may raise some eyebrows, but his explanation certainly will inspire more in-depth discussions." —Yu Yongding, President of the China Society of World Economics, and former member of the monetary policy committee of the Peoples Bank of China

"Nick Lardy is one of the most knowledgeable people on China s economy I know. I always take his opinions on China very seriously, and the contents of this book is no exception. I believe it is a must read for anyone interested in today s economic policies in China." —Bill Rhodes, President & CEO, William R. Rhodes Global Advisors, LLC

"Lardy s book is a masterful account of the policy reforms that China needs to put in place to rebalance its economy and sustain high growth. The book is rich in data and thoughtful analysis, making it essential reading for anyone interested in understanding China s growth prospects." —Eswar Prasad, Brookings Institution

Shoppingbag.pk's Advice

• Before ordering any product, please make sure the product technically fulfills your need and contains no illegal ingredients (e.g., wine, alcohol, pig, pork, animal-based gelatin, etc.) or contents.
• For technical support or manufacturer's warranty of the products found on shoppingbag.pk, you can contact directly with the original manufacturer or visit their website.
• We are your importer of goods from the USA, UK, China, Russia, etc., and will not provide any technical support, product warranty, or quality check.
• Our enlarged and enhanced product pictures may differ slightly from the original products. Also, read product reviews and ratings before buying.
• Since dollar rate keep fluctuating so prices are not confirmed on our website
• We take 30% advance of the total value and remaining payment done at the time of delivery.
• We are assuming you have read our terms and conditions and agreed with them.

Can't find what you're looking for?

Famous USA Brands 2025:

Customer Common Questions & Answers:

Question: You have imported quality products. What is the price of Sustaining China s Economic Growth:… in Pakistan?

Answer: The pricing of our products is determined by their weight and size. Additionally, fluctuations in the dollar exchange rate in Pakistan may result in changes to our prices. To obtain the most accurate and up-to-date pricing, please check our website or contact our sales representative before placing your order.

Question: We want 100% original and authentic Sustaining China s Economic Growth:… in Pakistan. How I will place my order on shoppingbag.pk?

Answer:

On all product pages you get two buttons to place your order

Order Now
Add to Cart

If you just want to quickly place your order just click on Order Now button and provide basic contact us detail and done otherwise you also have add to cart option so can place your order at your ease.

Question: Do you have physical shop or store of Sustaining China s Economic Growth:… in Pakistan?

Answer: No, we don't have physical store but you can place your from our office or from online.

Question: Do you ship orders all cross the Pakistan?

Answer: Yes, we ship in almost all the cities of Pakistan using famous courier & logistic services of Pakistan.

Question: How soon can I get my order?

Answer:Since we import products from USA, Canada, UK or China so it take 3 to 4 weeks. We do our best to make import process fast and smooth and try to deliver ASAP all across Pakistan.

Question: Can I place my order from outside of Pakistan?

Answer: Yes! you can do until or unless you can deposit 30% advance using one of our payment methods you can place order from anywhere of world.

Question: How I will check 100% authenticity of my product?

Answer: We always try to buy products using Amazon USA from the brands or official resellers. In case of any confusion we can share amazon or eBay order ID with you so you can check with them directly.

Question: How to verify product quality?

Answer: Since we buy your products from Amazon USA so you can read product reviews before to orders us. For your convenience, you can find the product review link on all the product pages.

Question: Do you offer returns & exchange?

Answer: We have no product exchange policy. Yes! If you get wrong product or if product not working properly, you can return it within 3 days of delivery.

Question: What is your refund policy?

Answer: In case your refund approve we try to make sure it within 7 days.

Question: What if I get wrong product?

Answer: If the product you get will be different from the one you order then we will make its 100% refund.

Question: Technical detail available on shoppingbag.pk is replacement of professional advice?

Answer: No, it's for reference only. Consult with right more technical person before to use.

Was this product Helpful?

Yes No