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Inflation and Investment Controls in China

By: Ann Arbor) Huang Yasheng (University of Michigan (Author)

1 in stock

Ksh 7,200.00

Format: Paperback or Softback

ISBN-13: 9780521665735

Publisher: Cambridge University Press

Publication Date: Nov 13th, 1999

Weight: 535 grams

Dimension: 22.90 x 15.40 x 2.20 cms

Category: Monetary economics

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How has the Chinese central government been able to avoid the crippling hyperinflation that has bedeviled so many developing and centrally planned economies? Focusing on central-local relations, Yasheng Huang explains why local Chinese officials comply, even against their own economic interests, with the inflation-control policies of the central government.

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