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Stable and Sustainable Growth of a Large Open Economy
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Stable and Sustainable Growth of a Large Open Economy : An Empirical Study of China

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by Xiaojin Zhang

Book Details

Format Hardback or Cased Book
ISBN-10 3034356072
ISBN-13 9783034356077
Edition New
Publisher Peter Lang AG, Internationaler Verlag der Wissenschaften
Imprint Peter Lang AG, Internationaler Verlag der Wissensc
Country of Manufacture GB
Country of Publication GB
Publication Date Jan 12th, 2026
Print length 282 Pages
Weight 522 grams
Product Classification: MacroeconomicsInternational economicsEconomic & financial crises & disastersEconomic and financial crises and disastersFinanceFinance and the finance industryBusiness & the environment, ‘Green’ approaches to businessBusiness and the environment; sustainable approaches to business
Ksh 12,600.00
Manufactured on Demand 0 in stock

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This book examines open economy macroeconomics, growth, and policy choices, analyzing distortions in capital flows, shocks to stability, and China's economic cycle correlations. It highlights the macro impact of government spending on livelihoods, public goods, wealth distribution, and social welfare, offering insights into openness and stability.

This book analyzes the basic theories of new open economy macroeconomics, economic growth and policy choices in openness. It discusses the economic distortions in international capital flows and the mechanism through which shocks are amplified to affect macroeconomic stability, and the international correlation of China’s economic cycle. In addition, it highlights the macroeconomic impact of government expenditure on improving people’s well-being and the essential role of public goods and services provision. Finally, it investigates optimal wealth distribution and the corresponding social welfare function, offering valuable theoretical and practical contributions to the study of openness and macroeconomic stability.

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