La part du lion: les dessous du ralentissement économique chinois

Guilhem Fabre

Revue Tiers-Monde, 2014, vol. n° 219, issue 3, 39-58

Abstract: Following the global crisis, the stimulus package of 2009-2010, with its huge expansion of credit, marked the end of « Cheap China », with the underpricing of labor, capital, land, energy and currency, and disproportionally shifted growth in favor of the public sector and real estate, the lion?s share of the State-Party system. The present process of deleveraging must address the unprecedented inequities which derive from the bias in allocation of resources and the respective functions of the central and local governments.

Keywords: China; economy; slowdown; leverage; inequalities (search for similar items in EconPapers)
Date: 2014
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