Debt and Distortion

Debt and Distortion
Author :
Publisher : Springer
Total Pages : 271
Release :
ISBN-10 : 9781137534019
ISBN-13 : 113753401X
Rating : 4/5 (01X Downloads)

Book Synopsis Debt and Distortion by : Paul Armstrong-Taylor

Download or read book Debt and Distortion written by Paul Armstrong-Taylor and published by Springer. This book was released on 2016-08-12 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: China’s unprecedented growth has transformed the lives of its people and impacted economies across the globe. The financial system supported this growth by providing cheap loans to boost investment and, in a virtuous cycle, rapid growth insured that these loans could be repaid. However, in recent years, this virtuous cycle has turned vicious. The financial system has continued to lend freely and cheaply as the economy has slowed, and the risk of crisis has mounted. In response, the government has initiated the most ambitious financial reforms in twenty years. Financial markets, businesses and governments are concerned about these risks and are struggling to understand what the reforms will mean for China and the rest of the world. Debt and Distortion: Risks and Reforms in the Chinese Financial System addresses the need for an up-to-date and accessible, yet comprehensive analysis of China’s financial system and related reforms. It will take a systematic look at China’s financial system: how it worked in the past and how it will work in the future; why reforms are needed; what risks they bring; and their impact on China and the rest of the world. By analyzing the topic in terms of a few fundamental distortions, this book makes an otherwise complex topic accessible while simultaneously providing new insights. These distortions provide a simple framework for understanding the nature of the Chinese financial system and its future prospects. Reform in China will transform the world’s second largest economy and impact everything from Peruvian copper mines to the London housing market. Business people, government officials, financiers and informed citizens would all benefit from understanding how changes in China’s financial system will shape the global economy in the coming decades.


Debt and Distortion Related Books

Debt and Distortion
Language: en
Pages: 271
Authors: Paul Armstrong-Taylor
Categories: Business & Economics
Type: BOOK - Published: 2016-08-12 - Publisher: Springer

GET EBOOK

China’s unprecedented growth has transformed the lives of its people and impacted economies across the globe. The financial system supported this growth by pr
The Economics of Sovereign Debt and Default
Language: en
Pages: 200
Authors: Mark Aguiar
Categories: Business & Economics
Type: BOOK - Published: 2023-09-26 - Publisher: Princeton University Press

GET EBOOK

An integrated approach to the economics of sovereign default Fiscal crises and sovereign default repeatedly threaten the stability and growth of economies aroun
Debt, the IMF, and the World Bank
Language: en
Pages: 372
Authors: Eric Toussaint
Categories: Political Science
Type: BOOK - Published: 2010-09-01 - Publisher: NYU Press

GET EBOOK

Mainstream economists tell us that developing countries will replicate the economic achievements of the rich countries if they implement the correct “free-mar
Collusion
Language: en
Pages: 456
Authors: Nomi Prins
Categories: Business & Economics
Type: BOOK - Published: 2018-05-01 - Publisher: Bold Type Books

GET EBOOK

In this searing exposéformer Wall Street insider Nomi Prins shows how the 2007-2008 financial crisis turbo-boosted the influence of central bankers and trigger
Debt Bias and Other Distortions
Language: en
Pages: 41
Authors: International Monetary Fund. Fiscal Affairs Dept.
Categories: Business & Economics
Type: BOOK - Published: 2009-12-06 - Publisher: International Monetary Fund

GET EBOOK

Tax distortions are likely to have encouraged excessive leveraging and other financial market problems evident in the crisis. These effects have been little exp