Research on optimal consumption rate and steady economic growth in china
Auteur :
Xincheng, Zhao
Éditeur :
Peter Lang Publishing Inc
ISBN :
9781433197918
Date de publication :
20 mars 2024
Poids :
722 g
Langue :
Anglais
Pays d'origine :
USA
China’s economy has maintained a high annual growth rate of 9.72%, since the Reform and Opening up. Contrary to the high economic growth and improved stability, consumption has declined year by year. This book analyzes whether there is an optimal consumption rate under which the economy can achieve long-term stable growth.