China's guaranteed bubble : How implicit government support has propelled China's economy while creating systemic risk. Foreword by Robert Shiller

Zhu, Ning

Verlag: New York: McGraw-Hill Education, 2016

Beschreibung

near fine dust-jacket, cover price $50.00, fresh attractive whtie hardcover, very good. INSCRIBED in black marker on front endpaper: To Professor Summers with warm regards, and SIGNED Ning Zhu. ZHU, NING. China's guaranteed bubble : How implicit government support has propelled China's economy while creating systemic risk. Foreword by Robert Shiller. New York: McGraw-Hill Education, 2016, x, 322pp., . In recent years, the Chinese economy has been fueled by the implicit guarantee of major banks and local governments by the nation s central government. The resultant bubble has led to the emergence of a large shadow banking industry that poses major risks to China s real estate market, speculative stock investments, state-owned enterprises, and more. - CONTENTS: The faultless default -- Failure is an option (in China's shadow banking problem) -- Homebuyers who cannot lose -- Petition against the CSRC -- Alternative financial innovations -- Behind the growth engine : the great slowdown -- An abundance of overcapacity -- From fortune 500 to truly internationally competitive companies -- The mother of all credit : the government that never defaults -- Voodoo statistics -- Guaranteed to fail? international lessons on implicit guarantees -- When the tide goes out : how to reform. ISBN 9781259644580. Bestandsnummer des Verkäufers 95863

Bibliografische Details

Titel: China's guaranteed bubble : How implicit ...

Verlag: New York: McGraw-Hill Education, 2016

Einband: Hardcover

Zustand des Schutzumschlags: Schutzumschlag

Signiert: Signatur des Verfassers