The Economic Cycle and the Growth of the Chines, Jianwei..

Name: The Economic Cycle and the Growth of the Chines, Jianwei..
Brand: Taylor & Francis

Taylor & Francis

The Economic Cycle and the Growth of the Chinese EconomyAuthor(s): Li Jianwei\nFormat: Hardback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781138242913, 978-1138242913\nSynopsis\nThe nature of the economic cycle has been a long-standing problem for economists, given much attention by especially Malthus, Marx and Keynes. Key questions include: What are the causes of the economic cycle? Are the causes endogenous or exogenous? and Why is the economic cycle irregular? Economists views on these matters have differed, some concluding that governments can intervene effectively to stimulate economic growth, while others argue that government intervention is ineffective and even harmful. This book explores the theory of the economic cycle in relation to economic growth in China, and especially in relation to income distribution and the demand for consumer durables. The book concludes that the cause of the economic cycle is endogenous, that the periodic.