000			01805 a2200325 4500
001			1351999419
005			20250317111606.0
008			250312042017GB 222 eng
020			_a9781351999410
037			_bTaylor & Francis _cGBP 45.99 _fBB
040			_a01
041			_aeng
072	7		_aKCA _2thema
072	7		_aGTM _2thema
072	7		_aKCB _2thema
072	7		_a1FPC _2bisac
072	7		_aKCA _2bic
072	7		_aGTB _2bic
072	7		_aKCB _2bic
072	7		_a1FPC _2bisac
072	7		_aSOC008000 _2bisac
072	7		_aSOC053000 _2bisac
072	7		_a338.951 _2bisac
100	1		_aLi Jianwei
245	1	0	_aEconomic Cycle and the Growth of the Chinese Economy
250			_a1
260			_aOxford _bRoutledge _c20170316
300			_a324 p
520			_bThe 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 fluctuation of economic growth and its dynamic equilibrium are natural aspects of the growth of the economy, and it puts forward a new model of the economic cycle which confidently predicts the future trajectory of China’s economic growth.
999			_c4557 _d4557