Business, Finance & Law      Economics

Research on Optimal Consumption Rate and Steady Economic Growth in China

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Book Details
Language
English
Publishers
Peter Lang; New edition (20 Mar. 2024)
Weight
0.78 KG
Publication Date
20/03/2024
ISBN-10
143319791X
Pages
466 pages
ISBN-13
9781433197918
Dimensions
15.24 x 3.15 x 22.86 cm
SKU
9781433197918
Author Name
Zhao Xincheng (Author)
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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.

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