The Lion’s Share. What’s behind China’s economic slowdown

Working papers series FMSH

Guilhem Fabre (2013), The Lion’s Share. What’s behind China’s economic slowdown N°53 | octobre

Following the global crisis, the stimulus package of 2009-2010, with its huge expansion of credit, marked the end of ” Cheap China “, with the underpricing of labor, capital, land, energy and currency, and disproportionally shifted growth in favor of the public sector and real estate, the lion’s share of the State-Party system. The present process of deleveraging must adress the unprecedented inequities which stem from distortions in the allocations of resources and the respective functions of the central and local governments.

Full text of the article available in ont the French openarchive HAL-EHESS



Cite this blog post
Jacqueline Nivard (2013, October 23). The Lion’s Share. What’s behind China’s economic slowdown. URBACHINA. Retrieved April 20, 2024, from https://doi.org/10.58079/v2l7

Jacqueline Nivard

Jacqueline Nivard, Centre d'études sur la Chine moderne et contemporaine

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