and investment high. It finds that the low cost of capital has been quantitatively an important factor. Theory predicts … rebalance growth towards relying more on consumption and less on exports and investment, banking sector reforms and financial …

Intro -- Contents -- I. INTRODUCTION -- II. CONSUMPTION, INVESTMENT, AND SAVINGS IN CHINA -- III. THE CHINESE ECONOMY …. INTRODUCING INVESTMENT WEDGE -- VII. FINANCIAL FRICTIONS AS INVESTMENT WEDGES -- VIII. CONCLUSIONS -- REFERENCES. …

and investment high. It finds that the low cost of capital has been quantitatively an important factor. Theory predicts … China is to rebalance growth towards relying more on consumption and less on exports and investment, banking sector reforms …

and investment high. It finds that the low cost of capital has been quantitatively an important factor. Theory predicts … rebalance growth towards relying more on consumption and less on exports and investment, banking sector reforms and financial …

and investment high. This paper looks into the role played by the financial sector in the growth process of China and …

stands to gain from this decision. For our analysis, we consider the case of China’s trade, and investment relation in the … largely explained through elements of complementarities in trading and investment relationship. …