Showing 1 - 10 of 27
The policy debate has been shifting from the finance-growth nexus to the finance-inequality relationship. In the transition from Millennium Development Goals (MDGs) to Sustainable Development Goals (SDGs), there has been an urgent policy challenge of putting some structure on recent advances in...
Persistent link: https://www.econbiz.de/10011196379
China has had a remarkably high ratio of investment to output throughout the period of economic reform, surpassing … determinant of China's high rate of economic growth.  This survey paper gathers together the available evidence to explain why …
Persistent link: https://www.econbiz.de/10004982010
surveys, spanning eleven years, to answer this question with respect to labour market rewards in urban China. We conceptualize …
Persistent link: https://www.econbiz.de/10005616659
, China and South Africa, towards labour shortage and generally rising labour real incomes. In the acuteness of their rural …, and in the growth of their labour forces. Whereas China - a labour-surplus economy par excellence despite unemployment …
Persistent link: https://www.econbiz.de/10010604971
overinvest. We find that corporate investment in China has become increasingly efficient over time, which suggests that … by firms that invest more than the industry median. The free cash flow hypothesis provides a good explanation for China …
Persistent link: https://www.econbiz.de/10010610377
This paper addresses a puzzle in China’s investment pattern: despite high aggregate investment and remarkable economic …
Persistent link: https://www.econbiz.de/10010674402
This paper attempts to address a puzzle in China’s investment pattern: despite high aggregate investment and remarkable …
Persistent link: https://www.econbiz.de/10010553641
regions, we find that corporate investment in China has become increasingly efficient over time. However, based on direct … explanation for China‟s overinvestment, especially for the private sector, while in the state sector, overinvestment is …
Persistent link: https://www.econbiz.de/10010553661
The paper examines the notion of a ‘developmental state’ and shows that China possesses the characteristics of a … developmental state. It explains the political economy which generated such a state in China and in some other economies. It … the question: can China’s developmental state be sustained? Conclusions are drawn for both China and other developing …
Persistent link: https://www.econbiz.de/10010570045
A specially designed household survey for rural China is used to analyse the determinants of aspirations for income … partial ‘Hedonic Treadmill’, and can help to explain why subjective well-being in China appears not to have risen despite …
Persistent link: https://www.econbiz.de/10010576954