Setser, Brad - In: CESifo economic studies : CESifo, a joint initiative of … 52 (2006) 2, pp. 364-395
China's recent investment boom looks much like the investment boom in the Asian tigers of the 1990s. Both were marked by a surge in bank credit to the private sector, a real estate boom and questions about the quality of domestic financial intermediation. Yet, China has few of the external...
