The Chinese Macroeconomy and Financial System: A U.S. Perspective
| Author | : | |
| Rating | : | 4.75 (832 Votes) |
| Asin | : | 076564391X |
| Format Type | : | paperback |
| Number of Pages | : | 312 Pages |
| Publish Date | : | 2014-10-17 |
| Language | : | English |
DESCRIPTION:
Professor Ron Schramm is PhD Program Director of the International Business School of Suzhou (IBSS) at Xian Jiao Tong Liverpool University (XJTLU, China). He is the Area Editor in Finance for the International Journal of Emerging Markets and was a faculty member for over 25 years at the Columbia Business School, Columbia University in New York City. He was a Fulbright Scholar at UIBE in Beijing and has taught at 5 different universities in China.
economies, framed by macro fundamentals, convey clear understandings of the common forces shaping both, and China’s condition that will surprise many. From opening passages that tether China to macro-economic fundamentals, trustworthy measures, and trade flow sums that add up, through policy choices and their consequences, this book’s rigor and evidence paints China’s economy vividly, backed by substantive case studies, charts, footnotes and recent references. To this day, I credit him as being the single-best "teacher" I have ever had – in business or in academia – and someone blessed with the rare ability to express complex ideas in simple language. In my view this book’s subtitle understates its exceptional contri
economy.eResources including chapter questions with solutions and lecture slides will be available on this webpage.. This new textbook on the Chinese economy clearly presents all that the world's second largest economy has accomplished, as well as what work remains to be done. Utilising case studies throughout, the book uses not only the traditional macroeconomics tools in explaining the Chinese economy, but also takes a novel approach by assessing China as a company. Through employment of models from finance, such as cash flows and valuations, the text is able to dig deeper into understanding the fundamental characteristics of the Chinese economy. As economic development in China for the last 30 years has been mostly "top down," this text focuses on the macroeconomic and monetary sides of the economy. The book also presen
A Great Way to Move Up The Learning Curve for the World's Second Largest Economy: China KEY POINTS• Required reading for anyone who wants to understand the present and future paths of the world’s two largest economies: China and the United States.• The Only Up-to-Date Approach That Explores the Chinese Economy and Financial System in Depth.• Unique use of Tools and Techniques from Finance, Accounting and Macroeconomics that shed new light on China and potentially all Emerging Economies.• First Book that Compares and Contrasts China and the United States in all major macroeconomic and financial dime. Essential reading on China's economy At a time when the global economy looks to China, a significant force on the macroeconomic stage, for insights into the quality and direction of its economic growth, through this engaging text, I gained significant insight into the key forces driving China's economy. Dr. Schramm leads the reader through China's historic and recent monetary and fiscal policies and their potential ramifications, with numerous learnings derived from U.S. case study as a comparative foundation. As a former student of Dr. Schramm at Columbia Business School,