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to stay on a path of strong growth, paving the way for improved allocation of resources in the economy at large. There …, agricultural reform and the integration of the shadow economy into the formal sector. The financial sector also remains a challenge. …
Persistent link: https://www.econbiz.de/10009636840
Private consumption is a key component in the rebalancing of growth that China is seeking, and a challenging one. Not only for the 1.3 bn. Chinese citizens, but it could make an important contribution in addressing global imbalances. Understanding what drove the consumption share down to a mere...
Persistent link: https://www.econbiz.de/10011291913