dynamics of investment in the transforming Chinese economy. Our analysis focuses on the period before and after the global … crisis. We interpret investment dynamics in a comparative party-state model concept framework. We point out that … network are interlinked during the transformation of the party-state. Finally, we will reveal that behind swings of investment …

level of debt is reached: (i)investment falls precipitously as it should when it becomes optimal to default, (ii) economic …-empt default and exact punitive interest rates. We find a systematic response of investment, particularly when property rights are … with concessional rates. Thus, while debt relief is likely to improve economic policy (and especially investment) in …