Is the Chinese Economy a Miracle or a Bubble?

Lawrence Juen–y Lau

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English

The Chinese University Press
29 October 2024

Monetary economics; Economic growth; Development economics; Economic systems & structures

This book presents a collection of articles by Professor Lawrence Juen-yee Lau from 1994 to 2018, discussing Chinese economic development over the past decades. With empirical findings, the author evaluates the relative importance of different sources of growth for the Chinese economy and scrutinizes the strategy of reform and development at various stages. Based on a comprehensive account of China's macroeconomy, the author addresses the question of whether Chinese economic growth is an extraordinary ""miracle"" or an implausible economic ""bubble.""

By: Lawrence Juen–y Lau
Imprint: The Chinese University Press
Country of Publication: Hong Kong
Dimensions: Height: 229mm, Width: 152mm, Spine: 15mm
Weight: 666g
ISBN: 9789882370951
ISBN 10: 9882370950
Pages: 480
Publication Date: 29 October 2024
Audience: Professional and scholarly , Undergraduate
Format: Hardback
Publisher's Status: Active

Lawrence Juen-yee Lau is Ralph and Claire Landau Professor of Economics, and former Vice-Chancellor of The Chinese University of Hong Kong.

Reviews for Is the Chinese Economy a Miracle or a Bubble?

I found his reasoning fascinating and his arguments that other countries can replicate the Chinese experience to facilitate their own development sound and well-reasoned. This book will be read and discussed by scholars and practitioners interested in a better understanding of the road to economic development.--Myron Scholes, Stanford University