Inflation and Investment Controls in China

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Product Information

ISBN9780521665735
PublisherCambridge University Press
Price (excl. tax)€48.02
Tax€2.88
Price (incl. tax)€50.90
Availability1 unit in external warehouse

Product Description

How has the Chinese central government been able to avoid the crippling hyperinflation that has bedeviled so many developing and centrally planned economies? Focusing on central-local relations, Yasheng Huang explains why local Chinese officials comply, even against their own economic interests, with the inflation-control policies of the central government.