Inflation and Investment Controls in China

Discover the intricate dynamics of China's economic landscape in Inflation and Investment Controls in China by Yasheng Huang. Published by Cambridge University Press in 1999, this insightful paperback spans 396 pages, delving into the effectiveness of anti-inflationary policies in a rapidly evolving economy. Huang explores the remarkable ability of the Chinese central government to stave off hyperinflation, a challenge that has plagued many developing and centrally planned nations. Through an in-depth analysis of central-local relations, he reveals the compelling reasons why local officials align with national inflation-control strategies, often at the expense of their own economic interests. This book is essential for anyone interested in economic policy, political economy, and the unique challenges faced by China in the realm of public finance and monetary economics. Gain a deeper understanding of the forces shaping China's financial stability and the implications for global economics.