Description

Book Synopsis
Until recently a lack of precision around China's economic size was taken for granted but caused little lost sleep: room to expand and the pace of growth were self-evident, and everything beyond that was academic for most purposes. But today the pace and even direction of China's growth is prone to volatility, and the nation is sizable enough to cause global disruption. This study reassesses China's nominal economic size from the bottom up. It compares China's practices with international standards and reviews the long-standing arguments about Chinese economic statistics to separate real concerns from distractions.

Broken Abacus

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    A Paperback by Beibei Bao, Beibei Bao

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      Publisher: Centre for Strategic & International Studies,U.S.
      Publication Date: Publication Date: 1/21/2015 12:08:00 AM
      ISBN13: 9781442240841, 978-1442240841
      ISBN10: 1442240849

      Description

      Book Synopsis
      Until recently a lack of precision around China's economic size was taken for granted but caused little lost sleep: room to expand and the pace of growth were self-evident, and everything beyond that was academic for most purposes. But today the pace and even direction of China's growth is prone to volatility, and the nation is sizable enough to cause global disruption. This study reassesses China's nominal economic size from the bottom up. It compares China's practices with international standards and reviews the long-standing arguments about Chinese economic statistics to separate real concerns from distractions.

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