The current global financial turmoil, triggered by the US subprime crisis, has spread quickly and resulted in the worst global economic crisis since the 1930s.
The book provides one of the most detailed and comprehensive reviews of the growth experience of a group of low and middle income countries before and during th
This book examines China’s response to the 2007-2008 global financial crisis, and the resulting new status acquired by China within the international economy.
The western world attributed China’s role as world’s largest financer of the developed world and third largest economy in the world to new economic efficien