Thursday, 2 January 2014

Growing like China: understanding the puzzle of China's economic transition

In this short audio from Fabrizio Zilibotti talks to Viv Davies about Zilibotti's award-winning paper ‘Growing Like China’ (co-authored with Zheng Song, Kjetil Storesletten and Yikai Wang) that addresses the puzzle of the combination of high growth and high return to capital in China with a growing foreign surplus. They also discuss pensions and demographic transition in China, factors that are driving the country’s growth and the country’s future role in the global economy.

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