It takes the average reader 6 hours and 50 minutes to read Inflation and Investment Controls in China by Yasheng Huang
Assuming a reading speed of 250 words per minute. Learn more
How has the Chinese central government been able to avoid the crippling hyperinflation that has bedeviled so many developing and centrally planned economies? China's unique, de facto federalism, Huang argues - a combination of economic and fiscal decentralization and strong political centralization - has spurred economic growth and allowed political institutions to impose restraints on inflation from the top down. Focusing on central-local relations and the controlling role of political institutions, Yasheng Huang explains why local Chinese officials comply, even against their own economic interests, with the investment-reduction and inflation-control policies of the central government. Drawing upon institutional economics, he hypothesizes that the central government's powerful role in appointing and firing bureaucrats at the local level helps to reconcile some of the central-local economic policy differences. Huang uses systematic data analysis to test this proposition. This book also offers detailed descriptions of the roles of local governments in economic and investment management.
Inflation and Investment Controls in China by Yasheng Huang is 398 pages long, and a total of 102,684 words.
This makes it 134% the length of the average book. It also has 125% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 9 hours and 21 minutes to read Inflation and Investment Controls in China aloud.
Inflation and Investment Controls in China is suitable for students ages 12 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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