It takes the average reader and 26 minutes to read Resolving China's Zombies: Tackling Debt and Raising Productivity by W. Raphael Lam
Assuming a reading speed of 250 words per minute. Learn more
Nonviable “zombie” firms have become a key concern in China. Using novel firm-level industrial survey data, this paper illustrates the central role of zombies and their strong linkages with stateowned enterprises (SOEs) in contributing to debt vulnerabilities and low productivity. As a group, zombie firms and SOEs account for an outsized share of corporate debt, contribute to much of the rise in debt, and face weak fundamentals. Empirical results also show that resolving these weak firms can generate significant gains of 0.7–1.2 percentage points in long-term growth per year. These results...
Resolving China's Zombies: Tackling Debt and Raising Productivity by W. Raphael Lam is 26 pages long, and a total of 6,656 words.
This makes it 9% the length of the average book. It also has 8% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 36 minutes to read Resolving China's Zombies: Tackling Debt and Raising Productivity aloud.
Resolving China's Zombies: Tackling Debt and Raising Productivity is suitable for students ages 8 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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