Stable and Sustainable Growth of a Large Open Economy: An Empirical Study of China

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Shiying Liu Xiaojin Zhang

Stable and Sustainable Growth of a Large Open Economy

Name: Stable and Sustainable Growth of a Large Open Economy
Price: 129.30 AUD
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ISBN: 9783034356077

An Empirical Study of China

Shiying Liu, Xiaojin Zhang

$161.95 $129.30

Hardback

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English

Peter Lang AG, Internationaler Verlag der Wissenschaften
12 January 2026

Macroeconomics; International economics; Financial crises & disasters; Finance

This book analyzes the basic theories of new open economy macroeconomics, economic growth and policy choices in openness. It discusses the economic distortions in international capital flows and the mechanism through which shocks are amplified to affect macroeconomic stability, and the international correlation of China’s economic cycle. In addition, it highlights the macroeconomic impact of government expenditure on improving people’s well-being and the essential role of public goods and services provision. Finally, it investigates optimal wealth distribution and the corresponding social welfare function, offering valuable theoretical and practical contributions to the study of openness and macroeconomic stability.

By: Xiaojin Zhang
Translated by: Shiying Liu
Imprint: Peter Lang AG, Internationaler Verlag der Wissenschaften
Country of Publication: Switzerland
Edition: New edition
Dimensions: Height: 229mm, Width: 152mm,
Weight: 522g
ISBN: 9783034356077
ISBN 10: 3034356072
Pages: 282
Publication Date: 12 January 2026
Audience: Professional and scholarly , Undergraduate
Format: Hardback
Publisher's Status: Active

ZHANG Xiaojing, is a Professor of Economics and Director of National Institution for Finance & Development, Chinese Academy of Social Sciences (CASS); Member of Chinese Economists 50 Forum; Member of China Finance 40 Forum. Prof. Zhang is also the recipient of prestigious awards such as SUN Yefang Financial Innovation Prize for 2015, SUN Yefang Economics Prize for 2005 and 2007, and the First prize for Beijing’s 17th Outstanding Achievements in Philosophy and Social Sciences. He actively participated in the research and consultant work on China’s 11th, 12th, 13th, and 14th Five-Year Plan. He is in charge of the Center for National Balance Sheets (CNBS) which is the only institution that releases the annual data for China’s National assets and liabilities. He was a Visiting Professor at Harvard and National Bureau of Economic Research (NBER) in 2006-2007; and a Visiting Fellow at Stockholm School of Economics, from 1999-2000. His research interests are macroeconomics, macro-finance, and development economics.