Wednesday, 16 March 2016

China’s High-Income Future (Erik Berglöf, Project-Syndicate)

“What if this is ‘as good as it gets’?” Jack Nicholson asks, as he walks through his psychiatrist’s waiting room in the eponymous film. At the recent meeting of G-20 finance ministers in Shanghai, participants were asking much the same question – and not just with regard to medium-term expectations of weak global growth. Many are now wondering whether China’s current growth rate will be as good as it gets for a long time to come.

http://www.project-syndicate.org/commentary/china-high-income-future-by-erik-berglof-2016-03

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