This book uses a comparative approach to explain why Chinaas role in the world economy has changed so dramatically in the last thousand years. This edition has been revised and updated and Chapter 4 is new. It concludes that China will resume its role as the world's largest economy by 2015.In order to measure constant prices, enterprises are given price manuals which specify the prices they are to use for benchmark years. The manual gives prices for about 2 000 items. In principle, firms estimate constant price values in yearsanbsp;...
Title | : | Development Centre Studies Chinese Economic Performance in the Long Run, 960-2030 AD, Second Edition, Revised and Updated |
Author | : | Maddison Angus |
Publisher | : | OECD Publishing - 2007-09-28 |
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