JOIN OR RENEW TODAY
Displaying 1 - 7 of 7
A deflationary policy is just another type of intervention and in this sense it sets in motion a different form of the misallocation of resources.
In most economies, inventories are valued at market prices, while in China they are valued by the authorities and adjusted later. This is just one of many ways China manipulates GDP data.
Economic FreedomEconomic PolicyFree MarketsSocialism
Book ReviewsEconomic Policy