《Avoiding the Fall》作者：Michael Pettis【EPUB】

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【作者】: Michael Pettis
【出版社】: Carnegie Endowment for International Peace
【副标题】: China's Economic Restructuring
【出版年】: 2013-9-23


【内容简介】：
The days of rapid economic growth in China are over. Mounting debt and rising internal distortions mean that rebalancing is inevitable. Beijing has no choice but to take significant steps to restructure its economy. The only question is how to proceed.

中国经济高速增长的时代已经终结。债务不断累积和内部失衡日益加剧，意味着经济结构调整已不可避免。北京方面别无选择，只能采取重大举措来重组经济体系，唯一的问题是具体实施路径。

Michael Pettis debunks the lingering bullish expectations for China's economic rise and details Beijing's options. The urgent task of shifting toward greater domestic consumption will come with political costs, but Beijing must increase household income and reduce its reliance on investment to avoid a fall.

迈克尔·佩蒂斯（Michael Pettis）驳斥了那些对中国经济持续看涨的乐观预期，并详细阐述了北京可选择的改革方案。尽管向扩大内需转型的紧迫任务将伴随政治成本，但为避免经济硬着陆，中国政府必须提高居民收入水平，同时降低对投资驱动模式的依赖。