The Costs of Freedom: New Institutional Comparison of China’s and the U.S.’s Responses to the Financial Collapse
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Date
2014-05-13
Authors
Davis, Kent F.
Journal Title
Journal ISSN
Volume Title
Publisher
University of Oregon School of Law
Abstract
Following the financial collapse of 2008, both China and the United States implemented stimulus plans to minimize adverse market performance. Arguably the vertically integrated institutional structure of China produced a timely and homogenous plan that stimulated market performance. Conversely, the decentralized institutional structure of the United States produced a plan that was delinquent, discordant, and inefficacious. In other words, China’s stimulus plan had a closer fit between means and ends.
Description
38 pages
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Citation
15 Or. Rev. Int'l. L. 167 (2013)