![]() |
![]() |
![]() |
CIAO DATE: 07/05
China Should Trust in Capital Markets
On the Issue
November 2004
R. Glenn Hubbard and William Dudley
The American Enterprise Institute for Public Policy Research
Abstract
A critical factor in China's long-term economic growth is the development of its capital markets, which if properly organized could foster greater productivity, increased wages, and employment growth.