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VII. The Redistributional Effects of the Chinese Inflation
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Shun-Hsin Chou
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Chapters in this book
- Frontmatter I
- Foreword IX
- Preface and Acknowledgments XI
- Contents XV
- Introduction 1
- I. The Pattern of the Chinese Inflation 18
- II. Receipt and Expenditure: Inflationary Pressures in the Government Sector 40
- III. Consumption and Investment: Inflationary Pressures in the Private Sector 89
- IV. Foreign Exchange and Trade Policy: Inflationary Pressures in the International Sector 115
- V. Trade, Payment, and Foreign Aid: Inflationary Pressures in the International Sector 156
- VI. Bank Credit, Velocity, and Inflation 187
- VII. The Redistributional Effects of the Chinese Inflation 236
- VIII. A Comparison of the Chinese and Other Inflations 259
- Epilogue 272
- Appendix I. Mechanics of Inflationary Spiral 275
- Appendix 2. Statistics of Chinese Government Revenue and Expenditure 286
- Appendix 3. Effects of Inflation on Government Debt in Foreign Currencies 288
- Appendix 4. Effects of Inflation on Income Tax 291
- Appendix 5. Changes in Private Holdings in Foreign Assets 293
- Appendix 6. Supplementary Tables 300
- Notes 314
- Index 331
Chapters in this book
- Frontmatter I
- Foreword IX
- Preface and Acknowledgments XI
- Contents XV
- Introduction 1
- I. The Pattern of the Chinese Inflation 18
- II. Receipt and Expenditure: Inflationary Pressures in the Government Sector 40
- III. Consumption and Investment: Inflationary Pressures in the Private Sector 89
- IV. Foreign Exchange and Trade Policy: Inflationary Pressures in the International Sector 115
- V. Trade, Payment, and Foreign Aid: Inflationary Pressures in the International Sector 156
- VI. Bank Credit, Velocity, and Inflation 187
- VII. The Redistributional Effects of the Chinese Inflation 236
- VIII. A Comparison of the Chinese and Other Inflations 259
- Epilogue 272
- Appendix I. Mechanics of Inflationary Spiral 275
- Appendix 2. Statistics of Chinese Government Revenue and Expenditure 286
- Appendix 3. Effects of Inflation on Government Debt in Foreign Currencies 288
- Appendix 4. Effects of Inflation on Income Tax 291
- Appendix 5. Changes in Private Holdings in Foreign Assets 293
- Appendix 6. Supplementary Tables 300
- Notes 314
- Index 331