VII. The Redistributional Effects of the Chinese Inflation

Chapters in this book

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