The business cycle and economic crisis — when will China experience them?
Item and associated files
Author
Chen, Yueyun (Bill) See all items with this value
Date
May 2019
Volume
4
Issue No.
2
Pages
60-78
ISSN
2519-5980 See all items with this value
e-ISSN
2519-5999 See all items with this value
Abstract
This paper gives a brief historical review of the business cycle and economic crisis-its theories and experiences. It focuses on whether China may soon experience the business cycle and economic crisis. Based on comprehensive analyses, it concludes that China may start experiencing the business cycle from the year around 2025-2027 and then experience the economic recession and even economic crisis thereafter. It further discusses what China can learn from other countries' similar experiences and what it should do to lessen potential negative effects.