Re: [Pen-l] decoupling

To: "Progressive Economics" <pen-l@xxxxxxxxxxxxxxxxxx>
Subject: Re: [Pen-l] decoupling
From: "Anthony D'Costa" <promothesdcosta@xxxxxxxxx>
Date: Mon, 27 Oct 2008 14:47:09 +0100
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I wonder if it is "decoupling" and not "buffering"? It is anybody's guess how large the Chinese private sector is since the cross-holding of equity by state firms is of byzantinian proportion.

Anthony
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Anthony P. D'Costa
Professor of Indian Studies
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Copenhagen Business School
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On Mon, Oct 27, 2008 at 2:26 PM, Jim Devine <jdevine03@xxxxxxxxx> wrote:

why is it that people assume that China has been successful at
decoupling from the world economy, so that it won't experience
negative growth rates (as opposed to mere slowing growth) as a result
of kapital's kurrent kerfuffle?

also, we know that their central bank has accumulated mucho dinero
norteamericano (i.e., US$), but to what extent has the Chinese
private sector borrowed from US$ lenders and are so affected by the
credit cut-off?

--
Jim Devine / "Nobody told me there'd be days like these / Strange
days indeed -- most peculiar, mama." -- JL.
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References:
- [Pen-l] decoupling
  - From: Jim Devine

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Thread context:
- Re: Complexity theory and unpredictability Re: [Pen-l] GreenspanFinds "Flaw"!, (continued)
- [Pen-l] Nikkei falls 6 pct to 26-yr low, on yen, bank fears, Charles Brown Mon 27 Oct 2008, 14:57 GMT
- [Pen-l] blue screen of death nation, Jim Devine Mon 27 Oct 2008, 14:44 GMT
- [Pen-l] decoupling, Jim Devine Mon 27 Oct 2008, 13:04 GMT
  - Re: [Pen-l] decoupling, Anthony D'Costa Mon 27 Oct 2008, 13:24 GMT
- Re: [Pen-l] Why is the U.S. dollar regarded as a safe haven., soula avramidis Mon 27 Oct 2008, 08:19 GMT
- Re: [Pen-l] the era of free banking, Laurence Shute Mon 27 Oct 2008, 03:22 GMT
  - Re: [Pen-l] the era of free banking, Eugene Coyle Mon 27 Oct 2008, 14:02 GMT
    - Re: [Pen-l] the era of free banking, Michael Perelman Mon 27 Oct 2008, 14:40 GMT

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