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Probably because I am most interested in what I perceive to be within my own locus of control, Part I entitled "Savings Motives" (and to a lesser degree Part IV called "Empirical Studies of Saving") held the most interest for me. Parts II and III included papers on savings that I believe would be of more interest to policymakers and those seeking a macro-economic perspective. Part II is labeled "Fiscal Policy and Savings," while Part III is entitled "Social Security, Demographics, and Savings."
With each study covering a different aspect of how savings are affected by selected variables, the value of this volume to any given reader is not dissimilar to that of a cookbook. Some may find that one or more studies are worth the value of obtaining the book, whereas others may not. Some of the findings are clearly of interest to me, but because of the significant difficulty rendered by the very technical presentation, and I was unwilling to give this book more than two stars.
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The opening of this book, where police officer Toms is getting assaulted, has a lot of potential. Sadly enough, none of these possibilities have been explored in the further development of this rather plain story. It reads almost like a boring police report. Characterisations of the main figures are nowhere to be found, apart from some dry factual descriptions. The revengeful ending is a real bummer and has nothing to do with the story-line.
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This is a book of big print and small ideas. White space and empty pages pad the number of pages from less than 100 to nearly 300. Of these, 10 pages are given over to glossy photos of Party leaders accompanied by vacuous comments.
Indeed, the entire book reminds me of the sort of barren tracts published by China's official printers. It is full of anecdotes and homilies that are poor substitutes for their lack of analysis.
There is a sense that the authors know that there are problems with the Chinese economy. But they offer no sensible analytical framework to understand them or to resolve them.
While dancing around the issue of China's state-owned enterprises, they never seem to understand that most cannot be mended, they must be ended. If not, continued expenditures on them will destroy yet more of the hard-earned savings of China's citizens and destroy opportunities to create new wealth.
Their lack of candor could be put down to ignorance or knowledge that the Chinese government does not appreciate strong criticism. However, the bios on the authors suggests that they may suffer from a conflict of interest. They are consultants on restructuring of these state-owned enterprises.
Even the production of the book disappoints. My copy had pages that were uncut and others were printed unevenly. There is no bibliography. A more grievous sin is the lack of an index, itself a simple matter with any word processing package. But with a book that offers so little substance, I suppose these are of no great concern.
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