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To what extent does the global economy which has emerged from the

May 16, 2023

To what extent does the global economy which has emerged from the financial crisis of 2007- 2008 depend on Chinese economic growth? Is such dependence a sign of fragility and potential instability?

1. Answer the question using the theories and models available within orthodox economics (i.e. economics based in and developing the neo-classical tradition) – (use around 1500-2000 words)

2. Write a critique of the approach taken by orthodox economics as defined above to the question from the standpoint of ONE of the major traditions within heterodox economics (use around 1000-1500)

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