modeling of the impacts of specific trade reforms. The author presents case studies for China and Morocco. Both the macro and …

associated with an increased demand for skilled labor, the opposite is true in China. This paper 'a product of the Growth and …

We analyze shifts in the structure of China's capital outflows over the past decade. The composition of gross outflows … enormous pool of domestic savings could have a significant impact on global financial markets as China continues to open up its … foreign portfolio allocations, Chinese IIs overweight sectors in which China has a comparative disadvantage. Moreover, Chinese …

The 'China shock' operated in part through the housing market, and that is an important reason why the China shock was … as big as it was. If housing prices had not responded at all to the China shock, then the total employment effect of the … China shock would have been reduced by more than one-half. Housing prices in the United States did respond to the China …

Since the 1990s, China's real estate market has experienced a dramatic and long-lasting boom across China. This boom … into a gigantic housing bubble, which might eventually burst and damage China's financial system and economy. Motivated by … this concern, this paper reviews the historical development of China's real estate market, describes the real estate boom …

China's real estate has been a key engine of its sustained economic expansion. This paper argues, however, that even …