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China's Growth and Integration into the World Economy; Prospects and Challenges

Prasad, Eswar - International Monetary Fund (IMF) - 2004

that will need to be addressed for China to maintain sustained high growth and continued global integration. …

Persistent link: https://www.econbiz.de/10005252521

Effects of Financial Globalization on Developing Countries; Some Empirical Evidence

Kose, M. Ayhan; Rogoff, Kenneth; Prasad, Eswar; Wei, … - International Monetary Fund (IMF) - 2003

This study provides a candid, systematic, and critical review of recent evidence on this complex subject. Based on a review of the literature and some new empirical evidence, it finds that (1) in spite of an apparently strong theoretical presumption, it is difficult to detect a strong and robust...

Persistent link: https://www.econbiz.de/10005590880

Putting the Cart Before the Horse? Capital Account Liberalization and Exchange Rate Flexibility in China

Prasad, Eswar; Wang, Qing; Rumbaugh, Thomas - International Monetary Fund (IMF) - 2005

liberalization in China. A more flexible exchange rate regime would allow China to operate a more independent monetary policy …, providing a useful buffer against domestic and external shocks. At the same time, weaknesses in China’s financial system suggest … concludes that greater exchange rate flexibility is in China’s own interest and that, along with a more stable and robust …

Persistent link: https://www.econbiz.de/10005605541