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China has achieved tremendous economic progress in the last three decades, but there is much work to be done to make … in striking the right balance in terms of speed and coordination of reforms. We argue that China's current stage of …
Persistent link: https://www.econbiz.de/10003464109
From 1995 to 2005, the average urban household saving rate in China rose by 8 percentage points, to about one quarter …
Persistent link: https://www.econbiz.de/10003586567
, especially those related to having an open capital account, do not loom large in the case of China. In the process of securing …, especially those related to having an open capital account, do not loom large in the case of China. In the process of securing …
Persistent link: https://www.econbiz.de/10003539352
changes for the balance and sustainability of China's own economic development as well as the associated implications for the … global monetary system. While China is actively promoting the internationalization of its currency, it is a long way from … attaining full convertibility or meeting other prerequisites for achieving reserve currency status. Ultimately, China will …
Persistent link: https://www.econbiz.de/10009530739
China's household saving rate has increased markedly since the mid-1990s and the agesaving profile has become U … households, respectively, to raise their saving rates. These two factors account for over half of the increase in China's urban … household savings rate and the U-shaped age-profile of savings. -- China ; household savings ; income uncertainty ; pension …
Persistent link: https://www.econbiz.de/10009304386
Persistent link: https://www.econbiz.de/10003073019
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 …
Persistent link: https://www.econbiz.de/10012178659
China's remarkable run of persistently high growth in recent decades is all the more stunning in light of the country …
Persistent link: https://www.econbiz.de/10014279871