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cities in China. To do so, I construct a unique dataset of bilateral transportation costs between Chinese cities, digitized … a sectoral reallocation between cities in China …
Persistent link: https://www.econbiz.de/10011978605
China’s rapid credit expansion in 2009–10 brought local government financing platforms (LGFPs) into the spotlight. This …, local governments, and sovereign balance sheet. This paper argues that LGFPs were a fortune for China in the past, but would …
Persistent link: https://www.econbiz.de/10014394439
Driving infrastructure development, notably mobilizing financial resources for infrastructure projects, has been challenging in many countries. This study includes two parts: an empirical analysis of macroeconomic risks associated with infrastructure booms, and a case study of four emerging...
Persistent link: https://www.econbiz.de/10014398382
While China's growth gathered momentum in 2017, rebalancing was uneven and decelerated along many dimensions reflecting …
Persistent link: https://www.econbiz.de/10012112238
We present and discuss a set of indicators to help assess countries' trade policies. The indicators relate to three policy areas - trade in goods, trade in services, and FDI. Given concerns about the direction of global trade policy, we also consider a set of more granular measures that reflect...
Persistent link: https://www.econbiz.de/10011803986
Over the last decade China's investment in Latin America and the Caribbean (LAC) has increased substantially in volume …, we demonstrate that since mid-2010s China's overseas investment has tilted toward sectors where China has a comparative …. Moreover, China's rising overseas investment can be linked to the rebalancing of Chinese economy, and LAC stands to benefit …
Persistent link: https://www.econbiz.de/10012612332
We explore the global footprint of Chinese banks and compare it with that of other bank nationalities. Chinese banks have become the largest cross-border creditors for almost half of all emerging market and developing economies (EMDEs). Their global reach resembles that of banks from advanced...
Persistent link: https://www.econbiz.de/10012392600
Investment has grown rapidly in China in recent years, reaching more than 40 percent of GDP. Despite good progress on …
Persistent link: https://www.econbiz.de/10014400156