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The Chinese leadership in November 2013 determined to embark upon a new wave of comprehensive reforms in China. This is clearly reflected by the key decision of the Third Plenum of the 18th Central Committee of Communist Party of China to assign the market a decisive role in allocating...
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Energy Price Reform in ChinaThe Chinese leadership has determined to assign the market a decisive role in allocating resources. To have the market to play that role, getting the energy prices right is crucial because this sends clear signals to both producers and consumers of energy. While the...
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A surprisingly large number of countries have been able to finance a significant fraction of domestic investment using … investment was financed via private capital inflows. That said, foreign savings are not a good substitute for domestic savings … abruptly with compression of the current account, real exchange rate depreciation, and a sharp slowdown in investment. Summing …
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evidence for the existence of "energy currencies". Relying on the estimation of panel smooth transition regression (PSTR …
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directly invest. We consider several investment scenarios under the CO2 regulation with and without incentives to renewables … investment policy affects electricity prices that significantly increase in 2020 compared to their 2009 levels. The raise of …
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