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"It's clear that China is the world's next economic superpower. But what isn't so clear is how China will get there by … population, and coping with a less accommodative global environment. In this book, economists from China's leading university and … analyses and policy recommendations by a group of top Chinese and American scholars. Whether China succeeds or fails in …
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Employing the news-based economic policy uncertainty (EPU) Index of Baker, Bloom, and Davis (2016) and quarterly data of Chinese listed companies, we find that an increase in EPU raises the average debt-to-asset ratio of state-owned enterprises (SOEs) but lowers that of private-owned enterprises...
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colonies, especially in Africa. Notwithstanding China's long and rich history, its long-term effect on modern day development …, particularly financial development, remains under-researched. The shocks experienced by China provide important settings for future …
Persistent link: https://www.econbiz.de/10012912861
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, the authorities in the People's Republic of China (PRC) have made efforts to internationalize its currency through a two …
Persistent link: https://www.econbiz.de/10010355692
years, the authorities in the People's Republic of China (PRC) have made efforts to internationalize its currency through a …
Persistent link: https://www.econbiz.de/10013053465
The end of the long civil war in Sri Lanka in 2009 generated widespread expectations of a peace dividend that would enable the country to embark on a period of sustained economic growth. Recent developments have dampened that optimism, however, rekindling fears that Sri Lanka's tale of missed...
Persistent link: https://www.econbiz.de/10010835655
Boosting consumption has been a policy strategy for rebalancing the Chinese economy. The official statistics, however, show persistently declining consumption as a share of GDP during the past decade. In this paper, we provide a more complete picture of Chinese consumption by piecing together...
Persistent link: https://www.econbiz.de/10011009824